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Of the total proposed allocation, over Rs 1 lakh crore is meant for BSNL and MTNL-related expenses, including Rs 82,916 crore infusion in BSNL for technology upgradation and restructuring at BSNL LTD.

Union Finance Minister Nirmala Sitharaman has proposed an allocation of Rs 1.28 lakh crore for telecom projects and public sector firms under the Telecom Ministry, with most of the funds designated for state-owned BSNL, according to the Budget 2024-25 document.

Out of the total proposed allocation, over Rs 1 lakh crore is intended for BSNL and MTNL-related expenses. This includes Rs 82,916 crore for technology upgrades and restructuring at BSNL.

"The total net allocation for this demand in the Budget Estimate (BE) 2024-25 is Rs 1,28,915.43 crore (Rs 1,11,915.43 crore plus Rs 17,000 crore).

The additional provision of Rs 17,000 crore is sourced from the Universal Service Obligation Fund balances and will be used for schemes such as Compensation to Telecom Service Providers, Bharatnet, and Research and Development," the Budget document states.

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