Thursday 1 February 2018

Budget 2018: Telecom sector gets 10000-Cr; sector to create 4 lakh new jobs in 5 yrs

The financially stressed sector Telecom has been allotted Rs 10000 Crore in this Budget. Apart from that there is a provision of Rs 4,500 crore for Network for Spectrum project, an alternate communication network being built by the state-run BSNL for defence services in lieu of spectrum given by Defence Ministry for commercial mobile services.


Telecom Minister Manoj Sinha said that budget allocation will be used for setting up 5 lakh wi-fi hotspots in rural area. He also added that the sector is expected to create 4 lakh new jobs over a period of 5 years and contribute significantly to GDP.

The money will also be used for laying of 4 lakh kilometres of optical fibre cable (OFC) network to connect 1.5 lakh gram panchayats by March 2019, scaling up wifi networks and connectivity in north- eastern states and laying undersea cable for connecting Andaman and Nicobar Islands (ANI) and Lakshadweep Islands etc.

Sinha said: “In last three years base BTS (base transceiver station) in the country have almost doubled to 16.8 lakhs from 7.9 lakh in 2014. OFC network in the country has increased from 7 lakh kilometres to 14 lakh. Under Bharat Net phase 2 another 4 lakh kilometres of OFC will be laid.”

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