New Telecom Policy Aims at 4 Million Jobs in 5G, AI, Robotics & IoT

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    In a new draft on telecom policy released by the Department of Telecom (DoT), a roadmap has been planned to include future technologies like artificial intelligence (AI), 5G, Internet of Things (IoT) and cloud computing.

    New Telecom Policy Aims at 4 Million Jobs in 5G, AI, Robotics & IoT

    The National Digital Communications Policy, 2018, also plans to create 4 million jobs and bring $100 billion foreign investment by 2022. It seeks to increase the telecom industry's contribution to GDP from the existing 6 percent to 8 percent. The government also aims to push India among the Top 50 in ICT (information and communication technologies) development index from 134 (in 2017).

    Also Read: You Will Soon Surf Internet and Make Calls In-Flight

    The telecom department with its new telecom policy will bring reforms to ensure transparency, accountability and relevance in the regulatory structure and processes. It also wants to reduce any regulatory burden that could potentially hamper investment opportunities, consumer interests or innovation.

    DoT also plans on reviewing the levies on digital communication like including Universal Service Obligation Fund (USOF) levy and license fee. It will also review costs of regulation and administration of spectrum and rationalize taxes.

    The government also wants to focus on fiber connectivity to develop infrastructure that will be needed for broadband connectivity across all states.

    The Connect India programme has set the mission of providing universal broadband coverage at 50 Mbps to all citizens by 2022. 1 Gbps connectivity will be provided to all gram panchayats of India by 2020 and 10 Gbps by 2022. It was also enable fixed line broadband access to 50% of households.

    The new telecom policy also aims to deploy public Wi-Fi hotspots that will reach 5 million by 2020 and 10 million by 2022. It also ensures connectivity to all uncovered areas.

    Read more about: 5g iot dot telecom industry
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more