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Will Budget 2025 boost India's digital accessibility with lower costs?

Business Standard LogoBusiness Standard5h ago

Will Budget 2025 boost India's digital accessibility with lower costs? - Business Standard

Quick Summary:

The government’s commitment to improving digital infrastructure has already shown positive outcomes, with significant reductions in internet costs leading to increased smartphone adoption.

In the 2024 Union Budget, the Ministry of Communications received a net allocation of Rs 1.28 trillion, which included provisions for various schemes aimed at enhancing telecommunications infrastructure and services.

Swati Bhargava, co-founder of CashKaro and EarnKaro, said, “In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman reduced the basic customs duty (BCD) on mobile phones, printed circuit board assemblies (PCBA), and mobile chargers from 20 per cent to 15 per cent.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 19:14:22 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 827 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25342831

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 294 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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