Budget earmarks ₹1.28 lakh cr for telecom projects & PSUs

‘The total net allocation for this demand in BE Budget Estimate) FY25 is Rs 1,28,915.43 crore Rs 1,11,915.43 crore plus Rs 17,000 crore)’

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The government has proposed the allocation of Rs 1.28 lakh crore for telecom projects and public sector firms under the Telecom Ministry with a majority of funds earmarked for state-owned BSNL.

Of the total proposed allocation, over Rs 1 lakh crore is meant for BSNL and MTNLrelated expenses, including Rs 82,916 crore infusion in BSNL for technology upgradation and restructuring at BSNL.