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Cabinet approves new telecom policy

The policy aims to attract USD 100 billion in investments, 40 lakh jobs

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MUMBAI: New telecom policy branded as the National Digital Communications Policy (http://www.indiantelevision.com/iworld/telecom/new-telecom-policy-may-go...) (NDCP) 2018 finally got an approval from the cabinet. The new policy aims to attract USD 100 billion in investment and create 40 lakh jobs in the sector by 2022, PTI reported.

Providing broadband access to all, creating 40 lakh new jobs, and increasing India's ranking in the global ICT Index to 50th spot- these are some of the key objectives of NDCP 2018.

"We also expect GDP contribution of the telecom sector, which has been around six per cent, to grow to 8 per cent... and expect USD 100 billion investment to come in," communication minister Manoj Sinha said.

As communication systems have been going through rapid change globally in areas like 5G, Internet of Things and Machine to Machine Communication, Sinha said a "consumer-centric and application-driven policy" was needed to be brought in.

The new policy(http://www.indiantelevision.com/iworld/telecom/comment-indias-ntp-2018-g...) is focused on increasing high-speed broadband penetration, with use of modern technologies like 5G and optical fibres across the country at affordable rates.

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