Reply: As far as telecom sector is concerned, this is governed by SATCOM Policy which is as below:
"The SATCOM policy shall provide for users to avail of transponder capacity from both domestic/foreign satellites. However, the same has to be in consultation with the Department of Space."
The National Telecom Policy is in the process of consultation with various stakeholders. All relevant issues related to telecom sector in India would be looked into while formulating National Telecom Policy 2011.
The EU's original question 124: Could India confirm that these restrictions are in place and in conformity with its GATS commitments?
India's reply: Para 125 of the Secretariat Report clearly explains the cap of 10% in respect of cross holding among licensees in same service areas. It has no linkage with Indian or foreign equity.
