Telecom companies and the regulator have agreed to form ICH (international clearing house), according to this report by "The News".
Btw, it would be interesting for you to know that this ICH is something that was planned 3 years ago. Then why the fuss now? The only reason is that Public Accounts Committee (PAC) has pointed fingers towards interior ministry for having a huge share in grey traffic.
How dumb these government institutes are - they can't blindfold everyone, especially the telecom ministry.
For those who don't know - after implementation, all international traffic will be landed at ICH and then will be routed to respective operator.