New Telecom Policy Approves, $ 100 Billion Investment, Claims 40 Million Jobs
The central government approved the new telecom policy on Wednesday. This new policy named the National Digital Communication Policy (NDCP) 2018. With this, the government is expected to attract investment of $ 100 billion in the sector by 2022 and create 40 lakh new jobs.
The policy emphasizes to provide 50 Mbps broadband connectivity to every citizen in five years. Telecom Minister Manoj Sinha said, “The Cabinet approved the National Digital Communication Policy today.”
Sinha said that there is rapid progress in communication systems at the global level. This progress is particularly sharp in 5G, Internet of Things and Machine to Machine Communication. He said that the need to an application (driven by motivated) policy focused on consumers felt at the moment.
As per the policy draft, NDCP focuses on increasing the broadband penetration of fast speed, 5g and optical fiber in fair value of modern technology. Some objectives of NDCP 2018 include providing access to broadband to all, giving opportunities to 40 lakh new jobs and improving India’s ranking in the global ICT index to 50 places.
According to the news agency PTI, Sinha said, “We hope that the share of telecom sector will increase to 8 percent in GDP, which is now 6 percent. We are expecting $ 100 billion investment in the region. ” He said that our thinking is of a countrywide, flexible, safe and fair communication structure.
In this, the provisions of ‘Highest Value of Spectrum’ included to ensure continuous and under-priced access to digital communication.