Govt to spend around Rs 33,000 cr on broadband in 3 years: Garg

Government plans to spend around Rs. 33,000 crore over next 3 years on broadband projects, according to a top official, says a report in PTI.
Govt to spend around Rs 33,000 cr on broadband in 3 years: Garg
Government plans to spend around Rs. 33,000 crore over next 3 years on broadband projects, according to a top official, says a report in PTI.
 
According to Rakesh Garg, Telecom Secretary, “Government will be spending approximately Rs. 33,000 crore in coming three years in these National Optical Fibre Network, Government Users Network, etc.)programme.”
 
While, government has already approved Rs. 21,000 crore for NOFN which aims to connect all 2.5 lakh village panchayat by March 2017, funds for GUN that will be used to deliver broadband service are yet to be approved by the Cabinet.
 
As per initial estimates, the capital expenditure for GUN is estimated to around Rs. 4,942 crore and operational expense (opex) of Rs. 2,472 crore per annum will be required.
 
The estimates have been sent to Expenditure Finance Committee for clearance after which it will be placed before the Cabinet for final nod.
 
Garg said, the survey of about 2 lakh village panchayats has been completed and the work will be expedited as the rainy season is now over.
 
“We believe that by end of this financial, we will be completing more than 50,000 village panchayats,” Garg said.
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