Regulatory Structure Needs Overhaul To Allow Technology Development: Telecom Minister

Published:Nov 29, 202310:34
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Regulatory Structure Needs Overhaul To Allow Technology Development: Telecom Minister

Government plans to overtake regulatory sector to facilitate know-how growth

New Delhi: Government goals to overtake the regulatory construction to permit know-how growth and encourage interplay with business as a associate and never as adversaries, telecom minister Ashwini Vaishnaw mentioned on Sunday.Addressing the inaugural session of a TDSAT seminar, Mr Vaishnaw mentioned that the system entangled everyone and a few individuals who didn't have sufficiently sturdy values created a large number which defamed the telecom market previously."Can we have one regulator for the entire digital world? Those kinds of things are happening. We need to really overhaul our entire regulatory set-up in terms of the legal structure, regulatory execution structure, the way our government bodies think, people are trained, the way we interact with the industry - not as adversaries but as partners. That's the next big thing that we have to do," Mr Vaishnaw mentioned.The telecom minister additional mentioned that not a lot has been finished as of now however have to work in a route to proceed the event of the know-how stack and including increasingly more start-ups to it as a result of this can be a market which might create future generations of entrepreneurs."We were lagging when it was 2G and 3G. We are trying to catch up with 4G. We should at least run together in 5G but in 6G we should take the lead. Otherwise what's the point of being a nation which is today called a talent nation. A talented nation should be thinking in that way where it takes the lead, sets the goal and sets the direction for the whole world," the minister exhorted.He mentioned {that a} consortium of 11 establishments together with IIT Chennai, IIT Kanpur, IIT Bombay, IISc Bangalore has created 4G know-how in 14 months with expenditure of about $30 million which is a really small fraction of the associated fee at which dominant gamers within the telecom sector have created the know-how.The minister mentioned that 35 Indian telecom corporations are actually trying to export their merchandise abroad. He talked about that the majority vital research teams for future growth of 5G and 6G below the International Telecommunications Union are actually being chaired by Indian delegates.

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