Insta
FDI In Telecom Has Risen To Over $10 Billion In Eight Months Of 2016-17
Swarajya Staff
Nov 30, 2016, 06:20 PM | Updated 06:20 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
The Indian telecom sector has received foreign direct investment (FDI) of $10 billion in the first eight months of the current fiscal, Telecom Secretary J S Deepak said while addressing the twelfth National Summit e-Governance and Digital India organised by Assocham on Wednesday (30 November).
"The telecom sector reforms have got a resounding acknowledgement. The FDI which was $1.3 billion in 2014-15, $2.9 billion in 2015-16 has jumped up to more than $10 billion in the first eight months of 2016-17," Deepak said.
Deepak also said 97 per cent of the population in India is on 2G and 68 per cent on 3G telephony.
With inputs from IANS
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.