New Delhi, Dec 17 (IANS): The central government on Friday launched National Broadband Mission, which envisages an investment of Rs 7 lakh crore in the next 4 years from both government and industry to connect the country digitally at a faster pace.
The mission, launched by Union Telecom Minister Ravi Shankar Prasad, is part of the National Digital Communications Policy, 2018.
The mission envisages Rs 7 lakh crore investment from government and private sector together over the next 3 to 4 years. 10 per cent of the funds will come from USO Fund and the balance to come from industry in the form of towers and other assets, Anshu Prakash, the Telecom Secretary said at the launch.
The mission will secure universal broadband access for implementation of broadband initiatives.
COAI Director General Rajan Mathews said the mission will fast-track digital connectivity across the country.
