E-Paper
Budget 2023: ₹1.23 lakh crore allocated for postal, telecom projects
Budget 2023: State-run BSNL, which is expected to roll out 4G and 5G services this year, will get ₹52,937 crore capital infusion from the government in 2023-24.
The government on Wednesday allocated ₹1.23 lakh crore for postal and telecom projects including ₹52,937 crore capital infusion in state-run BSNL.
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Total allocation includes ₹97,579.05 crore for the Department of Telecom and ₹25,814 crore for Postal projects, the Budget document presented by Finance Minister Nirmala Sitharaman said on Wednesday.
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State-run BSNL, which is expected to roll out 4G and 5G services this year, will get ₹52,937 crore capital infusion from the government in 2023-24.
The government has allocated ₹2,158 crore for Optical Fibre Cable based network for Defence Services and ₹715.8 crore for telecom projects in the North Eastern states.
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The Department of Posts has been allocated ₹25,814 crore and includes ₹250 crore capital infusion in the India Post Payments Bank.
