<p style="line-height: 115%;">Further to our last update on releasing New Telecom Policy in India, recently communication minister Manoj Sinha has stated that the same will be released by late next month. He stated the same on Tuesday with expressing his expectation to the cabinet to approve the new policy soon. He further added that telecom sector has been a great hit for the nation and thus need this policy. He also mentioned that this new policy has been made with an intention to target $100 billion investment by <g data-gr-id="44">July,</g> 2022. <o:p></o:p>

<p style="line-height: 115%;">The new policy has the various attractive proposal included in it such as in-flight connectivity (IFC) services to allow voice calls and Internet surfing during flights. Mr. Sinha said that he expects this proposal to be active within a year. He also added that in 2015-16, telecom sector received a foreign investment of $1.3 billion, and in the year 2017-18, it has received the foreign direct investment of $6.1 billion.<o:p></o:p>

<p style="line-height: 115%;">Telecom sector has improved immensely in last four years. The rate of call drop and network congestion has been reduced as well. To take improvements further, Department of telecommunications (DoT) has started appointing an ombudsman in order to resolve subscriber grievances quickly. Although the telecom sector is under a huge debt of Rs 7.6 lakh crore steps are now taken to normalize the situation. <o:p></o:p>

<p style="line-height:115%">Mr. Sinha further added that “Consolidation is a global phenomenon and India too is part of this phenomenon,” in the answer of recent job losses in this sector. However, he made hope that with time, the industry will become healthier and will create more opportunities for employment in near future. <o:p></o:p>

<p style="line-height:115%">Finally, he added up that with the proposed National Digital Communications Policy 2018, the nation will attract $100 billion investment which will create around 40 lakh jobs by the year 2022.