Post
Topic
Board India
Re: Jiocoin! Light at the end of tunnel?
by
Bitcoin Smith
on 20/01/2025, 18:10:05 UTC
More over this thread is different from Jiocoin launch, the context of this thread is whether the Jiocoin is gonna change the future of Indian crypto policies just like what happened to data price when they come up with Jio. So I don't think as well this thread should be continued in the same thread.

I have serious doubts whether this step by Reliance Jio will affect the government's current policies. I do acknowledge the fact that Mukes Ambani is a pioneer who has taken risks and evolved as a winner. The data price war was something everyone still acknowledges within our country and the foreigners living/working in our country. That did not change any existing TRAI policy it was only fair for Jio to come up with a reduced data charge with the network they built and invested in. After that, we saw how Vodafone and Idea merged and invested heavily to upgrade their network, same for Airtel. The policies never changed but the situation got changed for the consumers who were rewarded with low tariffs.

I am not sure how much TRAI played a role with decreasing the tariffs because they were in the era of no Jio and they were allowing the atrocities of Airtel but Jio came with 4G unlimited data the Airtel fought with TRAI to end the unlimited 4G data by showing a rule then Jio announced plans and now the market is controlled by Jio and Airtel. Even now they are increasing the rates gradually and TRAI can't do anything about it.