Budget 2020: Rs 6,000 crore allocated for Bharat Net

Budget 2020: Rs 6,000 crore allocated for Bharat Net Finance Minister Nirmala Sitharaman in the first Union Budget of this decade made several announcements with the focus being on turning around the economic condition of the country. Providing a further push to Digital India, Sitharaman said in her Budget speech: "Data is the new oil. We will soon roll out a policy to enable private sector to build data centre parks throughout the country.” Fibre to Home connections under Bharat Net will be provided to 1 lakh gram panchayats this year itself with Rs 6,000 crore being kept aside for Bharat Net. Manufacturing of smartphones and electronics will be more of ‘Made in India’ soon, she said. On the announcements, this is what industry leaders had to say: Ashish Bhasin, CEO, APAC & Chairman India, DAN I think this is a good budget in some ways be...