Digital Bharat Nidhi to replace USOF

Key Points

• 1Digital Bharat Nidhi will replace the Universal Service Obligation Fund (USOF).
• 2Contributions made by telecom companies will be credited to the Consolidated Fund of India (CFI).
• 3Funds will support telecommunication services in underserved areas, research, and development.
• 4An 'administrator' will select 'DBN implementers' through bidding.
• 5The DBN will fund schemes for underserved groups and promote next-generation telecommunication technologies.