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Telecommunication to financial services: How Budget affects key sectors

Spectrum auctions to be conducted in 2022, expected rollout of 5G mobile services within 2022-23

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Business Standard

3 min read Last Updated : Feb 02 2022 | 3:29 AM IST

Telecommunication

• Spectrum auctions to be conducted in 2022, expected rollout of 5G mobile services within 2022-23

• Contracts for laying optical fibre in villages, remote areas, to be awarded under the Bharatnet project through PPP in 2022-23. Completion expected in 2025.

• Allocation of 5 per cent of annual collections under the USOF to enable affordable broadband and mobile service proliferation in rural and remote areas

• New Scheme for design-led manufacturing to build a strong ecosystem for 5G as part of the PLI Scheme.

• Data Centres to be given Infrastructure Status to boost sector financing

Automotive

• Focus on battery swapping technology with the

Topics : Budget Speech Budget at a Glance Budget cycle Budget presentation Budget estimates Budget 2022 Telecom

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