logo
Wi-Fi segment to be worth $22 bn by 2035 in India: Jyotiraditya Scindia

Wi-Fi segment to be worth $22 bn by 2035 in India: Jyotiraditya Scindia

Highlighting the recent de-licensing of the 6 GHz spectrum, the Minister said this move will enable multi-gigabit speeds and low-cost digital highways across India
ANI General News
Union Minister for Communications and Development of North Eastern Region, Jyotiraditya Scindia, in his keynote address at the World Wi-Fi Day Conference organised by the Broadband India Forum, stated that Wi-Fi will be a $22 billion segment in India by 2035, playing a transformative role in the nation's digital journey.
Describing Wi-Fi as "an invisible force capable of powering visible change," Scindia hailed India's rapid strides in digital inclusion, noting that India now contributes 46 per cent of global digital transactions. He emphasised that connectivity is no longer a luxury, but a fundamental tool of empowerment, akin to access to capital and infrastructure in previous eras.
"Wi-Fi is not just about internet access; it's about widespread inclusion in India in the future. Every hotspot must become a hope spot," said Scindia, outlining a vision for grassroots entrepreneurship driven by affordable devices, ubiquitous networks, and deregulated spectrum.
He underscored Prime Minister Modi's vision behind PM-WANI (Wi-Fi Access Network Interface) as a game-changer that democratises digital access, especially in villages. Citing the success of India's low-cost data model, Rs 9 per GB compared to the global average of $2.49, he praised India's leadership in telecom affordability.
Highlighting the recent de-licensing of the 6 GHz spectrum, the Minister said this move will enable multi-gigabit speeds and low-cost digital highways across India. Policy rules for the same will be announced before Independence Day 2025, he added.
Scindia also called on industry stakeholders to innovate for affordable devices, ensuring that hardware does not become the next barrier to connectivity.
"Connectivity is not a commodity; it is an act of nation-building," he concluded, urging collective commitment to light up every rural home, empower every aspiring mind, and fortify public services with the power of Wi-Fi.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

EPFO increases auto settlement limit for advance claims to ₹5 lakh
EPFO increases auto settlement limit for advance claims to ₹5 lakh

Business Standard

time23 minutes ago

  • Business Standard

EPFO increases auto settlement limit for advance claims to ₹5 lakh

The move allows EPFO's 75 million subscribers to withdraw advances for education, illness, marriage and housing without human intervention up to ₹5 lakh Shiva Rajora New Delhi The Employees' Provident Fund Organisation (EPFO) on Tuesday increased the auto-settlement limit for advance claims to Rs 5 lakh, up from the current Rs 1 lakh, labour minister Mansukh Mandaviya told reporters. The move will now allow nearly 75 million subscribers of the retirement fund body to withdraw funds through advance claims—for purposes such as education, illness, marriage and housing—without any human intervention from EPFO. 'The limit for auto settlement of EPFO claims has been increased to Rs 5 lakh. Such claims will be cleared within three days, similar to the existing process for auto claims. This growth highlights EPFO's strong focus on automation and delivering faster, more efficient services to its members,' Mandaviya said. The auto-claim settlement process—automatic processing of claims without human involvement—was first introduced in April 2020 during the Covid-19 pandemic for illness and hospital-related advances. Subsequently, the labour ministry expanded auto-claim settlement to include education, marriage and housing. In May 2024, EPFO increased the ceiling for auto-mode settlement of advance claims for these categories to Rs 1 lakh from Rs 50,000. 'This enhanced limit and faster access to funds will help family members receive timely financial support when they need it most. This step is part of EPFO's broader push to improve service delivery through technology,' the labour ministry said in a statement. In the financial year 2024–25, EPFO processed a record 23.4 million advance claims through auto settlement—a 161 per cent increase compared to 8.95 million claims in 2023–24, the minister said. Almost 59 per cent of all advance claims in 2024–25 were settled through auto mode, up from 31 per cent in 2023–24. In the first 2.5 months of the ongoing financial year 2025–26, EPFO has already auto-settled 7.6 million claims, accounting for 70 per cent of all advance claims processed so far.

RBI to conduct seven-day VRRR auction on Friday to mop up liquidity
RBI to conduct seven-day VRRR auction on Friday to mop up liquidity

Business Standard

time23 minutes ago

  • Business Standard

RBI to conduct seven-day VRRR auction on Friday to mop up liquidity

The average liquidity surplus in the system over the past two weeks-reflected by the daily absorption by the RBI-was around Rs 2.5 trillion New Delhi In view of the persisting liquidity surplus in the banking system, which has resulted in the weighted average call rate (WACR) trading below the policy repo rate, the Reserve Bank of India (RBI) has announced a 7-day variable rate reverse repo (VRRR) auction worth Rs 1 trillion on Friday to absorb excess liquidity. 'On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, June 27,' the central bank said in a statement. 'Further, on a review of evolving liquidity conditions, it has been

Tamil Nadu Minister slams Centre over Sanskrit bias, announces textbook revisions
Tamil Nadu Minister slams Centre over Sanskrit bias, announces textbook revisions

India Today

time25 minutes ago

  • India Today

Tamil Nadu Minister slams Centre over Sanskrit bias, announces textbook revisions

Tamil Nadu Education Minister Anbil Mahesh Poyyamozhi spoke on a range of key education issues, including communal tensions in classrooms, the bias towards Sanskrit in the national curriculum, and the state's ongoing legal battle for central funds. His comments came after a high-level review meeting with Chief Educational Officers (CEOs) from across the Minister said the government had recently convened a state-wide meeting to address pressing concerns such as the number of pending cases filed under the Protection of Children from Sexual Offences (Pocso) Act, teacher vacancies, and school dropout rates. 'We will enhance monitoring in every district. We are taking stock of them district-wise,' he response to concerns about communal influence in schools, Anbil Mahesh said the government had held a two-day brainstorming session with senior officials to find solutions. 'We are planning to raise awareness through District Collectors and ensure such influences are identified and removed,' he said. The Minister also announced that a major revision of school textbooks is under way in Tamil Nadu. 'We're already working on it, and an official announcement will follow shortly,' he the central government for what he described as preferential treatment of Sanskrit over other classical languages, he said, 'Despite India having five other classical languages, only Sanskrit is being given undue prominence. There is a continuous bias.'Earlier in the day, Chief Minister MK Stalin had criticised the BJP-led Union government over its alleged bias in language funding, accusing it of favouring Sanskrit while neglecting Tamil and other South Indian a post on social media platform X, Stalin wrote, 'Sanskrit gets the crores; Tamil and other South Indian languages get nothing but crocodile tears. False affection for Tamil; All money for Sanskrit!'The Chief Minister's remarks came after a report by The Hindustan Times, based on data obtained through the Right to Information Act (RTI) and public records, which revealed that the Centre spent Rs 2,532.59 crore on promoting Sanskrit between 2014-15 and 2024-25. In contrast, the combined allocation for Tamil, Telugu, Kannada, Malayalam, and Odia — the five other classical Indian languages — was Rs 147.56 the issue of pending central funds, Minister Anbil Mahesh expressed confidence in the state's legal case against the Union government. 'We are already engaged in the legal process and are hopeful of a favourable verdict. I am confident we will win in court,' he said.- Ends IN THIS STORY#Tamil Nadu

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store