India Reforms Telecom Sector: 100% automatic FDI, AGR rationalised & More | Cabinet Briefing

Union Minister of Railways, Communications and Electronics & Information Technology of India Ashwini Vaishnaw on Wednesday announced major structural and process reforms in the telecom industry to deepen and broaden the sector. During the press conference to elaborate on the…

India Reforms Telecom Sector: 100% automatic FDI, AGR rationalised & More | Cabinet Briefing

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Union Minister of Railways, Communications and Electronics & Information Technology of India Ashwini Vaishnaw on Wednesday announced major structural and process reforms in the telecom industry to deepen and broaden the sector. During the press conference to elaborate on the reforms, Ashwini Vaishnaw said that the upcoming 4G and 5G technology will be designed and manufactured indigenously in the country, and that BSNL and other networks in the country would be equipped with the new technology.

Moreover, the technology will be at par with global standards and not only will it be used in India but also be exported to other countries, thus working on the vision of making India a global player in the technology pertaining to the telecom sector. The decisions on the reforms were taken after the Central Cabinet meeting that was chaired by Prime Minister Narendra Modi.

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