The Department of Telecommunications (DoT) has unveiled the broad framework of the New Telecom Policy, which will aim to attract investments to the tune of $100 billion by 2020 in the digital communications sector. The policy aims to create 4 million additional jobs and enhance the sector’s contribution to 8 per cent of GDP from about 6 per cent in 2017, while adhering to the principles of net neutrality. It aims to propel India’s rank in the ICT development index to the top 50, from 134 in 2017. The government plans to price spectrum optimally, and review levies such as licence fees and spectrum usage charges as well as merger and acquisition rules to ease exits. The government is also focusing on spectrum sharing, leasing and trading guidelines.
