What is BharatNet?

It is a broadband program announced by the central government to further improve broadband connectivity across the country.

The Minister of Finance, Nirmala Sitharaman, in her speech proposed to provide 6,000 crore in 2020-21. With the focus on new economic models based on new age technologies such as artificial intelligence (AI) and Internet of things (IoT), the government also intends to present a policy that allows the private sector to build parks of data centers across the country, said FM.

Our vision is that all public institutions at the gram panchayat level, such as anganwadis, health and wellness centers, government schools, PDS outlets, post offices and police stations, will receive digital connectivity. The fiber for the home (FTTH) connection through BharatNet will link 100,000 grams of panchayats this year, he said.

The finance minister said the new economy is based on innovations that alter established business models.

Live plus Noting that the government has taken advantage of new technologies to allow direct transfers of benefits and financial inclusions on a scale like never before, he said that analyzes, financial technologies and IoT are changing lives.

It is now a cliché that the data is the new oil ... To take advantage of this, I propose to present soon a policy that allows the private sector to build data center parks across the country, Sitharaman said.