The Global Technology Summit—Carnegie India’s annual flagship event, co-hosted with the Ministry of External Affairs, Government of India—brought together industry experts, policymakers, scientists, and other stakeholders from all over the world to deliberate on the changing nature of technology and geopolitics.
It is being held in the Capital, November 29-December 1, 2022.
Among the other speakers, Sunil Mittal, Chairman, Bharti Enterprises said, “The telecom sector is still a heavily taxed sector, and that is where the government needs to focus on. If it is indeed the fundamental platform for India to deliver to its masses — all the goodies that government needs to give to society — I think we need to be better taken care of.
Sometimes you feel you are on a treadmill, you just keep on running; I mean there is really no pause. You move from one technology to the other…by the time we rolled out 3G, it was obsolete, and we had quickly move to 4G and as we have put out billions of dollars in 4G, including the spectrum; we have 5G upon us…and, we all know that the talks of 6G has started now…there is really no respite here.
All I wish is that the government keeps looking at this structure, infrastructure in a more benign way and one area I keep on raising my voice is that it is still a heavily taxed sector.
India can now use its soft power as it is much stronger and many countries in the world are wanting to get the same technology at a cheaper rate.
India has its oil now, the new-found oil which is our digital stack, which is our new-found enthusiasm of young entrepreneurs, the start-up culture, the massive amount of work which is done on digital identity, the JAM (Jan Dhan, Aadhaar and Mobile) trinity that the Prime Minister has titled it, is a very powerful tool.
You are in a democratic setup and the government is following the norms of inviting comments, they are deliberating upon it and you are already seeing shifts.
We should be very positive in looking toward the future because India is committed to a digital framework that enables the society to thrive.”
For complete video, https://www.youtube.com/watch?v=1lapAiQHYQE