Advertise Here [728 W x 90 H pixels]
Construction : Telecom Update | August 2016 | Source : Infrastructure Today

Government drops plan for Rs.17.5k crore funds for telecom

The government has dropped a proposal to create three funds worth Rs.17,500 crore for promoting production of telecom equipment in the country as it can be covered under the Electronic Development Fund, Parliament has been informed.

Telecom network being a critical infrastructure, the Working Group for Telecom Sector in the 12th Plan proposed to create three funds with a total corpus of Rs.17,500 crore for promoting research and development and manufacturing of telecom equipment. The panel proposed a Telecom Manufacturing Promotion Fund of Rs.10,000 crore, Telecom Entrepreneurship Promotion Fund of Rs.2,500 crore and Telecom Research Development Fund of Rs.5,000 crore.
 
Advertise Here [728 W x 90 H pixels]