TRAI has stipulated that the excess monies collected by service providers from subscribers which were getting deposited into the Telecommunication Consumers' Education and Protection Fund and which was hitherto kept as fixed deposit only with corporation bank, can now be kept with any bank who is providing better rate of interest on these deposits. I wonder how much monies have been collected in this fund and to what purpose they have been utilising it for. Anyways, a copy of the TRAI circular can be found here
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