Telecommunication Consumers Education and Protection Fund

News:Telecom Regulatory Authority of India(TRAI) has directed telecom service providers to put all unclaimed subscriber money in the Telecommunication Consumers Education and Protection Fund(TCEPF).

Facts:

About Telecommunication Consumers Education and Protection Fund (TCEPF):

• The Telecommunication Consumers Education and Protection Fund Regulations of 2007 offers a basic framework for depositing unclaimed money of consumers by service providers, maintenance of the fund and other aspects.
• The fund also includes money on account of excess billing revealed in the audit, unclaimed money such as security deposits and plan charges of failed activations.
• The income from this fund is utilised for programmes and activities relating to consumer education and protection.

Additional information:

About TRAI:

• Telecom Regulatory Authority of India(TRAI) is a statutory body set up by the Government of India under section 3 of the Telecom Regulatory Authority of India Act,1997.
• It regulates telecom services including fixation/revision of tariffs for telecom services.
• It also aims to provide a fair and transparent policy environment which promotes a level playing field and facilitates fair competition. 
• The regulator consists of a Chairperson and not more than two full-time members and not more than two part-time members.