TRAI Full Form- Telecom Regulatory Authority of India

What is TRAI? The full form of TRAI is Telecom Regulatory Authority of India. Independent regulation was unavoidably required with the arrival of private service providers. Thus, on February 20, 1997, an Act of Parliament known as the Telecom Regulatory Authority of India Act, 1997, established the Telecom Regulatory Authority of India (TRAI) with the purpose of regulating telecom services, including the fixing or revision of tariffs for telecom services that were previously under the purview of the Central Government. The goal of TRAI is to foster the development of the nation's telecommunications industry so that it can expand quickly enough to allow India to take the lead in the developing global information society.

The powers and functions of TRAI

• To suggest terms and conditions of a service provider's licence, as well as the necessity and timing of the entry of new service providers.
• To control revenue-sharing agreements between various service providers and guarantee technical compatibility and interoperability amongst them.
• To make sure the licence's terms are followed and to revalue them in the event that they are not.
• Establishing and guaranteeing a duration for the provision of both local and long-distance circuits.
• To encourage efficiency in operations and encourage competition in order to spur the expansion of telecom services.
• To safeguard the interests of customers, keep an eye on the calibre of services, evaluate network equipment, and offer recommendations regarding it.
• To retain an open register of interconnect agreements, resolve disputes amongst service providers in this regard, and maintain this register.
• To counsel the government on issues pertaining to the telecommunications sector. Assess fees and charges for services and make sure that the requirements of the Universal Service are met.
• To carry out any additional financial and administrative tasks that the Central Government may assign it.