About TRAI

• The Telecom Regulatory Authority of India (TRAI) was established in 1997 by an Act of Parliament, called the Telecom Regulatory Authority of India Act, 1997, to regulate telecom services, including fixation/revision of tariffs for telecom services which were earlier vested in the Central Government.
• TRAI’s mission is 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.
• One of the main objectives of TRAI is to provide a fair and transparent policy environment which promotes a level playing field and facilitates fair competition.
• The TRAI Act was amended by an ordinance in 2000, establishing a Telecommunications Dispute Settlement and Appellate Tribunal (TDSAT) to take over the adjudicatory and disputes functions from TRAI. 
  • TDSAT was set up to adjudicate any dispute between a licensor and a licensee, between two or more service providers, between a service provider and a group of consumers, and to hear and dispose of appeals against any direction, decision or order of TRAI.

Why in News?

• Telecom Regulatory Authority of India (TRAI) has released a Consultation Paper on ‘Inputs for formulation of National Broadcasting Policy-2024’.
• The broadcasting sector is a sunrise sector having huge potential to contribute towards the growth of the Indian economy. 
• The inputs for formulation of policy aim at stipulating the vision, mission, objectives and strategies for the planned development and growth of the broadcasting sector in the country in the era of new and emerging technologies.

https://pib.gov.in/PressReleasePage.aspx?PRID=2016891