Govt to invite bids from global firms for rural internet project
Hindustan TimesIndia will soon invite global bids to bring broadband to 361,000 villages across 16 states in public-private partnership mode with government aid, Union minister Ravi Shankar Prasad said. The cabinet also cleared parts of the ₹6.28 lakh crore economic package announced on Monday by finance minister Nirmala Sitharaman, which needed approval. Another element of the economic relief package cleared by the cabinet is the ₹50,000 crore financial guarantee cover for opening new healthcare facilities or for expanding existing ones under the new ‘loan guarantee scheme for Covid-hit sectors’. The Cabinet Committee on Economic Affairs on Wednesday approved the marquee ₹3.03 trillion power distribution company reform scheme, wherein the Centre’s share will be ₹97,631 crore.