The overall estimated cost of the project with 5 years of operational cost is about 1,072 crore.
Execution agency being BSNL and the technical consultant being TCIL, the project is expected to be completed by 2023.
During the release it is said that, "Telecommunication connectivity plays a vital role in employment generation. The present approval for the provision of Submarine Optical Fibre Cable Connectivity will vastly improve telecommunication facility in the Lakshadweep Islands by providing large bandwidth."
It is expected that , USO Fund will also be released for increasing Mobile network coverage in Arunachal Pradesh and Assam.
USO (Universal Service Obligation) Fund.
Keywords: BSNL, USO FUND, LAKSHADWEEP, OPTICAL FIBER CABLE, OFC, INTERNET, SPEED, CONNECTIVITY, NEW PROJECT, CURRENT AFFAIRS.