The National Telecom Policy was recently approved by the Union Cabinet. The policy aims to provide affordable and high-quality telecommunication services across India over the next 10 years. Key goals include increasing rural tele-density to 70% by 2017 and 100% by 2020, making India a global telecom manufacturing hub, providing broadband access of at least 2 Mbps to all, allowing free roaming and mobile number portability. The policy is expected to boost economic and social development in India by facilitating high-quality telecom infrastructure and services. It also aims to establish a more stable regulatory framework to prevent future scandals like the 2G spectrum issue and encourage further investment in the sector.