The new telecom measure, according to Telecom Minister Ashwini Vaishnaw, would provide a clear roadmap for industry restructuring and encourage innovation.
While speaking at a public affairs forum of India event, the minister said in the next one-and-a-half years to two years, the government should be able to completely revamp the entire digital regulatory framework that aims to balance the society goals, duties and rights of individuals, and the technology agnostic framework.
"Industry goes through a variety of stages. Sometimes because of business constraints, technological changes, and other factors. There is a need for restructuring. How do you put that in the legislation so that the industry gets a very clear roadmap? These are the things that must be taken care of, according to Vaishnaw.
He said that the digital world needs a broad set of legislation, and that the Prime Minister has given the telecom ministry the assurance that India''s digital legal framework should be globally benchmarked.
"That doesn''t mean that we simply go around and copy what is best in the world. That means that we must strive for a digital legal framework, which the world should come and study. "That''s an extremely big goal, but it''s possible," Vaishnaw said. Businesses like WhatsApp, Zoom, and Google Duo, who provide calling and messaging services may require licenses to operate in the country.
The telecommunications service has included OTT. The government in the proposed legislation has proposed a bill allowing them to waive fees and penalties for telecom and internet service providers.
In the event of a telecom or internet provider surrendering his license, the ministry has also proposed a fee refund.
Vaishnaw predicted that the next 25 years would be a start-up for inclusive growth and investment, which would be the main focus for growth, including manufacturing, innovation, and review of regulations.