Contact UsDMCA policyAbout UsPrivacy PolicyTerms of UseDisclaimerCookie Policy
Trending
How to Detect Malware in Your BrowserExploring the Benefits of Popular Dietary Supplements: What Science SaysUnderstanding Z-Library: Bottom line on Legality and SafetyThe healthcare sector is complex and ever-evolvingEstablishing a Comprehensive Patient Safety ProgramTips for Overcoming Substance Use DisorderHow To Recognize Signs of Mental IllnessLeveraging Fashion Trends While Maintaining IndividualityTips for Utilizing Knowledge Management ToolsTeam Collaboration: Using an Action Plan Template for Group Projects
Home › Technology

BharatNet Broadband Project to Roll Out in 16 States

Sunil yadavJul 04, 2021Technology
BharatNet Broadband Project to Roll Out in 16 States

The Cabinet on Wednesday approved public private partnership mode for the rollout of BharatNet project for broadband services in villages in 16 states with viability gap funding of Rs 19,041 crore, Telecom Minister Ravi Shankar Prasad said.

Prasad said the decision to involve private players was taken after Prime Minister Narendra Modi announced on August 15, 2020 that around 6 lakh villages in the country will be connected with broadband in 1,000 days.

“The Cabinet has in-principle approved implementation of BharatNet in 16 states in a public private partnership model with total expense of Rs. 29,430 crore. The government of India will only spend the viability gap fund of Rs. 19,041 crore,” Prasad said while sharing details of the Cabinet decision.

The 16 states are — Kerala, Karnataka, Rajasthan, Himachal Pradesh, Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, West Bengal, Assam, Meghalaya, Manipur, Mizoram, Tripura, Nagaland and Arunachal Pradesh.

Prasad said till date, 1.56 lakh out of the 2.5 lakh village panchayats have been connected with broadband.

“The PPP model shall be executed in 16 states of India in 3.61 lakh villages,” Prasad said.

An official statement said the Cabinet also accorded in-principle approval for extending BharatNet to cover all inhabited villages in the remaining states and union territories.

“The Department of Telecommunication will separately work out the modalities for these (remaining) States/UTs,” the statement said.

The minister said there will be an agreement of 30 years with private players and the entire project will be divided into nine packages.

“No player will get more than four packages,” Prasad said.

He said that one package corresponds to a telecom circle area.

“If you calculate the opex and capex of 30 years, then it comes to around Rs 95,000 crore if the government of India had executed it. Compared to this, the government is setting up this architecture for viability gap funding of Rs. 19,041 crore,” Prasad said.

The viability gap funding is provided in case an entity faces loss for executing a project. The gap between cost of running a project and actual revenue realisation is provided through viability gap funding.

The minister further said that access to broadband in rural areas will improve e-governance, tele-medicine, online education and develop entrepreneurship.

Earlier this week, Finance Minister Nirmala Sitharaman had said the additional Rs 19,041 crore fund increases the total outlay for BharatNet project to Rs. 61,109 crore.

Sitharaman had said Rs. 42,068 crore has been already utilised for reaching 1,56,223 gram panchayats that are now ready for broadband services as of May 31.

Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

CategoryTechnology

Related News