Date: February 02, 2022
Union Budget 2022-23 to boost Digital India, economy & create job opportunities
Union Budget 2022-23 to boost Digital India, economy & create job opportunities, say industry, analysts
“The proposal for taking progressive decisions in encouraging affordable broadband and mobile services through facilitating PLI scheme for 5G equipment, laying optical fiber cables through PPP model under BharatNet project are welcome steps,” said SP Kochhar, Director-General of Cellular Operators Association of India (COAI), an industry body representing telecom companies Jio, Airtel, and Vodafone Idea.
The auction of 5G spectrum in 2022 followed by commercial rollout of fifth-generation mobile services in 2023 coupled with fiberization of all villages by 2025 will propel the usage of telecom services, benefit various sectors, enable job opportunities, and will be integral to realizing of $1 trillion digital economy, telcos and industry experts said on Tuesday after the announcement of Union Budget 2022-23.
“The proposal for taking progressive decisions in encouraging affordable broadband and mobile services through facilitating PLI scheme for 5G equipment, laying optical fiber cables through PPP model under BharatNet project are welcome steps,” said SP Kochhar, Director-General of Cellular Operators Association of India (COAI), an industry body representing telecom companies Jio, Airtel, and Vodafone Idea.
“We are a bit disappointed that our long standing demands remain unaddressed. We look forward to continued and constructive engagement with the Government for reduction of levies on the telecom sector,” Kochhar added.