Union Government has undertaken several measures to strengthen telecom sector leading to significant growth in its digital infrastructure over the years

India, Dec. 3 -- The Government of India has issued a release:

The Government has undertaken several measures to strengthen the telecom sector in the country which has led to the growth of telecom sector. These measures include Rationalization of Adjusted Gross Revenue; Rationalization of Bank Guarantees (BGs); Rationalization of interest rates and removal of penalties; Dispensing with the requirement of BGs (for auctions held after 15.09.2021) to secure instalment payments; Permission for surrender of spectrum after 10 years (in future auctions); Dispensing with the requirement of Spectrum Usage Charge (SUC) for spectrum acquired in spectrum auctions held after 15.09.2021; Removal of additional SUC of 0.5% for spectrum sharing; Permission...