Telecom policy could attract $100 bn investment by 2022 - News Summed Up

Telecom policy could attract $100 bn investment by 2022


The new telecom policy, which favours the rationalisation of spectrum charges, and pitches for net neutrality and increased broadband speed, is likely to be approved by the Union cabinet on Wednesday. “The draft NDCP (National Digital Communications Policy 2018) is expected to be part of the cabinet agenda and is likely to be approved,” officials said. The policy, which could attract $100 billion investments by 2022, focuses on providing broadband for all, creating four million additional jobs and increasing the contribution of the sector to 8 per cent of GDP from around 6 per cent in 2017. It also pitches for net neutrality by backing the principles of a free and open internet and rationalisation of spectrum charges. At present, levies form about 30 per cent of revenues earned by telecom firms.


Source: The Telegraph September 25, 2018 22:30 UTC



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