Loans
Loans
HomeNewsIndiaNew telecom policy likely to be rolled out next month: Telecom secretary

New telecom policy likely to be rolled out next month: Telecom secretary

The draft policy branded as National Digital Communications Policy 2018 was unveiled by the government yesterday. It aims to attract USD 100 billion or about Rs 6.5 lakh crore investments in the digital communications sector by 2022 with the help of reforms.

May 04, 2018 / 18:32 IST
Representataive Image

The new telecom policy is likely to be rolled out by next month, Telecom Secretary Aruna Sundararajan said today.

"We want to place it (the telecom policy) before the Cabinet in four weeks. It will be open for public comments for two weeks, then we will finalise everything in a week and send to the Cabinet after that. It will be in place in June," Sundararajan told reporters here.

The DoT has already issued draft of the new telecom policy.

The draft policy branded as National Digital Communications Policy 2018 was unveiled by the government yesterday. It aims to attract USD 100 billion or about Rs 6.5 lakh crore investments in the digital communications sector by 2022 with the help of reforms.

Promising rationalisation of levies such as spectrum charges to rejuvenate debt-ridden telecom sector, the proposed new telecom policy seeks to provide broadband access to all with 50 mbps speed, 5G services and create 40 lakh new jobs by 2022.

"The crux of the policy is to have broadband for all," Sundararajan said. She said that spectrum usage charges will be rationalised within the ongoing financial year.

"The investment in the sector will come once industry stabilises. There are efforts to stabilise industry soon," she said.

PTI
first published: May 4, 2018 06:12 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347