Untitled Document

Excon, Excon 2011 Biggest Construction Equipment Trade fair India.

 
EPC World
Find all the latest updates on construction, construction equipments, softwares, infrastructure news, global trade shows, and get deep insights into the construction & infrastructure industry.
   
 
breaking news IRB Infrastructure Forms JV with Reliance Infrastructure for NHAI project | JSW raises Rs1849 cr via warrants issue | NTPC may buy stake in Australian coal mines | RIL plansto invest US $4 bnover 3 yrs for broadband | TATA Metaliks to construct 3mt steel project in Karnataka | Vizag Port in pact with Sterlite SAIL and Essar for integrated logistics hub | Sarguja UPMM in Chattisgarh delayed due to environment clearance |Chhattisgarh to plant six crore saplings this monsoon |Reliance Ind to infuse $3 bn to expand petrochem unit in Gujarat | Govtfavors 10% disinvestment in Coal India, Hindustan Copper
www.epcworld.in
 
EPCworld Magazine
Andhra Pradesh CM killed in copter mishap | Kolkata Port invites bids for HDC | Govt signs agreements with World Bank for three projects | Thermax enters into JV with SPX Corp | IVRCL Infra bags Rs 583 cr water projects
Telecom  

DoT seeks Rs 3000 cr support for BSNL

 
6/17/2009 1:59:57 AM

New Delhi June (EPC News): The communications ministry has sought an allotment of Rs 3,000 crore from the finance ministry for supporting BSNL’s wireline networks that were set up before April 2002.

The DoT wants the amount to be sanctioned in the budget. This is to compensate the state-owned telco for losses during the last fiscal after telecom regulator Trai had done away with access deficit charge regime from April 1, 2008.

Prior to that, all telcos were paying 0.75% of total revenues towards ADC, which was used to support BSNL’s unviable fixedline operations in rural India.

In 2007-08, BSNL got Rs 2,000 crore as ADC. All telcos pay 5% of total revenues towards the USOF, which is dedicated to improving communication facilities in rural India. Unutilized amount in the USOF is at over Rs 20,000 crore.

In March 2009, BSNL and DoT had signed a MoU to provide the state-owned operator a subsidy of Rs 6,000 core over the next three years from this fund to sustain its rural operations. In a bid to give further relief to BSNL, last year, DoT also exempted telcos from paying licence fee on fixedline telephony from licence fee enabling the state-owned operator to save Rs 1,200 crore annually.

 
 
www.epcworld.in
 
 
subscribe online
Advisory Panel
Advisory Panel
 
 
www.epcworld.in