Although it started with telegrams, the major segments of communications in India today include telephone, internet and television broadcasts. The sector is growing at a very fast rate – almost at twenty times in ten years with one of the lowest tariff rates in the world.
Liberalisation in 1990s
The Indian telecommunication market has undergone a high degree of liberalisation since 1990. As a result of the intense competition it has been forced to face, there has been frequent price cuts and fast growth. It was in 1994 that the Narasimha Rao-led government introduced the policy of ‘Telecommunication for All’, with the objective of reaching out to the villages.
The telecommunications industry, which originated with a base in urban India, soon spread to rural regions, making mobile phones and televisions accessible across the world. As a result, there has been a significant bridging of the rural-urban divide in terms of digital access.
This story is from the September 1-15, 2019 edition of BUSINESS ECONOMICS.
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This story is from the September 1-15, 2019 edition of BUSINESS ECONOMICS.
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