Reforms in the telecom sector are also going to boost the spread of 4G. According to the Economic Survey 2021-22, the improvement in the telecom sector is going to grow liquidity and will also create a conducive environment for investment in 5G networks. The telecom sector has also done a great job during the challenges of coronavirus. During this time, due to online education work from home, a huge increase in data consumption has also been recorded. Improvement in the telecom sector is going to boost broadband and telecom connectivity.
Helped to keep the price under control: The Economic Survey has said that several measures have also been taken to expand the infrastructure of the telecom sector. At the same time, work is also being done to keep prices under control through a regulatory framework in the telecom sector. The government is trying to provide a competitive market to the users of the telecom sector. According to the survey, the telecom sector affects the social and economic development of a country the most. The Indian telecom sector is also the world's second-largest telecommunications market.
Increase in data consumption: Strengthening and improving the infrastructure of the telecom sector is also affecting many important sectors of the country. Due to this, the number of total telephone users has increased, the number of internet and broadband users is going to increase. In the last many years, data prices have come down due to competition in telecom in India after reducing the cost of data due to strong competition in the telecom sector. At the same time, an increase in data consumption has also been recorded during this period.
Realizing the dream of Digital India: Talking about the data, the data expenditure per gigabyte per person per month has increased to 14.1 GB per month in the financial year 2022 in India. Which used to be 1.24 GB every month in FY 2018. With this, the number of mobile towers has increased to 6.93 lakh in the financial year 2022. In such a situation, there is a lot of business scope in the telecom sector. The telecom sector proves to be important for the Digital India campaign of the Indian government. Under the BharatNet project, 5.46 lakh km of optical fibre cable is going to be laid. According to this optical fibre will be laid up to a total of 1.73 lakh gram panchayats and up to 1.59 lakh gram panchayats will get the facility ready on OFC.
Budget 2022: Farmers, youth, from 5G to spending in the defense sector...
