Friday, March 28, 2008

Economic Survey: Expand telecom infrastructure, R&D

According to the Economic Survey for 2007-08 telecom infrastructure and research and development (R&D) needs to be expand.

"With the rapid growth of the telecom network, there is a need to further expand the telecom infrastructure and research and development. This would require infusion of funds and strengthening of the domestic telecom manufacturing sector," the annual survey presented by Finance Minister P Chidambaram in the Lok Sabha on Thursday said.

"The development of special economic zones (SEZs) facilitates better telecom services, which will help in making India a hub for telecom manufacturing."

To increase the growth of telecom in rural areas the government has proposed to set up 200 million telephone connections by 2010.

Moreover the government has target of 20 million broadband connections by 2010.
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