Search Results for: mobile banking

Centre notifies new Telecommunications Act provisions, focuses on spectrum utilisation

India's Telecommunications Landscape Undergoes Major Shift

India's new Telecommunications Act, 2023, replaces old laws, addressing advancements in the telecom sector. The Act allows government control of telecom services in emergencies, raising concerns about potential misuse of power. Aug 31, 2024
Mobile spam: TRAI issues consultation paper, seeks public comment by Sep 25

TRAI Seeks Public Input on Tackling Spam Calls and Messages

The Telecom Regulatory Authority of India (TRAI) has released a consultation paper seeking public comments. The paper, titled Review of the Telecom Commercial Communications Customer Preference Regulations, 2018 (TCCCPR-2018), was implemented in February 2019 to address the issue of unwanted promotional calls and messages. The public has been invited to submit their comments by September 25. Aug 28, 2024
Prime Minister Narendra Modi

PMJDY: A Decade of Financial Inclusion in India

The Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme, launched in 2014, has integrated over 53.14 crore economically marginalized individuals into mainstream banking. The scheme has seen a 3.6-fold growth in accounts, providing access to formal banking services and promoting financial inclusion. The PMJDY scheme has also promoted gender equality and rural inclusion, with 67% of accounts opened in rural or semi-urban areas and 55% by women. The success of PMJDY in promoting financial inclusion in India is comparable to similar initiatives globally, like M-Pesa in Kenya and Grameen Bank in Bangladesh. Aug 28, 2024
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