Current Affairs Exam

Cabinet Approved FDI Under Telecom Sector

The Cabinet, chaired by Prime Minister Narendra Modi has authorised a range of structural and process reforms in the Telecom sector, to furnish relief to ill telecom service providers, struggling with high ranges of debt. A complete of 9 structural and 5 technique reforms have been accepted by the .

The comfort bundle is predicted to guard and generate EMPLOYMENT opportunities, promote wholesome competition, shield the interests of consumers, infuse liquidity, inspire Investment and minimize the regulatory burden on TSPs (Telecom Service Providers).

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