Telecom sector urges govt for creation of fund for credit facility at lower interest rate

The telecom sector has sought creation of a fund which will facilitate in providing credit facility to companies at a lower interest rate. The demand comes in the backdrop of financial stress being faced by the telecom operators and they are not able to get funding for making investments. The national digital communications policy (NDCP) released by the government last year, also proposed to provide a line of credit to telecom sector.