Broadband funding from plan allocation

Cabinet approved change in funding schemes under USOF including NOFN

PTI | November 9, 2012



The government on Thursday approved change in funding arrangement for schemes under the Universal Service Obligation Fund including rolling out of a national network for broadband services in the country.

"The Cabinet today approved the proposal to change in funding arrangement for the Univsresal Service Obligation Fund (USOF) schemes including funding of the scheme for creation of optical fibre network from non-plan to plan in the budget," Finance Minister P Chidambaram said here.

The USOF was created under the National Telecom Policy, 1999, for providing access of telecom services to people in rural areas at affordable prices.

Through National Optical Fibre Network (NOFN), the government aims to connect and provide broadband services across 2.5 lakh panchayats in the country.

"NOFN, which is approved in October 2011, will be completed by December 2013," Chidambaram said.

The proposal of Department of Telecommunications was based on the advice of the Department of Economic Affairs, an official release said.

"... suggested that the funding of USOF schemes including the scheme for creation of National Optical Fiber Network (NOFN) should continue to be financed out of the Plan allocation for better appraisal, monitoring and performance evaluation," the statement added.

It further said that accordingly a note was submitted for approval of the Cabinet on October 4 for reverting to the earlier arrangement for allocation through Plan Head, as implemented by the Ministry of Finance from the financial year 2011-12 onwards.

Earlier the Department proposed to restore the budgetary allocations towards USOF expenditure under Non-Plan Budget to avoid procedural delays and ensure timely allocation of funds, while submitting the proposal regarding scheme for creation of the National Optical Fiber Network (NOFN) for Broadband connectivity to Panchayats, the statement said.

Comments

 

Other News

The missing men in India`s family planning story

Every pregnancy requires two people. Yet India`s family planning programme continues to ask only one of them to bear almost all of its medical consequences. The newly released National Family Health Survey-6 (2023-24) confirms just how entrenched this asymmetry remains: 36.5% of currently married women a

`Development must be judged beyond GDP, with rights and justice at core`

Delivering the IXth Chief Justice M.C. Chagla Memorial Lecture on ‘Human Rights and Sustainable Development Goals’, in Mumbai Friday,  former Chief Justice of India Bhushan R. Gavai questioned whether conventional economic indicators such as gross domestic product (GDP), national income,

RTI exposes Rs 16,909 crore cost blowout on Mumbai-Goa Highway

Seventeen years after the centre first approved the widening of National Highway 66 between Mumbai and Goa into a four-lane highway, a fresh RTI reply has revealed a sharp escalation in the project`s sanctioned cost.   According to the RTI reply obtained by activist Jeetendra

"India`s semiconductor ecosystem is expanding rapidly"

Prime minister Narendra Modi on Thursday inaugurated SEMICON India 2026 in New Delhi. Addressing the occasion and highlighting the significance of the event`s fifth edition, the PM drew a parallel between the launch of Semicon India and Vishwakarma Diwas. He pointed out the beautiful coincidence of

Cabinet approves raising EPFO wage ceiling from Rs.15,000 p.m. to Rs.25,000

The union cabinet, chaired by the prime minister, has approved the proposal of the Ministry of Labour & Employment to enhance the wage ceiling for mandatory coverage under the Employees’ Provident Fund Organisation (EPFO) from Rs.15,000 to Rs.25,000 per month. The decision is expected to bring

UPI continues to remain free for peer-to-peer transactions: Finance Ministry

The new UPI framework introduced has no impact on any person to person transactions, and UPI will continue to remain completely free for all person-to-person transactions, irrespective of the amount transferred, the finance ministry clarified on Tuesday.   Payments to merchan

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter