Draft Telecom Bill Includes Writeoffs, Provisions To Protect Users
India proposes to add provisions on writeoffs, conversion of pending dues into shares, and fines for pesky calls in the new telecom legislation aimed at providing "a legal framework attuned to the realities of the 21st century", according to a draft.
The Department of Telecommunications released the draft of the Indian Telecommunications Bill, 2022 on Wednesday. If passed, the proposed law will replace the existing regulatory framework for the sector under the Indian Telegraph Act,1885; the Wireless Telegraphy Act,1933 and the Telegraph Wires (Unlawful Possession) Act.
Key Highlights Of The Bill
The draft includes 53 sections divided into 12 chapters, with proposed changes related to licensing processes; restructuring and insolvency; protection of users, among others.
The draft proposes to allow the central government to address defaults in payments by a licensee by:
Deferment of payments fully or partly.
Convert the full or partial amount of dues into shares in the licensee.
Write off the amounts in part of full or grant relief from payment of such amounts.
Relief can only be granted if the central government determines the existence of extraordinary circumstances for taking such measures.
The draft bill proposes only registration, and not a licence, to provide telecommunication infrastructure such as towers, lines and cable corridors.
The draft also contains provisions to prevent harassment of users; fines for violation of the 'Do Not Disturb' or for not taking prior consent before sending specified messages.
The central government had issued the consultation paper for the proposed legislation in July. The draft invites suggestions by Oct. 20.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.