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IT Minister Ashwini Vaishnaw will launch 5G in August-September



IT Minister Ashwini Vaishnaw will launch 5G in August-September:  Union Telecom and IT Minister Ashwini Vaishnaw said on Wednesday that India’s largest spectrum auction. Which would pave the way for high-speed 5G services, scheduled to complete by the end of July and that the deployment will begin in September this year.

The Cabinet has approved a 5G spectrum auction to commence on July 26.

“Today is the first day of the 5G spectrum auction process. The auction process should completed by the end of July, our original goal date. However, in an interview with PTI, Vaishnaw said, “Telecom firms are already working in parallel to put up the full infrastructure.”

By August-September, 5G services are scheduled to be available.

“The auction is on schedule. The auction took place in July. “The timetable for starting the rollout was August-September,” Vaishnaw continued.

The minister is in Paris for a technology event, where he launched the India pavilion, home to 65 Indian businesses.

The Department of Transportation favors a spectrum with a 20-year validity period in upcoming auctions.

Vivatech’s ministry struck a deal with France’s Lyra Network to accept UPI and RuPay cards in the European countries.

“UPI is one platform that has generally recognize as a very effective payments platform as part of our public digital platform strategy.”

“Europe interested in it, and today a Memorandum of Understanding was signed between UPI and a payment settlement organization in France. Allowing them to use the UPI protocol in Europe as well”.  So, in a way, India is now exporting its soft power to the rest of the globe,” Vaishnav remarked.

Another agreement signed between the Medical Technology Park in Vizag and the French FIEN (Federation Indo European Du Numérique) to promote investments in Indian MedTech startups. Increase market access for Indian MedTech products in European markets. And collaborate on advancements in augmented reality, synthetic biology, and innovation.

According to Vaishnav, Prime Minister Narendra Modi’s objective is crystal clear: the country’s unicorn count should now rise to 100. And India’s position as the world’s third-largest startup ecosystem should be further solidified.

“We’ve seen our companies emerge from tier two and tier three cities”. However, that process must also go ahead in a significant manner. “Startups will have to emerge from smaller regions more and more in the future,” he said.

According to the minister, women’s engagement in the Indian startup narrative is rising, and it has to expand much more.

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