DLT Entity Registration:
The Telecom Regulatory Authority of India (TRAI) is a statutory body set up by the Government of India under section 3 of the Telecom Regulatory Authority of India Act, 1997. It is the regulator of the telecommunications sector in India. It consists of a Chairperson and not more than two full-time members and not more than two part-time members. The TRAI Act was amended by an ordinance, effective from 24 January 2000, establishing a Telecom Disputes Settlement and Appellate Tribunal (TDSAT) to take over the adjudicatory and disputes functions from TRAI.
- To regulate telecom services, including fixation/revision of tariffs for telecom services which were earlier vested in the Central Government.
- To provide a fair and transparent policy environment which promotes a level playing field and facilitates fair competition.
- To create and nurture conditions for growth of telecommunications in the country in a manner and at a pace which will enable India to play a leading role in emerging global information society.
- To deal with issues coming before it and provided the required direction.
- To evolve of Indian telecom market from a Government owned monopoly to a multi operator multi service open competitive market.
- TRAI also has the power to notify in the official gazette the rates at which telecommunication services are being provided in and outside India. TRAI shall ensure transparency while exercising its powers and discharging its functions.