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The universal service obligation fund will be allocated 5% of annual collections to enable affordable broadband and mobile service proliferation in rural and isolated locations.
Finance Minister Nirmala Sitharaman will present the Union Budget for the financial year 2022-23 on February 1, 2022.
Ahead of the Union Budget 2022, experts are bullish on some sectors and stocks which are expected to outperform going forward.
RBI MPC keeps repo rate steady at 4% 'on expected lines', say experts
Indian benchmark indices were trading sharply higher as there were no negative surprises. The 30-share BSE index was trading 876 points or 1.52 per cent higher at 58,509.62, and the broader NSE Nifty was up 252 points or 1.47 per cent to 17,357.15.