NOFN Panel Estimates Budget of Broadband Net To Surpass Rs. 72,778 Crore

By May 30th, 2015 AT 4:13 PM

A committee that was set up by government to look after the NOFN project has estimated the cost of the project to hike three times more than the initial estimates. As per the reports, the government approved the budget of Rs. 20,000, but the NOFN Panel has suggested that the actual cost will surpass Rs. 72,778 crore.

docomo-vs-reliance

The information was made public by Telecom Ministry stating that the committee had estimated the budget of the project to revolve around Rs. 72,778. However, there are chances of this cost to come down by Rs 6,900 crore, provided the duct infrastructure of BSNL is used for the project. If government opts for this way, the project should be renamed as BharatNet.

The committee has suggested the inclusion of business users and urban areas in the coverage, which was earlier limited to only 2.5 lakh village panchayats.

The committee members include Department of Telecom Joint Secretary V Umashankar, former IT Secretary J Satyanarayana, and USO Fund Administrator Aruna Sudararajan. Besides them, the committee also includes Tapan Ray of Department of Electronics and Information Technology, former Nasscom employuees Kiran Karnik and Som Mittal, and A K Bhargava of DoT.

Read more on:

Bhupendra holds a Post Graduate degree from Christ University. He is an investment banker & trader by profession and a writer by heart.

4
Leave a Reply

avatar
2 Comment threads
2 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
4 Comment authors
rajdeepSunilRadhakrishnan.K.PShubham Recent comment authors
newest oldest most voted
rajdeep
rajdeep

kya inke pas itna paisa hai bhi agar hai to yar kam thik karo time lo par kam hona chaiye. pehle gover. paisa toh kha jati thi aur kam bhi nahi hota tha ek bar toh humara paise se sahi kam kardo.

Shubham
Shubham

I hope that these shitheads are not eating the public money this time and doing the next big scam thing with this really good NOFN project !!

Radhakrishnan.K.P
Radhakrishnan.K.P

No .Our P.M.Narendra Modiji is here.

Sunil
Sunil

Yes you are right . PM’s leadership has the capacity to translate vision into reality.

Recent Posts

Airtel Digital TV Exempts Select Channels from NCF, Offers Discount to Subscribers

As of late, the TV industry is going through a massive change with the implementation of the new Trai mandate....

Truecaller Crosses 100 Million Daily Active User Mark in India

Swedish caller identification app Truecaller on Wednesday announced that the platform has crossed the 100 million mark in terms of...

BSNL Increases Validity of Rs 349 Prepaid Plan to 64 Days, Now Providing 3.2GB Daily Data

BSNL is on a revision spree of late. After revising various voice-only and data-only prepaid plans, the government-owned telco has...