TRAI consultation on encouraging innovative tech, biz models via regulatory sandbox

| | new delhi
1 2 3 4 5
  • 0

TRAI consultation on encouraging innovative tech, biz models via regulatory sandbox

Friday, 23 June 2023 | PTI | new delhi

TRAI consultation on encouraging innovative tech, biz  models via regulatory sandbox

Telecom regulator TRAI has floated a discussion paper on encouraging innovative technologies, services, use cases, and business models through a regulatory sandbox in the digital communication sector.

The consultation paper proposes a draft sandbox framework and seeks inputs from stakeholders on its various aspects.

This draft sandbox framework includes information on the goals and scope of the architecture, participant eligibility requirements, prerequisites for applicants, supporting materials needed with applications, and application evaluation criteria.

Other elements include the application and approval process, waivers or modifications to the rules, validity period, revocation of permission, reporting, an oversight body, and funding of innovation for societal growth.

“The Telecom Regulatory Authority of India (TRAI) has released a consultation paper on Encouraging Innovative Technologies, Services, Use Cases, and Business Models through Regulatory Sandbox in Digital Communication Sector,” TRAI said in a statement.

Regulatory bodies in many countries have established sandbox frameworks for telecom tech innovation, TRAI said and explained that these frameworks allow testing new concepts in controlled environments, granting exemptions, allowances, or time-bound exceptions.

These frameworks aim to promote regulators’ desire for innovation with economic resilience and consumer protection. It is in this backdrop, that the telecom department asked TRAI to provide recommendations on the framework for the regulatory sandbox.

“The authority approaches the issue with the aim to promote creativity and accelerate the uptake of cutting-edge technologies in the field of digital communications,” TRAI said.

Emerging technologies like Artificial Intelligence, the Internet of Things, edge computing, and others are transforming and revolutionising the way in which people connect, interact, and access information.

According to TRAI, there is a need for providing an enabling environment for the development and deployment of novel technologies, services, use cases, and business models to stay up with this dynamic environment.

The regulatory sandbox strategy has gained traction throughout the world as a way to encourage innovation across various industries.

A regulatory sandbox provides a regulated setting where companies and innovators can test their concepts, goods, and services while operating under fluid regulations.

“Regulatory Sandbox will help the startup ecosystem in the telecom industry by giving them access to the real-time network environment and other data so that they may test the reliability of new applications before releasing them on the market,” TRAI said.

To provide the starting company with a single window for obtaining all clearances, the regulatory sandbox also seeks to encourage cross-sectoral collaboration for carrying out such tests by enlisting the help of other ministries and departments.

The consultation paper discusses some of the regulatory sandbox frameworks that are working in the digital communication sector globally and also details some of the frameworks working within the country in other sectors.

The last date for written comments on the draft sandbox framework is July 17, 2023, and for counter comments August 1, 2023.

Trending News

more

State Editions

Delhi to get first commercial BESS

18 March 2025 | Pioneer News Service | Delhi

Police targets organised crime

18 March 2025 | Pioneer News Service | Delhi

People will witness real change in next 100 days says Verma

18 March 2025 | Pioneer News Service | Delhi

MCD approves key proposals amid chaos

18 March 2025 | Pioneer News Service | Delhi

PhD entry rules broken, says DUSU president

18 March 2025 | Pioneer News Service | Delhi

Delhi to get first commercial BESS

18 March 2025 | Pioneer News Service | Delhi

Sunday Edition

A Wasabi- Filled Night

16 March 2025 | SAKSHI PRIYA | Agenda

Indian women redefine possibilities

16 March 2025 | Abhi Singhal | Agenda

The Courage to Knock

16 March 2025 | SAKSHI PRIYA | Agenda

Delhi’s Biggest Food Fair

16 March 2025 | Abhi Singhal | Agenda

Chai bina chain kahan re....

16 March 2025 | Abhi Singhal | Agenda

Food Freak | An Ode to Asian Cuisine

16 March 2025 | Pawan Soni | Agenda

A Wasabi- Filled Night

16 March 2025 | SAKSHI PRIYA | Agenda

Indian women redefine possibilities

16 March 2025 | Abhi Singhal | Agenda