Recently Telecom Regulatory Authority of India announced that it had disconnected over 21 lakh fraudulent mobile numbers and blacklisted nearly one lakh entities involved in spam and scam messaging. The action was driven largely by citizen reports through the Do Not Disturb app.
Well-contested markets deliver efficiency, innovation, consumer gains and faster GDP growth. While India envisions developed economy status by 2047, a key enabler is missing. For a big-bang reform, the government should dust off its 2011 draft competition policy and relieve markets of distortions.
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