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High levies on telecom contradict PM’s Digital India vision: Sunil Mittal
New Delhi, Oct 25 (IANS) The high rate of GST and spectrum prices in the telecom sector go against Prime Minister Narendra Modi’s vision of a digitally-empowered India, Bharti Airtel Chairman Sunil Bharti Mittal said here on Thursday.
Telecom is also among the most-taxed sectors globally, he said, addressing the inaugural session of the India Mobile Congress 2018.
“I cannot see how this contradiction can stay in place, when on one hand we have our Prime Minister’s vision of a digitally empowered India, and on the other we keep our spectrum prices, license fees very high, and of course the GST is also at 18 per cent which is almost at the highest tax bracket,” the Airtel Chairman said.
“For mobile operators in India, out of every Rs 100 earned, nearly Rs 37 go towards one form of levy or the other.”
Mittal, however, also said that the recently released National Digital Communications Policy focuses on the concerns of the industry, which would help in rationalising the tax and other charges along with easing the merger process.
Talking of the consolidation in the segment in India and worldwide, Mittal said: “The world is moving towards two, three operators in every country and I am delighted that India now has come to a point where we have one state operator and three private mobile operators serving over 1.2 billion people.”
He noted that the consolidation in the country’s telecom industry did not take place in an “orderly fashion other than the Vodafone-Idea merger and many operators had to go through significant pain”.
“A lot of job losses have happened, over 50 billion dollars have been written off but we have finally come to a point where we are in a right industry structure,” he said.
The inaugural session of the second edition of IMC was attended by other industry players including Vodafone-Idea Chairman Kumar Mangalam Birla and Vivek Badrinath, Regional CEO for Africa Middle East Asia Pacific, Vodafone Group.
The conference was earlier inaugurated by the Communications Minister Manoj Sinha. IT Minister Ravishankar Prasad, Urban Affairs Minister Hardeep Singh Puri and Commerce Minister Suresh Prabhu also were present on the occasion.
–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.