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EY & FICCI calls for regulatory aid to create Digital India'

EY and FICCI have put forward policy recommendations to the Government aimed at providing an impetus to the Indian telecoms sector, thus driving the coveted “Digital India” agenda. The EY-FICCI report, titled “Speeding ahead on the telecom and digital economy highway”, was released at the “Digital Bharat 2015” event by Shri Ravi Shankar Prasad, Hon’ble Minister of Communications & Information Technology, Government of India in the presence of eminent industry personnel.

Commenting on the current scenario, Prashant Singhal, Global Telecommunications Leader, EY, said, “Digital Bharat is the only growth engine which will have the potential to transform India into a knowledge led economy and society. It is thus imperative for us to overcome the current challenges and bridge the digital divide which would also act as a catalyst to the economic growth. Moreover, information and communications technology (ICT) is at the bedrock of harnessing India’s young 

population and harvesting it to make India a lead economy. INR 1 lakh crore program will bring the power of ICT in the hands of the aam aadmi. It will enable India to gain leadership in adoption and manufacturing of IT products and services and empower citizens with digital inclusion and job opportunities. This is what we truly see as ‘Sabka saath, sabka vikas’. Moreover, telecom should be considered a critical infrastructure sector and its financing needs should be addressed accordingly.”

Virat Bhatia, Chairman Communications and Digital Economy Committee, FICCI said, “The digital revolution now stands at the cusp of a transformation, with the government having laid out its vision of a digitally enabled India over the last one year. The success of both “Digital India” and “Make in India”, will ride on the back of strong telecom ecosystem, digital infrastructure and industry’s link in the value chain. Some important issues on policy and regulatory front will need continued attention. The Report outlines a roadmap of the resurgence of the telecom sector accompanied specific and actionable recommendations.”

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