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Government may table 16 CAG reports next week; all eyes on audit report of 4G spectrum auction

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By NewsGram Staff Writer

Mostly likely, the central government will put forward 16 audit reports by the Comptroller and Auditor General (CAG) next week. However, all the eyes will be on the audit report on the 4G spectrum auction in the communications and IT sector.

The allocation of airwaves in an unclear manner was questioned by the official auditor of India. During the audit, CAG put a question mark on the way pan India 4G broadband licences were given to Relaince Jio Infocomm. It was asserted by the auditors that the process was managed to benefit a small company. And, within hours of completion of the auction, that small company was taken over by a big industrial house. The auditor has also put a circle on the bank guarantee submitted by the company, which had bid for licences.

CAG also alleged that the Department of Telecommunications virtually gave out broadband market control to a major industrial house.

On the other hand, an audit report on the projects given by the Indian Renewable Energy Development Agency Ltd. (IREDA) is also of crucial importance.

CAG also analyzed government’s decisions taken during 2008-09 to 2012-13 while scrutinizing the selected projects. These include the UPA government’s Rashtriya Krishi Vikas Yojana scheme. This project was created to offer more flexibility to the states through elemental level planning. Rs 32,000 crore were allocated by the government during 2007-08 and 20012-13 for the scheme’s implementation in all states and union territories.

CAG has also submitted reports on implementation of nutrient-based subsidy policy for decontrolled phosphate and potassic fertilizers, railway finances, dual freight policy for transportation of iron ore and the supply and infrastructural development for natural gas.

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Reliance Jio Launches AI Based Platform – JioInteract

Jio launches AI-based JioInteract brand engagement platform

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Jio’s sharp discount postpaid offer may hit ARPU of other players.
Jio’s Sharp Discount Postpaid Offer May Hit ARPU of Other Players. IANS

Reliance Jio Infocomm on Thursday announced the launch of JioInteract, a unique Artificial Intelligence (AI)-based brand engagement platform.

“The first of many services to be launched on this platform is the Live Video Call that features India’s favourite celebrities. To kick-start, Jio has on-boarded none other than Bollywood’s biggest star, Amitabh Bachchan, who will promote his upcoming comedy-drama film ‘102 Not Out’ in the most innovative way,” a company statement said here.

With Jio’s over 186 million subscriber base and another 150 million smartphone users, the sattement said: “JioInteract is poised to become the largest platform for movie-promotion and brand engagement. Over the next few weeks, Jio will introduce services such as video call centres, video catalogue, and virtual showrooms to the forefront redefining customer experience.”

Such use of artificial intelligence is a first across the world and will reposition the way brands and customers think of engagement, the company claimed.

Reliance Jio
Reliance Jio (Wikimedia Commons)

JioInteract’s first service “Live Video Call” will allow all Jio and other smartphone subscribers to make a video call with superstar, Amitabh Bachchan anytime during the day, starting on May 4, 2018.

Users can ask questions related to his upcoming comedy drama film, 102 Not Out and even book their movie tickets in real-time through the ticketing-partner BookMyShow.

Also Read: Jio And Airtel Are Bringing Apple Watch Series 3 to India

“This unique and innovative service uses a powerful artificial intelligence based platform to listen to user questions and respond to them in the most appropriate way. In addition, the platform has a unique auto-learning feature that helps improve the answering accuracy,” the statement said.

It also said: “Positioned as VCBaaS (Video Call Bot as a Service), JioInteract with its full scale multimedia capabilities attempts to democratise Artificial Intelligence & Video Call technologies in a simplified way for effective brand engagement. This technology has wide scale applications across B2C space. Using it, Jio is also tapping developer ecosystem to create innovative applications like virtual showrooms, product demonstrations, ordering cart for e-commerce, etc.”  (IANS)

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