Business Standard

UP, Gujarat, Madhya Pradesh likely to get funds for optical fibre cables

States have to ensure that there is no duplication of the existing Bharat net project in setting up OFC networks

optical fibre cable
Premium

States also have to ensure that no right of way applications are pending from Telecommunications Service Providers (TSP) and Internet service providers (ISP) beyond 60 days, on the date of submission of request for providing funds under this scheme

Subhayan Chakraborty New Delhi
Uttar Pradesh, Gujarat, and Madhya Pradesh may be among the next set of states in line to receive funds under a central grant for laying optical fibre cable (OFC) networks, officials said.

The Centre provides financial assistance to states in the form of 50-year interest-free loans for capital investment projects. Of the total Rs 1 trillion allocated for the scheme, Rs 3,000 crore has been earmarked, and made available to states for capital projects on the OFC network. The Department of Telecom (DoT) recently approved funds for Uttarakhand, Jharkhand, Haryana, and Karnataka.

“A number of states have submitted applications for receiving the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in