NEW DELHI: The draught telecom bill would be finalised within the following six to ten months, said Union Telecom Minister Ashwini Vaishnaw on Friday.

A day after the draught bill was put up for public comment, Vaishnaw stated that the Center is not in a rush to bring it. He added that the final draught would be created based on consultations and would be submitted to the Parliamentary panel. The entire procedure will take six to ten months, the Minister said, and it will then go to Parliament.

Comments on the telecom  bill have been sought till October 20.

The bill aims to replace the outdated Telegraph Wires (Unlawful Possession) Act of 1950, the Indian Wireless Telegraphy Act of 1933, and the Indian Telegraph Act of 1885. The draught bill includes a clause that calls for keeping the old laws in force until the new ones take effect in order to guarantee a smooth transition.

Building a solid digital infrastructure, developing a digital regulatory framework, as well as promoting social inclusion and the societal demands associated with it, are the three main areas of fintech for the government,  the minister said, adding that telecom is the basic core of Digital India when discussing his opinions on the legal framework for the internet.

Vaishnaw earlier said, "Prime Minister Narendra Modi has given us a clear mandate to revamp our digital regulatory structure so that it is internationally standardised and supports global competitiveness.

While a project on common mobility was started, he said, "the way technology has evolved over the last 5-10 years, I think instead of a card, probably the mobile phone itself will become the common integrating factor" when discussing the integration of payment systems across the transportation sectors.

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