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TRAI's Consultation Paper on 'Review of regulatory framework for the use of USSD for mobile financial services'

TRAI's Consultaion Paper on 'Review of regulatory framework for the use of USSD for mobile financial services'
Start Date :
Aug 03, 2016
Last Date :
Sep 29, 2016
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

The expansion of banking and reach of financial services is considered to be vital for the long-term sustainable development of any country. From the standpoint of equity, it is ...

The expansion of banking and reach of financial services is considered to be vital for the long-term sustainable development of any country. From the standpoint of equity, it is essential that financial services are provided at an affordable cost to those who are presently excluded from the formal financial system. Mobile telephony could be the answer to the problems related to ‘last mile’ service delivery of financial services.

In order to identify and address the various issues for the use of USSD-based Mobile Financial Services, Telecom Regulatory Authority of India (TRAI) has released Consultation Paper on ‘Review of regulatory framework for the use of USSD for mobile financial services’ on 2nd August, 2016 for comments.

The objective of this Consultation Paper (CP) is to examine the need of mobile based financial services in the country from a public perspective, discuss the issues in its proliferation and to explore solutions for the same.

The Authority has extended the time for submission of comments upto 14th September, 2016 and counter comments by 28th September, 2016.

Read: Consultation Paper

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Showing 177 Submission(s)
Dudyala Satyanarayana
Dudyala Satyanarayana 9 years 10 months ago
Honourable p.m of india shri modi ji garu i satyanarayana former minister of telangana wants to bring notice to you about addressing of interlinking rivers across the states in the country on aug 15 2016.please take steps not to go excess of lakhs of cusecs of water in ocean..with in the country if we can design in our sysytem from one state to another state all citizens will be benefited including kissans ..thank you sir.
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Jaimin Shah
Jaimin Shah 9 years 10 months ago
sir we have deposited some amount in Jaypee infratech and jaiprakash associates but unfortunately due to some issue we have not received our fund we have also tried to contact ROC kanpur office which comes under ministry of finance sir sorry to say but since a 15 days not getting any respond from govt office - yes must appreciate being a Gujarati while you are in Gujarat which you have implemented and all govt officers are support to us but in central govt still like old system ,can you plze hel
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Manohar Boddula
Manohar Boddula 9 years 10 months ago
Sir pestle grey colour se likavat jo mb par sahise nai diktà hai use thoda dark karke medium grey colour rahe . Dhanyawad.
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Girish Deo
Girish Deo 9 years 10 months ago
For tracing vehicle thefts there is a requirement of an nationwide online RTO system wherein any police station must be in a position to feed the information of vehicles complaints with details. Immediately after this the transfer of any vehicle with any of matching details will be blocked and the information traced back to complaining police station. System clearance also to made mandatory for any vehicle transfer. Will be useful for tracing back stolen vehicles. If system exists why many theft
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Rahul Pratap
Rahul Pratap 9 years 10 months ago
Hello everyone, I have read many suggestions. Each is very nice. And thanks to PM Modi sir my who gave us this easy and simple platform. I want to suggest that everyone is not using internet so please start a sms service where everyone give their ideas.
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sandeep sonaskar
sandeep sonaskar 9 years 10 months ago
Hello sir, Please stop funding to such research in the institutions which are not to be launch in market for the benefits of nation or our society. There were so many funding agencies for providing lots of money to institutions for such research which are not launch in the market. Only those research and innovations shall be funded which are having market value in sales and benefit to society
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Pooja Gaur
Pooja Gaur 9 years 10 months ago
The biggest problem of mobile based financial services is that the data packs provided by companies are super costly. This is the main reason that despite 103 crore people use mobile phones only 35lacs are registered at my gov. This gap can be bridged if low rate data packs are provided. India is number two in population and if low rate data packs are provided more people can buy it and hence revenue generated will be far more than generated with only 35lacs. This can benefit everyone. #TRAI
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JAGDISH PATHAK
JAGDISH PATHAK 9 years 10 months ago
I am very much thankful to hon.PM,hon.ministers and my gov.in team for given me opportunity to become part of town hall event, hon,PM has given message to people to join the mygov.in and share the suggestion is the great effort to join people directly, thanks and best wishes
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Nadeem shaikh_5
Nadeem shaikh_5 9 years 10 months ago
Inventions happen when u see opportunity. Let's become a capitalist economy. Govt must be for welfare of people like security, law and order & development and not to run companies. Disvestment will bring more capital receipts which can help in bringing down deficit. So we can expend more on productive expenditure. why to run companies especially loss making and use revenue receipts for the same. Sell all public company especially railway and we can get direct and indirect tax from pvt Co.
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