Telecom regulator (TRAI) has recommended the auction of about 8,644 MHz of frequencies across eight signal bands, including in 700 Mhz, 800 Mhz, 3.3-3.4 gigahertz (Ghz), 3.4-3.6 Ghz etc, at an estimated base price of Rs 4.9 lakh crore.
Telecom operators need to be financially sound to build up infrastructure and there is a need to review the auction architecture as they cannot pay high prices for spectrum, a senior Niti Aayog official said.
Niti Aayog Special Secretary Yaduvendra Mathur said that whole auction architecture should be relook, not only in the spectrum but also in mining and other areas.
He said the government wants access to real-time data in decision making, which can be done by installing IoT (Internet of Things) devices supported by public Wi-Fi. Telecom players should set up public Wi-Fi, but for that, they also need to be financially healthy. The government is working on next round of spectrum auction that will comprise radiowaves for 5G services as well.
TRAI has recommended the auction of about 8,644 MHz of frequencies across eight signal bands, including in 700 Mhz, 800 Mhz, 3.3-3.4 gigahertz (Ghz), 3.4-3.6 Ghz etc, at an estimated base price of Rs 4.9 lakh crore.
According to the study, IoT and AI-based applications can have a transformational impact with regards to rural job creation and at a conservative estimate, will create over 2.8 million jobs in rural India over a period of 8-10 years with an annual value of Rs 60,000 crore.
Approx 2.1 million jobs will be created for the agriculture sector and another 0.7 million for the rural healthcare sector. These jobs will be created over next 8-10 years and the pace and quantity of job creation are likely to further increase post-2021-22 once 5G technology is implemented.