The Union government has launched National Broadband Mission to provide Broadband access to all villages by 2022. The mission aims to connect 600,000 villages across India with an investment of Rs 7 lakh crore in the next 4 years from both government and private sector. The mission is a part of the National Digital Communications Policy, 2018. The mission will secure universal broadband access for implementation of broadband initiatives and aims to offer Internet speed upto 50 Mbps in a phased manner.
According to the government, 10% of the funds will come from Universal Service Obligation (USO) Fund and the remaining will come from industry in the form of towers and other assets.
Source: The Live Mint