5G In India: The launch of 5G can give rise to new economic opportunities

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5G In India: With the introduction of 5G services in the country, new economic opportunities will open up and India will be helped in overcoming the old obstacles coming in the way of development. Apart from this, innovation in startups and businesses will also be encouraged. The Economic Review 2022-23 was presented in Parliament on Tuesday, in which it was said.

It said that large-scale digitisation, increasing penetration of smartphones and adoption of technology have created opportunities for both traditional and new-age sectors. It further said, the introduction of 5G services can open up new economic opportunities, help the country overcome barriers to development, enable startups and business enterprises to spur innovation, and accelerate the vision of Digital India. Can

The review noted a discrepancy between states in telecom penetration, with rural areas lagging behind urban areas in this regard. However, it was also said that the reach of this sector is increasing rapidly in rural areas as well.

Apart from this, it was said in the review that in terms of annual change in internet users, rural areas are ahead of urban areas. It said, the government has made several procedural reforms in wireless licensing, which will encourage innovation, manufacturing and exports.

According to the Economic Survey, telecom penetration is not uniform across states, with levels in rural areas being much lower than in urban areas, though growing rapidly in these areas. At the same time, the change in internet subscribers (in most states) on an annual basis is more in rural areas.

Between 2015 and 2021, the activities of taking internet service in rural areas increased by 200 percent while in urban areas it increased by 158 percent, which shows the government’s effort to bring urban and rural digital connectivity to the same level.

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