Budget 2023: ₹1.23 lakh crore allocated for postal, telecom projects

The government on Wednesday allocated ₹1.23 lakh crore for postal and telecom projects including ₹52,937 crore capital infusion in state-run BSNL.

Total allocation includes ₹97,579.05 crore for the Department of Telecom and ₹25,814 crore for Postal projects, the Budget document presented by Finance Minister Nirmala Sitharaman said on Wednesday.

State-run BSNL, which is expected to roll out 4G and 5G services this year, will get ₹52,937 crore capital infusion from the government in 2023-24.