Exclusive: Interaction with COAI DG on the upcoming Union Budget

By: Gizbot Video Team
Published : February 12, 2018, 04:40

As we all know that the Government is all set to introduce Union Budget for 2018-19 on Thursday, the Cellular Operators Association of India (COAI) representing the telecom sector has made some recommendations for improving the financial health of the sector. In an interview with GizBot, COAI Director, General Rajan Mathews revealed some of the major submissions.
"There are five to six critical element that we wanted to bring before the Government, firstly we wanted them to reduce the license fee as well as the spectrum usage charge because both of these caused significant erosion in the financial health of the industry," he said.
He further adds, "we have asked for reducing the duties on 4G LTE equipment, third one is to set up dedicated financial institution that will give specialised loans to the industry for long time projects, fourthly we are hoping GST rate should bring down to 5 percent and we also talked about the duties that have been imposed on imported component for optical fibre."

Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
Subscribe to Gizbot YouTube Channel for latest- exclusive Gadget videos
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more