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5G rollout to boost 'Digital India' but journey is far from complete: Economic Survey
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IANS | 31 Jan, 2023
The rollout of 5G services can unleash new economic opportunities and
help the country leapfrog the traditional barriers to development, spur
innovations by startups and business enterprises, and advance the
'Digital India' vision, the Economic Survey for 2022-23 said on Tuesday.
Tabled in the Parliament by Finance Minister Nirmala
Sitharaman, the Survey said that 5G could impact consumers directly
through higher data transfer speeds and lower latency, "and use cases
developed by telcos and start-ups in education, health, worker safety
and smart agriculture, among others, are now being deployed across the
country".
"The massive wave of digitisation, increased
penetration of smartphones, and adoption of technology have opened the
doors for both traditional and new-age sectors," it said.
Currently, telcos like Reliance Jio and Airtel are fast rolling out 5G services across the country.
Reliance
Jio on Tuesday announced the launch of its True 5G services across 34
additional cities. With this, Jio users across 225 cities are now
enjoying Jio True 5G services.
However, according to the Economic
Survey, the journey is far from complete, and a lot remains to be
accomplished to realise its true potential.
"As a major reform
measure, the Indian Telegraph Right of Way (Amendment) Rules, 2022, will
facilitate faster and easier deployment of telegraph infrastructure to
enable speedy 5G rollout. The government has brought in procedural
reforms in Wireless Licensing, including delicensing of various
frequency bands to promote innovation, manufacturing and export," it
read.
The National Frequency Allocation Plan 2022 (NFAP) provides
a broad regulatory framework, identifying which frequency bands are
available for cellular mobile services, Wi-fi, sound and television
broadcasting, radio navigation for aircraft and ships, and other
wireless communications.
"NFAP will give guidance to the users of
the spectrum to plan their networks in accordance with the relevant
frequency and parameters provided therein. Given that spectrum is a
scarce resource, NFAP is useful in aligning spectrum usage with demands
from emerging technologies in an efficient manner," the Survey noted.
India
currently has around 35 per cent of its towers fiberised for 5G and the
backhaul infrastructure will cost a whopping Rs 3 lakh crore over the
next 4-5 years, according to rating agency ICRA.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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