The Telecom Regulatory Authority of India (TRAI) is mulling putting in place guidelines which may allow subscribers to do financial transactions and access other important services faster than the rest of their mobile phones. The development comes as TRAI finalizes its recommendations on the hotly debated issue of net neutrality. The telecom regulator was zeroing in on the broad contours of net neutrality but at the same time considering the possibility of introducing some form of network management, or traffic management practices (TMPs), which telecom companies can adapt to prioritize critical services, such as banking or financial transactions and social welfare services. TRAI hopes to finalize its recommendations by mid-December. The policy aims to clearly lay down a definition of net neutrality, a principle that guarantees consumers equal and non-discriminatory access to all Internet services without any discrimination on the basis of tariffs or speed.

(Inc42)