This decision was taken at Executive Council meeting of National Association of Software and Service Companies held in Pune.
The counting of votes of the 16th general elections are scheduled for May 16, following which the new Indian government will be formed.
A high-level meeting will be convened soon to decide on probing the India operations of Chinese Telecom companies -- 'Huawei' and 'ZTE' -- against the backdrop of the US calling the two firms a threat to American national security.
The recommendations of the commission will now be put before the empowered group of ministers headed by Finance Minister P Chidambaram for a final decision.
Notwithstanding strong demand by Bharatiya Janata Party members for calling Finance Minister P Chidambaram, the Joint Parliamentary Committee examining 2G spectrum allocation scam is unlikely to call him or any other minister as witnesses.
Reiterating that it did not want to censor the internet, the Union government today asked various stakeholders, including social media giants such as Facebook and Google and internet service providers to engage in a "constructive dialogue" and come up with a consensus on what reasonable restrictions should be imposed on the online world.
The auction was shunned by all other companies.
The government last month issued notices to telecom companies to stop offering 3G data services outside their licensed circles through roaming pacts with each other.
Telecom Commission has recommended that existing mobile operators vacate airwaves in the 900 MHz band at the time of renewal of licences in 2014 -- a move that GSM players say would cost them over Rs 66,000 crore (Rs 660 billion) in replacing infrastructure.
Days after the Supreme Court cancelled 122 licenses for 2G spectrum, Prime Minister Manmohan Singh on Saturday held consultations with senior Cabinet colleagues on its impact on the telecom sector and the way forward. The meeting was attended by Finance Minister Paranab Mukherjee, Home Minister P Chidambaram, Telecom Minister Kapil Sibal and Law Minister Salman Khurshid.
The government has 97 blocks of 1.25 MHz spectrum each, which DoT can put on the block in the third round.
Ahead of the coming auction of 2G telecom spectrum, the government has decided to allow all players to bid for all bands.
The new licences will do away with different kinds of permits that are issued to telecom companies for offering various services.
The government is expecting Rs 20,000 crore (Rs 200 billion) from the second round of spectrum auction later this fiscal,
This is the spectrum held by incumbent GSM operators whose licences are coming up for renewal in November 2014
The telecom industry, with a cumulative debt of around Rs 2,75,000 crore (Rs 2,750 billion), has been mired in various controversies, besides facing intense competition, low tariffs and falling margins.
Telecom Secretary R Chandrashekhar on Thursday said 100 per cent foreign direct investment (FDI) in telecom would not be possible before the 2G auction.
The Telecom Ministry, which has sought a legal opinion on cancellation of some telecom licences for failure to meet roll-out deadlines, on Friday said the process of issuing notices over 35 licenses will be completed by March next year.
BSNL had earlier cancelled its tender for 5.5 million GSM lines and called for bids again after revising the guidelines, following an amendment in the licence conditions for security purposes.
DoT has issued notice for licence cancellation to Etisalat DB and Idea Cellular on ground of failing to meet roll out obligation.
The Finance Ministry had written twice to the DoT to immediately auction wireless broadband spectrum.
"We have already put up draft rules of the IT (Amendment) Act on the website and have also received comments ... We are trying to finalise the rules within a month," Department of Information Technology (DIT) Secretary R Chandrashekhar told reporters on the sidelines of a CII conference in New Delhi on Monday.
The list of prisoners includes several political leaders including Goru Venkat Reddy, husband of a sitting Congress MLA, who has been sentenced to 10 years in prison.
"The industry is looking at a rate of 12-16 per cent. So, it entirely depends on how it gets. But the bigger concern is how the GST is applied," said R Chandrashekhar, president of Nasscom.
Earlier in the year, Modi government had moved WTO against the US imposing higher fee for applicants seeking two categories of non-immigrant temporary working visas
Nasscom President R Chandrashekhar discusses the ramifications of Trump's 'Buy American-hire American' agenda with Raghu Krishnan.
If the visa issue ultimately requires certain other considerations at govt level, we will consider that, says Ravi Shankar Prasad
Nasscom recommended that there should be 'no double dipping'.
In 2014, the country witnessed 800 new companies starting up, taking the total number of start-ups to 3,100, Nasscom said.
Prime Minister Narendra Modi will address the India-US Startup Konnect and share his vision on 'Start up India, Stand up India' as part of his US visit later this month.
The pace of job generation has slowed as IT firms look at automation to do testing
75 per cent of new Internet users will come from rural areas
The country will witness a mushrooming of technology start-ups over the next five years.
Nasscom said growth for the current financial year (2016-17) was expected to be 8.6%
The NASSCOM report said Indian tech industry contributed more than $375 million to the US Treasury between fiscal year 2011-2015
Nasscom set up a task force last year, to position India as a global hub for providing cybersecurity solutions
Underweight on the sector since January amid concerns over growth prospects; no early reversal seen
The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.
Modi govt is aiming to recast the urban landscape of the country by making cities more livable.
Europe is the second largest market for Indian IT-BPM industry.
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