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Minister's Message
 
Obs Hon’ble Kapil SIbal, MOC&IT  Indian Express :

26th February, 2013 :

"I firmly believe that courts are as much concerned with national interest as all of us and courts` intentions are bona fide.,"

But, good intentions don`t necessarily make good law……………………

“Country is integrated into the global economy and, therefore, global investors are ready to invest in our infrastructure sectors, including telecom. Of late, bona fide global investors are somewhat uncertain about the fate of their investments made with legitimate expectations. If in the course of such uncertainty, these investments take a beating, the Indian economy will be hurt…….”

India is a good market for FDI and we must all be circumspect that we don`t do anything with the best of intentions to stall the Indian growth story. Uncertainty seems to have set in in the telecom sector, which doesn`t augur well for us. We are trying to revive a sector that is in debt in excess of Rs 2 lakh crore. We tried to reverse the sentiment. Unfortunately, in the prevailing circumstances, we are bound hand and foot. If the government doesn`t have enough free play at the joints to decide on a particular course of action for a sector, then I think we will have to rethink the role of institutions and the contours of their jurisdiction".

Obs Hon'ble Sh Kapil Sibal. Minister of Communications and IT  said while meeting Japanese Minister for Economy, Trade and Industry Toshimitsu Motegi on 12th February, 2013 at Tokyo, Japan

12th February, 2013:

"foreign company which manufactures in India will qualify as a domestic manufacturer,"

Obs Sh Kapil Sibal, Hon'ble Minister for Communications and IT on local manufacturing of devices, while launching Airtel's 4G services:

10th April, 2012 Kolkatta:

"We will give the environment to the industry to manufacture low cost quality smart phones. But it is the industry which has to deliver. This is the biggest challenge for the industry,"

“That 3G services have not been as popular as 2G due to lack of liquidity in the market to invest in the infrastructure and the devices required.”

He hoped that the industry would keep this in mind and "ensure that people of this Country have low cost devices".

 
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