Why is it in the news ?
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The Union Cabinet approved the new telecom policy, named as the National Digital Communications Policy (NDCP) 2018.
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The new policy aims to attract $100 billion investment and create 40 lakh jobs in the sector by 2022.
More in the news
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The new policy has been made to address emerging technology areas like 5G, Internet of Things and machine to machine communication.
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Policy aims to boost sectoral contribution to 8% of GDP from 6% in 2017, besides backing the principles of net neutrality.
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The policy also envisages 50 Mbps of broadband connectivity to every citizen in five years.
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The telecom department’s (DoT) Telecom Commission will from now be called Digital Communication Commission.
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The Telecom Regulatory Authority of India will be called Digital Communications Regulatory Authority of India.
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Under the new policy, the government plans to optimally price spectrum, review levies such as licence fees.
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The new policy aims to expand the IoT ecosystem to 5 billion connected devices.
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It aims to secure India’s communications infrastructure and establish a comprehensive data protection regime that safeguards privacy, autonomy and choice of individuals.
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It also calls for establishment of a National Digital Grid by creating a National Fibre Authority.
Source
Indian Express.