Cabinet approves investment of ₹1.3 lakh crore in Bharat Net
Live MintNEW DELHI: The Union Cabinet has approved an allotment of ₹1,39,579 crore for the next phase of Bharat Net to make 5G network available to remote areas of the country, according to government officials. “With a system of ring topology, we plan to reach 6.4 lakh villages within the next two years from the current 1.94 lakh connected villages under the Bharat Net Udyami Yojana,” one of them said, asking not to be named. The Bharat Net project, executed by the Special Purpose Vehicle consisting of Bharat Broadband Network Limited and Bharat Sanchar Nigam Limited merger, completed a pilot project in eight months, covering 60,000 villages across four districts. With 3.51 lakh fibre connections completed in the pilot project purely by Bharat Net fibre, while BSNL gives 1.3 lakh fibre connections every month, the government believes that a good precedent has been set, and they will soon be formally launching Bharat Net, he told.