Thursday 27 September 2018

Cabinet approves $100-billion investment goal in e-communication

Will govt arithmetic derail 5G roll out by 2020? Telecom operators fear so

The Union Cabinet on Wednesday has cleared a new telecom policy, which aims to provide broadband to all, create an additional four million jobs and get $100 billion investment in the digital communications sector by 2022.

The objectives of the National Digital Communications Policy (NDCP) 2018 include enhancing the contribution of the digital communications sector to 8 per cent of India's GDP from 6 per cent in 2017 and propelling the country to the top-50 nations in the ICT Development Index of International Telecommunication Union (ITU) from 134 in 2017.

The policy also calls for rationalisation of levies for the telecom sector, which is struggling under financial stress. Telecom Minister Manoj Sinha said work on most of the aspects of the policy will be done within a year.

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