Indian government approves 74 per cent FDI in telecom

Indian government approves 74 per cent FDI in telecom

The Indian government has now approved an increase in the foreign direct investment in telecom from 49 per cent to 74 per cent.

For this the cabinet had to make amendments in the Press Note 5 of 2005 that imposed stiff monitoring needs for telecom service providers.

Indian information and broadcasting minister P R Dasmunsi added in a statement that with this remote access to networks in India will be permitted from approved locations. However this facility would only be provided to equipment suppliers, manufacturers and affiliates.

The Department of Telecom on its part has said that they want to setup a centralized lawful interception and monitoring system-through which service providers can be monitored from a centralized location.