Some of the major rivalries have been observed between BSNL vs Jio in the telecom industry in India. For this competition to gain more attention recently, the government intervened. The latest budget declared by the Finance Minister Smit Nirmala Sitharaman has redefined the contours of growth by giving accentuating the revival of BSNL as a counter stratagem against the monopoly of Jio.
Government’s Budget Focus
Definitely, Nirmala Sitharaman coming with a package for the seventh time breaks the record. The theme from this budget was employment where the major expenses were directed towards IT and Telecom. Notably, Rs 4. There was provision of Rs.54 lakh crore for defense; and substantialists were provided for Rural development, Agriculture, home affairs and Education ministries. Returning to the IT Scene, Rs 82,000 crore and Rs 33,000 crore were provided exclusively for BSNL.
Reviving BSNL
Out of total budget Rs 64, homophobia crore Rupees 22,916 crore has been allocated for technology up gradation and restructuring of this troubled organization is one of the steps for revival of BSNL. This move helps counter previous claims that the government was bias towards Ambani’s Jio over BSNL and the state-owned company was being left out to rot. In this manner, the BSNL’s budget helps ensure that employees, especially retirees, are given adequate compensation in turn increasing employee morale.
Promoting Domestic Production
In a bid to improve the values and cut down the import intensity; the government has recently raised the import duties on the telecom equipment by 5%. This has the objective of encouraging production of some of the basic requirements for telecommunication and networking like printed circuit boards, in accordance with the ‘Make in India’ campaign.
Bharat Net Scheme
Rs 8,500 crore has been earmarked for under the Bharat Net, to provide optical Fiber to the village so that even 4G internet, data services reach the last mile. This initiative has leaned on the capability of bringing about the assimilation of various citizens into the world of digital practices across the country.
Effect on Jio and Telecom Market
The comparative analysis of the Indian telecommunication market allowed for finding out that the increasing market share of Jio affects the market negatively because it has monopolistic tendencies. However, this is reverse now as the government has now intervened and BSNL has slowly and steadily started gearing up. BSNL added 2. 75 million customers most of which are always porting from other networks. It was so preceded by over 1,000 new 4G towers and, more perhaps inflammatory, assurances that 4G would soon be available everywhere.
Indigenous Technology as an Aspect of National Security
BSNL has also emphasized on domestic sourcing in its Rs 15,000 crore deal with Tata Consultancy Service (TCS) to Vedere its 4G data is not outsourced. Government now has decided to develop and set up the use of Made in India 4G and 5G technology to protect the country and be more independent on foreign technology.
Conclusion
From this point of view, one can state that it somehow may be possible to say that the Indian government must finally attempt to contain Jio’s aggression and balance the market with the help of its own carefully planned and well-thought-out budget as well as turning to BSNL as a key direction. This strategy would not only help in building a stronger company like a BSNL but at the same time, it would also ensure that the telecom services are properly charges to Indian citizen. Furthermore, looking at BSNL’s abundant service area base, the government can ensure affordable and efficient competition with other giants like Airtel, Vodafone, Idea, etc. This can be harming the monopolization of telecom services and as a result benefit the consumers. Further this action could lead to advancement in innovation and development of the industry which is in the gist of how the advancement of infrastructure will enhance the countries’ digital resources.
I am Praveen Kumar, a 21-year-old passionate about writing and staying informed. On CNA Times, I bring the latest news and updates, offering readers accurate and insightful information with my expertise and dedication.