/vnd/media/agency_attachments/bGjnvN2ncYDdhj74yP9p.png)
/vnd/media/post_banners/wp-content/uploads/2020/03/bsnl-plan-availability-extension.jpg)
The government will inject Rs 52,937 crore in capital into the telecom public sector undertaking BSNL (Bharat Sanchar Nigam Limited), in the FY23-24. The money will go toward re-organizing and upgrading the technology of BSNL.
The amount allocated to BSNL in this budget, is higher than Rs 44, 720 crore invested during the FY22-23. In preparation for the imminent launch of its 4G services, BSNL is scheduled to begin testing the indigenous 4G solutions this month.
The government has reduced the capital ingraining into BSNL for FY23 to Rs 33,269 billion, at the same time maintaining the amount of the voluntary retirement programme being offered to employees of BSNL and MTNL at Rs 3,300 billion according to the Budget delivered by finance minister Nirmala Sitharaman today.
For FY24, the government has allocated Rs 2,218 crore as grant in assistance for the telecom operator's GST payments on the purchase of 4G spectrum and an extra Rs 2,671 crore for the voluntary retirement scheme for employees of BSNL and MTNL.
When BSNL , attempted to introduce 4G in the past, it encountered many difficulties. For BSNL, things seem different this time around. In February, the state-run telco may finally roll-out 4G.
The Indian government is trying to make sure that everything proceeds correctly and quickly. The BSNL 4G network has a lot to offer users in India. It might relieve pressure on private telecoms’ clogged 4G networks and improve user experience.
Tata Consultancy Services(TCS) is assisting BSNL with the nationwide rollout of 4G. According to reports, BSNL and TCS finished their 4G PoC in Chandigarh in October 2022.
If BSNL can quickly roll out 4G, it will also be able to swiftly roll out 5G as planned. BSNL aims to come out with its 5G sevices by August of 2023.
The government also wishes for BSNL to roll out 5G quickly and telecom minister Ashwani Vaishnaw has repeatedly stated that BSNL will do so in 2023. According to the telecom Minister, BSNL’s 5G service would go live on August 15, 2023.