{"id":330247,"date":"2024-09-07T10:00:10","date_gmt":"2024-09-07T04:30:10","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=330247"},"modified":"2024-09-07T09:30:37","modified_gmt":"2024-09-07T04:00:37","slug":"telecommunications-administration-of-digital-bharat-nidhi-rules-2024-legal-news","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/07\/telecommunications-administration-of-digital-bharat-nidhi-rules-2024-legal-news\/","title":{"rendered":"Govt. notifies Telecommunications (Administration of Digital Bharat Nidhi) Rules, 2024"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">On 30-8-2024, the Ministry of Communication notified <span style=\"font-weight: bold;\">Telecommunications (Administration of Digital Bharat Nidhi) Rules, 2024<\/span> to provision telecommunication services. The provisions came into force on 30-8-2024.<\/p>\n<p style=\"font-weight: bold;\">Key Points:<\/p>\n<ol style=\"list-style-type: decimal;\">\n<li>\n<p style=\"font-weight: bold;\">Powers and Functions of Administrator:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>\n<p>Select Implementors through bidding process or through inviting applications;<\/p>\n<\/li>\n<li>\n<p>Formulate the procedure of bidding;<\/p>\n<\/li>\n<li>\n<p>Formulate the procedure for inviting;<\/p>\n<\/li>\n<li>\n<p>Enter into agreements with Implementors;<\/p>\n<\/li>\n<li>\n<p>Settle claims and disburse funds from Digital Bharat Nidhi to Implementors;<\/p>\n<\/li>\n<li>\n<p>Settle disputes with Implementors;<\/p>\n<\/li>\n<li>\n<p>Monitor, evaluate or verify the work done by Implementers;<\/p>\n<\/li>\n<li>\n<p>Undertake pilot study, pursuant to achieving the objectives of the Digital Bharat Nidhi;<\/p>\n<\/li>\n<li>\n<p>Create a digital portal to enable Implementers and other stakeholders to provide services, facilitate interaction, reporting and monitoring of schemes and projects.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p style=\"font-weight: bold;\">Funding from Digital Bharat Nidhi:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>\n<p>Funds will be provided to implement schemes and projects;<\/p>\n<\/li>\n<li>\n<p>Funds, in terms of a percentage of annual collection will be utilized for achieving the objectives;<\/p>\n<\/li>\n<li>\n<p>Funding modalities will be determined by the Administrator case-to-case, including full\/ partial\/co-funding\/market risk mitigation\/risk capital.<\/p>\n<\/li>\n<li>\n<p>Schemes targeted for underserved group, women\/ persons with disabilities \/ economically and socially weaker sections of society will also be funded.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p style=\"font-weight: bold;\">The criteria for undertaking schemes and projects under Digital Bharat Nidhi, should provide one or more criteria:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>\n<p>To provision telecommunication services;<\/p>\n<\/li>\n<li>\n<p>To create telecommunication network;<\/p>\n<\/li>\n<li>\n<p>To introduce next generation telecommunication technologies;<\/p>\n<\/li>\n<li>\n<p>To provide or improve access to advanced telecommunication services;<\/p>\n<\/li>\n<li>\n<p>To improve affordability of telecommunication services;<\/p>\n<\/li>\n<li>\n<p>To promote innovation, research and development, promotion and commercialization of indigenous technology development and associated intellectual property including creation of regulatory sandboxes;<\/p>\n<\/li>\n<li>\n<p>To encourage start- ups in telecommunications sector;<\/p>\n<\/li>\n<li>\n<p>To create bridge between the academia, research institutes, start-ups and industry for capacity building and development of telecom ecosystem;<\/p>\n<\/li>\n<li>\n<p>To create new technological solutions and deploy new technologies;<\/p>\n<\/li>\n<li>\n<p style=\"margin-bottom: 3%;\">To promote sustainable and green technologies in the telecommunications sector.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">These rules will focus on promoting sustainable and green technologies in the telecommunications sector.<\/p>\n","protected":false},"author":67515,"featured_media":325036,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,15],"tags":[72869,34060,72868,72870],"class_list":["post-330247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-rules_regulations","tag-digital-bharat-nidhi","tag-funding","tag-telecommuication-rules","tag-telecommunication-sector"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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The\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":218582,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/08\/23\/central-govt-notifies-nidhi-amendment-rules-2019\/","url_meta":{"origin":330247,"position":3},"title":"Central Govt. notifies &#8212; Nidhi (Amendment) Rules, 2019","author":"Bhumika Indulia","date":"August 23, 2019","format":false,"excerpt":"G.S.R. 467(E)\u2014In exercise of the powers conferred by sub-section (1) of Section 406 read with sub-sections (1) and (2) of Section 469 of the Companies Act, 2013, the Central Government hereby makes the following rules, to amend the Nidhi Rules, 2014, namely:- 1. (1) These Rules may be called the\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":265652,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/04\/20\/minimum-paid-up-equity-share-capital-increased-from-five-lakh-to-ten-lakh-rupees-vide-nidhi-amendment-rules-2022\/","url_meta":{"origin":330247,"position":4},"title":"Minimum paid up equity share capital increased from five lakh to ten lakh rupees vide Nidhi (Amendment) Rules, 2022","author":"Bhumika Indulia","date":"April 20, 2022","format":false,"excerpt":"On April 19, 2022, the Ministry of Corporate Affairs has notified Nidhi (Amendment) Rules, 2022 to amend the Nidhi Rules, 2014. 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