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6 Things that Indian IT, Telcos Expect from New Government

By SiliconIndia  |   Tuesday, 03 June 2014, 05:49 Hrs
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NEW DELHI: The IT and telecom industry stakeholders are expecting policy stability, better technology enabled e-governance and technology adoption from the new Narendra Modi-led Bharatiya Janata Party government in the coming days.

"The most critical thing for the new government will be to bring the industry back on firm financial footings. The industry is under a debt pressure after the recent spectrum auctioning in February, there are a lot of penalty charges on many companies; the financial picture is not so good," Rajan S Mathews, director general, Cellular Operators' Association of India, told IANS.

"We are hopeful that the new government will aid us in helping maintain a long-term clear, stable, predictable, development-oriented and investor friendly policy regime, which recognizes the long term nature of the investments and long project maturity requirements of the telecom sector. The key areas of long-term policy focus are stable license terms and conditions, effective merger and acquisition, security, green telecom targets, taxation and roadmap for future technologies," he said.

Others feel the telecom sector in the recent past had gone through a bad phase due to second generation issue, cancellation of licences and tariff hikes and now with the new government there is a chance to inject fresh momentum into the sector.

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