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Indian Government fearing Telecom
Investment as a National Security threat
because sensitivity of telecom field
(Indian Telecom Analysis): The
Government of India said that national
security will not be compromised while
enhancing the FDI (foreign direct
investment) in telecom sector from 49
per cent to 74 per cent, and also warned
against “over reactions” in the name of
safety.
The National Security Council of India
in a recent move classified telecom as
one of sensitive sectors, where FDI from
certain countries can be used to subvert
national security. It had also
criticized the presence of Egypt’s
Orascom in Hutchison-Essar a GSM cell
operator in India.
“Indians
going down on IT & Telecom Investment”.
According to media reports the National
Security Council of India in its paper,
dubbed about Orascom that the company is
one the GSM operator in Pakistan and has
a large share in Bangladesh as well,
while investment portfolio of middle
eastern region.
The paper from NSC India also said
“Orascom presence in an Indian company’s
board is not in our national security
interest as it could gain access to our
ICT assets and enhance capabilities of
our adversaries in gathering
intelligence”.
Minister for IT and Communications
(India), Dayanidhi Maran said “National
Security is supreme and there can not be
any compromise on it”.
A hard cooperation crisis is on the
cards between the Defense Ministry and
IT and Communication Ministry of India,
but Dayanidhi Maran retained that “there
is no difference of opinion among
Ministries over the issue of national
security. All of us are working towards
one goal and that is national security”.
Meanwhile the Indian Cabinet decided
December 31st as the dead line for inter
Ministerial differences and addressing
the said concerns especially in the name
of national security.
Comparison:
Indians remain strict on so called
friendly FDI polices while Pakistan
remains open and clear in FDI policy in
IT and Telecom sector / investment from
any where around the world because of
its attractive business and strategic
location.
Orascom in Pakistan is the one of the
leading telecom GSM operator. IT
and Telecom multinationals are more
attracted towards Pakistan because of
getting a good chunk of profit for their
business investment.
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