BharatNet Project has Taken Rs 39,630.66 Crore from USOF so Far

The maximum amount of money under BharatNet has been spent in Maharashtra (Rs 5,349.82 crore), followed by Uttar Pradesh (Rs 5,029.94 crore). To ensure that the BharatNet project is executed efficiently, the govt set up a special purpose vehicle (SPV) called BBNL (Bharat Broadband Network Limited).

Highlights

  • BharatNet project, announced by the Union Cabinet (DoT) in 2011, aims to bring broadband connectivity to all gram panchayats and villages in India.
  • The project is funded by the USOF (Universal Service Obligation Fund).
  • USOF was established to bring internet and mobile connectivity to rural parts of India, where private telecom companies may not invest due to low or negative returns.

Follow Us

bharatnet project has taken rs 39630 crore

BharatNet project, announced by the Union Cabinet (DoT) in 2011, aims to bring broadband connectivity to all gram panchayats and villages in India. The project is funded by the USOF (Universal Service Obligation Fund). USOF was established to bring internet and mobile connectivity to rural parts of India, where private telecom companies may not invest due to low or negative returns. Until October 31, 2023, a total of Rs 39,630.66 crore has been disbursed from USOF under BharatNet.




If you want to check the current progress of BharatNet, refer to this link - BharatNet Project Status Update.

The maximum amount of money under BharatNet has been spent in Maharashtra (Rs 5,349.82 crore), followed by Uttar Pradesh (Rs 5,029.94 crore). To ensure that the BharatNet project is executed efficiently, the govt set up a special purpose vehicle (SPV) called BBNL (Bharat Broadband Network Limited). Earlier this year, BBNL was merged with BSNL, which is expected to take the efficiency of the BharatNet project as well as the quality of services to go up even further.

Through this, BSNL also gets access to more fiber assets throughout India to offer its FTTH (fiber-to-the-home) services. States such as Jharkhand are still behind when it comes to BharatNet fund disbursement. Compared to states such as Maharashtra and Uttar Pradesh, only Rs 974.77 crore has been disbursed from USOF towards BharatNet in Jharkhand (meaning only 20% of what has been spent in Maharashtra and UP). This could be mainly due to Maharashtra and Uttar Pradesh being large in size and having more rural areas to serve.

Read More - India Will Soon be a 5G Dominant Nation

The implementation and success of the BharatNet project would mean that people living in all parts of India would be able to access the internet in a non-discriminatory manner. It will add fuel to the digital economy and give more people access to the opportunities that the digital world presents.

Reported By

Editor in Chief

Tanay is someone with whom you can chill and talk about technology and life. A fitness enthusiast and cricketer, he loves to read and write.

Recent Comments

Faraz :

Not exactly next week, but after Holi. Mumbai whole circle should get Vi 5G. Weak signal areas might still miss…

India, UK Strengthen Collaboration in Telecom, AI, 6G, and Space…

Faraz :

Today Jio 5G speed has been most disappointing till now since Ind pak cricket match started. That is as low…

Reliance Jio Launches Rs 195 Data Pack with JioHotstar Subscription…

rahul_yadav :

Pretty good option for people who need affordable keypad phone with affordable monthly plans

JioBharat K1 Karbonn 4G Now Available for Just Rs 699

shivraj roy :

@Androidfreak @Faraz @Sujata @Rohit69? Would Vi actually start 5G for all from 1st March? After upgrading my phone, I'm starting…

India, UK Strengthen Collaboration in Telecom, AI, 6G, and Space…

Load More
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments