TRAI releases consultation paper on National Telecom Policy 2018
The Department of Telecommunications (DoT), through its letter dated August 21, 2017 requested the TRAI to suggest its policy inputs for formulation of National Telecom Policy - 2018.
The Telecom Regulatory Authority of India (TRAI) on Wednesday issued a consultation paper seeking stakeholders` view to formulate the National Telecom Policy 2018.
The Department of Telecommunications (DoT), through its letter dated August 21, 2017 requested the TRAI to suggest its policy inputs for formulation of National Telecom Policy - 2018.
The DoT, on its web-site, has stated that the new telecom policy will be governed by the key guiding principle of alignment with the national vision. Its major themes will be regulatory and licensing frameworks impacting the telecom sector, connectivity-for-all, quality of services, ease of doing business, and absorption of new technologies including 5G and Internet of Things (IoT).
The policy has, "common Strategies to leapfrog India amongst top-50 nations in international rankings in terms of network readiness, communications systems and services, to attract an investment of USD 100 billion in telecommunication sector, and to attain average speed of 20 Mbps for wireless and 50 Mbps for wireline internet connectivity."
The government through the new telecom policy seeks to spur the socioeconomic development up to the bottom of the pyramid by ensuring voice, video and data connectivity for all, provide reliable and secured connectivity with assured quality of service.
Stakeholders are requested to furnish their written comments by January 19, 2018.
The Indian telecom sector is the second largest in the world by number of telephone subscribers with 1.2 billion subscribers as on October 31, 2017. India also has the world`s second-largest internet subscriber base with 340 million internet subscribers as on October 31, 2017. It has one of the lowest tariffs for telecommunication services in the world.
The mission of the policy is to fulfil the communication needs of the people, enterprises, and industries at affordable prices. Also to develop state-of-the-art secured communication infrastructure for delivering high-quality quality services to man and machines in urban as well as rural area.
"To establish India as global hub for internet and data communication systems and services in a net-neutral environment. To aim for self sufficiency in telecom equipment manufacturing ," the consultation paper said.
It has the objective to increase rural tele-density to 100 per cent. "To leapfrog India amongst top-50 nations in international rankings in terms of network readiness, communications systems, and services."
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
02:46 PM IST