Police verification mandatory for SIM card dealers, bulk connections discontinued
Shortpedia
Content Team
Image Credit: NewsBytes
Indian government has now made police verification mandatory for SIM card dealers and has discontinued bulk connections, in an effort to combat fraudulent activities. A new concept of business connections has been introduced, which requires Know Your Customer (KYC) compliance for both businesses and individuals handling SIM cards. Since May 2023, 300 FIRs have been filed against SIM card dealers and 67,000 dealers have been blacklisted.
