Unit- three
Yüklə 179,75 Kb.
|
UNIT-III
UNIT- THREE Special Aspects of Legal Regulation of some public enterprises Telecom Regulatory Authority, Insurance Regulatory Authority And Broadcasting Regulating Authority Introduction The new economic policy adopted by the Government aims at improving India's competitiveness in the global market and rapid growth of exports. Another element of the new economic policy is attracting foreign direct investment and stimulating domestic investment. Telecommunication services of world class quality are necessary for the success of this policy. It is, therefore, necessary to give the highest priority to the development of telecom services in the country. Objectives The objectives of the New Telecom Policy will be as follows : 1. The focus of the Telecom Policy shall be telecommunication for all and telecommunication within the reach of all. This means ensuring the availability of telephone on demand as early as possible. Another objective will be to achieve universal service covering all villages as early as possible. What is meant by the expression universal service is the provision of access to all people for certain basic telecom services at affordable and reasonable prices. The quality of telecom services should be of world standard. Removal of consumer complaints, dispute resolution and public interface will receive special attention. The objective will also be to provide widest permissible range of services to meet the customer's demand at reasonable prices Telecom Regulatory Authority of India (TRAI) India is the fifth largest telecom services market in the world; $17.8 billion revenues in FY 2005 Industry grew by about 36% in FY 2005 over FY 2004. 119 million subscribers - 48 million fixed lines and 71 million wireless - November 2005 Telecom market has grown at about 25% p.a. over the last 5 years Wireless segment subscriber base grew at 85% p.a.; fixed line segment at about 10% p.a. STRUCTUREThe Indian telecom market has both public and private sector companies participating: Public sector has over 60% market share, down from over 90% in 2000 Private companies have added subscribers at a CAGR of 192% since 2000
Value added service features constitute 10% of revenue today (2% in 2001) POLICY74% to 100% FDI permitted for various telecom services FIPB approval required for foreign investment exceeding 49% in all telecom services 100% FDI permitted in telecom equipment manufacturing. India has a telecom policy that aims to encourage private and foreign investment. Highlights are: An independent regulator – the Telecom Regulatory Authority of India (TRAI) Revenue-share model for licences issued by the Government for telecom services in India. Unified access licences are available for providing telecom services on a pan-India basis Planned opening up of National Long Distance (NLD), International Long Distance (ILD) and other value added services. Major players and presence in value chain
India expected to be among the fastest growing telecom markets in the world Projected growth of 30-40% p.a. to reach 250 million subscribers by 2009-2010 Over 3 million new users are added every month – mostly in wireless Yüklə 179,75 Kb. Dostları ilə paylaş:
| ||||||||||||||||||||||||||||||||||||||||||||||||
