Union Minister Ravi Shankar Prasad at launch of new digital payment app DakPay . Photo/ANI DakPay is double strength of service offerings in form of online payments, says Ravi Shankar Prasad ANI | Updated: Dec 16, 2020 06:06 IST
New Delhi [India], December 16 (ANI): The Department of Posts (DoP) and India Post Payments Bank (IPPB) unveiled a new digital payment app DakPay on Tuesday which has been launched as part of its ongoing efforts to provide digital financial inclusion at the last mile across India.
On the app launch event, Union Minister for Communications Ravi Shankar Prasad appreciated India Post Payments Bank s efforts during the fight against COVID-19 by providing doorstep financial assistance through AePS leading to the financial empowerment of the unbanked and the underbanked.
Centre announces National Security Directive on Telecom Sector for secure networks
In a bid to tighten security of communications network, the Cabinet Committee on Security on Wednesday announced the National Security Directive on Telecommunication Sector, which will mandate service providers to purchase equipment from trusted sources.
Law and Telecom Minister Ravi Shankar Prasad said the directive has been framed from the perspective of national security. Considering the need to ensure India s national security, the Cabinet has accorded approval for the National Security Directive on Telecommunication Sector, Prasad said.
Under the provisions of this directive, the government will declare a list of trusted sources and trusted products for installation in the country s telecom network.
India Post launches its digital payments services DakPay indiagazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiagazette.com Daily Mail and Mail on Sunday newspapers.
Cabinet approves auction of spectrum
IANS
Addressing the media, post the Cabinet meeting, Union Minister for Communications Ravi Shankar Prasad said that the auction will be held for spectrum in the 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz frequency bands, for validity period of 20 years.
A total of 2251.25 MHz will be offered with total valuation of over Rs 3.92 lakh crore.
In the auction, bidders will have to comply with parameters such as block size in which bidders will be able to submit their bids, spectrum cap the maximum amount of spectrum that can be held by each bidder after the completion of the auction, rollout obligations, payment terms among others.
Cabinet approves next round spectrum auction
New Delhi, Dec 16 (UNI) The Union Cabinet on Wednesday approved a proposal of the Department of Telecommunications to conduct the next round of spectrum auction for commercial mobile services.
Addressing mediapersons here, Minister of Communications Ravi Shankar Prasad said the auction will be for spectrum in 700, 800, 900, 1800, 2100, 2300 and 2500 MHz frequency bands. Spectrum will be offered for assignment for a validity period of 20 years. A total of 2251.25 MHz is being offered with a total valuation of Rs 3,92,332.70 crore (at reserve price).
By winning the right to use spectrum through the auction, incumbent telecom service providers will be able to augment their network capacity whereas new players can start their services.