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ARTICLE · 30 JULY 2024

Semi-Annual Telecommunication Compendium 2024

JSA Advocates & Solicitors
JSA Advocates & Solicitors
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JSA Advocates & Solicitors

JSA Advocates & Solicitors

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This Compendium consolidates all the key developments pertaining to the Telecommunications sector which were circulated as JSA Newsletters/Prisms during January- June 2024.

IndiaMedia, Telecoms, IT, Entertainment
Tony Verghese
Tony Verghese
Radhika Gupta
Radhika Gupta
Neethika Manoj
Neethika Manoj
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Introduction

This Compendium consolidates all the key developments pertaining to the Telecommunications sector which were circulated as JSA Newsletters/Prisms during January- June 2024.

Telecom sector – Highlights from the interim budget 2024-2025

On February 1, 2024, the Government of India (“GoI”) introduced the Interim Budget (“Budget”) for the financial year 2024-2025. The Budget envisages an allocation of INR 1,11,876.67 crore (Indian Rupees one lakh eleven thousand eight hundred seventy-six crore sixty-seven lakh) [approximately USD 13,500 million (US Dollars thirteen thousand five hundred million)] for expenditure. In comparison with the previous financial year's budget of INR 98,359.41 crore (Indian Rupees ninety-eight thousand three hundred and fifty- nine crore forty-one lakh) [approximately USD 11,850 million (US Dollars eleven thousand eight hundred and fifty million)], there is an increase of more than INR 13,000 crore (Indian Rupees thirteen

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