Govt. abolishes wireless operating licence, launches regulatory sandbox to ease trial permit.
Govt. abolishes wireless operating licence, launches regulatory sandbox to ease trial permit.
Current Affairs Daily Articles & Editorials
La Excellence IAS Academy | March 12, 2024 | Economy
Syllabus: GS-III, Subject: Economy, Topic: Industry and Industrial policies, Issue: Regulatory sandbox |
Context: The government abolished wireless operating licence system. It launched a regulatory sandbox for quick and online approval of product testing.
Regulatory sandbox:
- It’s a controlled environment to experiment/test with new technologies or business models in a safe space (some relaxation of existing regulations.)
- Allows to verify feasibility of ideas and work out any potential tweaks before a full launch.
- Now, the Department of Telecommunications, through the regulatory sandbox will provide online approval for product testing at minimal charge.
Wireless operating licence system: This is the primary license required to operate any wireless product in India.
Source: The Hindu
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