• Tuesday, April 23, 2024

Business

India Aims to Attract £75.97 Billion Investment With New Telecom Policy

The policy aims to provide universal broadband connectivity at 50Mbps to every citizen, provide 1 Gbps connectivity to all Gram Panchayats of the country by 2020 and 10 Gbps by 2022. (Photo credit should read RAVEENDRAN/AFP/Getty Images).

By: Radhakrishna N S

India’s union cabinet has approved the National Digital Communications Policy-2018 (NDCP-2018) and re-designation of the Telecom Commission as the ‘Digital Communications Commission’ on Wednesday (26). With the new policy, the government aims to attract investment worth £75.97 billion, train one million manpower for new age skill, and expand the IoT ecosystem to five billion connected devices in the telecom sector. The NDCP-2018 envisions supporting India’s transition to a digitally empowered economy and society by fulfilling the information and communication needs of citizens and enterprises by the establishment of a ubiquitous, resilient and affordable digital communications infrastructure and services, the Indian government said. The key objectives…

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