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From January 1, 2024, SIM cards will be exclusively available through digital Know Your Customer (KYC) processes in India. This shift will aim at enhancing the verification system and minimising the risk of unauthorized SIM card transactions.
Telecom companies will now collect biometric data which will be mandated for every customer who is purchasing a SIM card. The inclusion of biometric details is a measure to safeguard fraudulent SIM card transactions and ensures strict action against the offenders.
As per the new Telecommunication Bill, individuals who will be found purchasing fake SIM cards will be facing severe consequences and the offenders will further be subjected to a jail term of up to 3 years and a fine worth Rs 50 lakh.
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