News Update

Income Tax seizes cash to tune of Rs 11 Crore from NSE brokerAustralians support same-sex marriage in national surveyDigital economy to the fore again (See 'TII EDIT')Renewable Energy - Challenge is research in storage technologyICAO Audit finds safety system in placeI-T - Interest received towards late payment following award passed by District Court is taxable income: HCPM reviews performance of key infra projectsCX – Blinds are in nature of curtains and cannot be said to become immovable properties when they are mounted on wall: CESTATGST Administration facing acute manpower shortage at Group 'A' level; About 1900 posts remain vacant against over 5800 posts in CBECJD(U) election symbol - EC verdict out; Nitish faction defeats Sharad Yadav splinter groupSEBI bans Swarnabhumi Agritech India & its Directors for four yearsGST - MRP - additional stickers allowed upto Dec 31, 2017CBDT invites comments of stakeholders for conversion of Indian branches of foreign banks to Indian subsidiary companyMoody's upgrade India's credit rating to Baa2CBDT issues transfer order of 7 DC/ACITsBudget 2018 - MoF invites suggestions from Industry and TradeCommerce Minister to participate in Shanghai Cooperation Organization meetingGST - CBEC clarifies on refund of unutilised ITC of GST paid on inputs by fabric exportersCBDT issues transfer order of 8 Addl / JCITsGST - FICCI steps up demand for inclusion of natural gasRevenue Secretary welcomes Moody’s upgraded rating; GST gets full creditGST receipts - Agency commission to banks - Mumbai office of RBI to settle all claimsTaxability of High Sea Sales under Customs & GST - A detailed analysisSiliguri DRI seizes over 7 kg gold worth Rs 2.3 Crore smuggled from Bhutan & MyanmarCabinet sanctions posts of Chairman & Members of National Anti-Profiteering AuthorityUnion Cabinet extends aid to strengthen infra for judiciaryCBEC notifies new Customs exchange rates effective from November 17, 2017
 
Need to revise Telecom Policy - Govt now gearing up for 5G: Minister

By TIOL News Service

NEW DELHI, JULY 15, 2017: THE Telecom Minister, Mr Manoj Sinha, has said that data is going to drive industry more and more rather than voice and therefore, the Ministry has initiated a move to relook at the current Telecom Policy through public consultation, as the need of the hour is to ramp up for the Digital era. Speaking at the 10th Anniversary Celebrations of IPTV Society here, he said that whether it is broadband spectrum, Internet adoption/availability, data protection, or cyber security, what was applicable five years back is no more relevant in today’s context, and new policies will need to be futuristic. They will also need to be capable of dealing with India’s challenges and figuring out ways to deal with those challenges. 

The Minister said, while the buzz today is 4G, the Govt is already gearing ourselves for introduction of 5G. "We need to think of and prepare for an ecosystem where Internet of Things (IoT) and Artificial Intelligence (AI) are mainstream, and connectivity is seamless, designed to improve the quality of e-governance and education, as well as to enable financial inclusion, smart cities, and an intelligent transportation system amongst other things," he added.

The Minister quoting experts said that India, along with North America, will lead the way in numbers of 5G subscriptions by 2022, and that 5G will speed up the digital transformation in a number of industries, enabling new use cases in areas such as IoT, automation, transport and big data.

Mr Sinha said that Broadband is of vital importance to India, as indeed to all customers globally, to ensure digital connectivity as this is the stepping stone to higher productivity as is proven in many a developed economy. It enhances commerce, improves banking facilities, improves administrative facilities and empowers the public as a whole. Broadband development is the cornerstone of Digital India and every Indian and remotest location will be empowered through the Digital India initiative. 

He welcomed Broadband India Forum for bringing out credible Research documents from time to time in the form of white-papers and reports, independently or in combination with reputed research agencies on relevant issues which are of value to all stakeholders and for the future of broadband in India. 

The Minister also released a paper by Broadband India Forum and ICRIER which he described is of economic significance for the digital economy concerning ICT Applications.


POST YOUR COMMENTS