As per the Economic Survey, India may have achieved a teledensity of over 65%, but as many as 62,443 villages are still to get a taste of telecom revolution that started since 1995-96, reports the Economic Times.
"There are still about 62,443 uncovered villages, which would be provided with village public telephones (VPTs) facility with subsidy support from the Universal Service Obligation Fund (USOF)," the Survey said. India's teledensity (phones per 100 people) stood at 64.34% in November, 2010, it added.
USOF was set up by the government to subsidise the development of the telecom sector in rural areas. All telecom operators contribute a part of their revenue to this fund whose corpus stood at Rs 13,789.28 crore.
Source: The Economic Times
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.