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Which government agency released the draft Registration of Consumer Organisations (Amendment) Regulations on 14 September 2023?
Telecom Regulatory Authority of India (TRAI)
Insurance Regulatory and Development Authority of India (IRDAI)
Advertising Standards Council of India (ASCI)
Securities and Exchange Board of India (SEBI)
Telecom Regulatory Authority of India (TRAI)
TRAI released the draft Registration of Consumer Organisations (Amendment) Regulations on 14 September 2023 to streamline consumer representation.
The Telecom Regulatory Authority of India (TRAI) issued these draft regulations to enhance the participation of consumer organizations in the regulatory process. The move aimed to simplify the registration criteria and update the guidelines for empanelment of consumer organizations. By refining these rules, TRAI intends to ensure that consumer grievances are represented more effectively within the telecommunications sector's policy framework. This initiative aligns with the broader mandate of protecting consumer interests and promoting transparency in digital and telecommunication services.
TRAI was established under the Telecom Regulatory Authority of India Act, 1997. It functions as an autonomous regulatory body under the Ministry of Communications, Government of India, to regulate telecommunication services in India.
Date of release: 14 September 2023
Agency: Telecom Regulatory Authority of India (TRAI)
Document type: Draft Registration of Consumer Organisations (Amendment) Regulations
Primary objective: Improving consumer representation and administrative efficiency
A is correct тАФ The Telecom Regulatory Authority of India (TRAI) released the draft Registration of Consumer Organisations (Amendment) Regulations on 14 September 2023.
Remember that TRAI is a statutory body under the 1997 Act, distinct from the sectoral regulators like SEBI (securities) or IRDAI (insurance), which fall under their respective financial sector legislations.
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