Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
RSS

News

New telecom policy to get cabinet approval soon

Author: IANS/Tuesday, June 12, 2018/Categories: Telecom

New telecom policy to get cabinet approval soon

New Delhi, June 12 - A new telecom policy is likely to be in place by July 2018, Communications Minister Manoj Sinha said on Wednesday.

"By July-end I am hopeful that the Cabinet approval will come for the National Digital Communications Policy," Sinha told reporters here.

He was holding a press meet to share the achievements of the Department of Telecommunications and Department of Posts in the last four years.

The government on May 1 had released the draft National Telecom Policy 2018 aiming to attract investment of $100 billion in the Digital Communications sector by reforming the licencing and regulatory regime in the country along with promoting the ease of doing business.

The draft National Digital Communications Policy focusses on provisioning of broadband for all, creating 4 million additional jobs in the digital communications sector and enhancing the contribution of the digital communications sector to 8% of India's GDP from around 6% in 2017.

It also plans to propel India to the Top 50 nations in the ICT Development Index of International Telecommunication Union from 134 in 2017, enhancing New Delhi's contribution to global value chains and ensuring digital sovereignty.

Talking about the last four years, Sinha said: "When we took over telecom department it had challenges like trust deficit. The sector was in turmoil. In the last four years we have brought in transparency and good governance."

Asked about the present turmoil in the industry due to merger and consolidation resulting in job losses, Sinha said: "Consolidation is happening across the world. India is not out of that. After consolidation there will be major four to five players in the market."

Assuring that this was a passing phase and the turmoil would subside, the Minister said though there were some job losses, many new jobs had been created as well.

Talking about some important projects of the government, Sinha said "in-flight connectivity" services were likely to start within a year.

It is learnt that Communications Ministry officials will be meeting their counterparts in Civil Aviation Ministry in a week to discuss this matter.

Print Rate this article:
No rating

Number of views (98)/Comments (0)

rajyashree guha

IANS

Other posts by IANS
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free