26 Sep 2018
Cabinet approves new telecom policy, aims to create 4-million jobs
The Cabinet today approved a new telecom policy, now named National Digital Communications Policy (NDCP), 2018, which aims to attract $100 billion investment and create 4 million jobs in the sector by 2022.
According to the draft of the policy, NDCP is focused on increasing high-speed broadband penetration, with use of modern technologies like 5G and optical fibers across the country at affordable rates.
Telecom policy provides access to 50 Mb/s speed, 5G services
The draft seeks to rationalize levies such as spectrum charges to rejuvenate the debt-ridden Manoj Sinha-headed telecom sector.
The policy included provisions to adopt "Optimal Pricing of Spectrum" to ensure sustainable and affordable access to digital communications.
High spectrum price and related charges have been the main concern of telecom services segment, which is reeling under a debt of around Rs. 7.8 lakh crore.