Budget 2022: Govt to conduct auction for 5G rollout in FY22-23

Updated : Feb 01, 2022 13:23
|
Editorji News Desk

Union Budget 2022 : New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Tuesday said spectrum auction will be conducted to roll out 5G mobile services within 2022-23 by private firms.

In her Union Budget 2022-23 speech, she also said voluntary exit for corporates will be cut down to 6 months from 2 years.

Nirmala Sitharaman also informed that surety bonds will be made acceptable to reduce indirect costs for suppliers.

Budget 2022 Live Updates: Record Capex, Tax on Crypto & No Income Tax relief for middle class

While stating that 2,000 km of rail network will be brought under indigenous technology, KAWACH for safety and capacity augmentation, the finance minister also said 400 new generation Vande Bharat trains will be manufactured in the next three years. PTI MBI RKL MKJ

Congress on Budget 2022: How is govt imposing tax when cryptocurrency isn't legal?
 

5GNirmala SitaramanBudget 2022

Recommended For You

editorji | Business

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

editorji | Business

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

editorji | Business

Reliance completes merger of Star Television Productions with Jiostar

editorji | Business

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

editorji | Business

Nifty hits record high after 14 months; Sensex nears all-time peak