After the much-awaited draft of the new telecom policy, or as it was renamed national digital communication policy was released earlier this week, the telecom industry seems to have a positive response to it. Two large industry bodies, Cellular Operator Association of India (COAI) and Internet and Mobile Association of India (IAMAI) have issued statements responding to the new policy. While the IAMAI called it ambitious and socially relevant, COAI said the policy was comprehensive and set clear strategic goals. The new policy has laid out provisions for lowering industry cost in form of spectrum charges, rationalisation of tax on services, equipment and infrastructure and for simplifying the procedure of licensing. Other specific additions to the policy promote the ease of doing business. In response to the draft document, COAI said in a statement yesterday that the new policy will pave the way for the development of telecom and digital services in the country. It will also help create 40 lakh new jobs, which in turn will improve the skill set among the people employed in the telecom sector, COAI added. “To propel the development of the country with the use of next-generation technology through investment, the policy proposes attract investments of US $100 billion in the digital communications sector by 2022 with the help of regulatory reforms,” COAI further said. Some of the other goals set by the draft policy include increasing the contribution of digital communications sector in India’s GDP from 6% currently to 8% by 2022. According…
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