Justification:- Mobile operators will adopt practices that run counter to public/consumer interest, absent any regulatory framework.  Once established it would be very difficult to make laws that run counter to de-facto industry practices.

2. No, OTT players should not be brought under any sort of licensing requirements.

Justification, almost all OTT works on internet.  And internet doesn't require any such restrictions.  Imposing these restrictions will stifle innovation and commerce potential of such OTT services.  Just image if just to open GMail on you desktop, you had to request permission from ISP which in turn controlled what could be accessed over internent.  This would not only do dis-service to IT professionals, but common end users, like the ones trying to book a railway ticket or shop onlline.

Given current trend, mobile will be the primary way majority of indians will have internet access, and licensing will restrict growth.  For short term profit of mobile operators.

3.Yes, traditional revenue of TSP is impacted by OTT, but sheer diversity and 'download' bandwidth required will more than compensate this by increase in data revenues.

4. No, OTT players should not pay for use of the TSPs network over and above data charges paid by consumers?

Justification: If OTT's were to pay, then innovative or localized, small OTT services won't emerge, stifling the economic potential, while providing no benefit to end consumer.  Only large established, multinational OTT's will be able to compete, if this were to happen.  Implying no new flipkart or snapdeal like success stories.

5.No, there is no imbalance just lack of clarity in terms of regulation.  These should be similar to 'Internet Service Providers' and just like what is provided over internet is not regulated, OTT should not be regulated either.

Core thing is now mobile is just another way to reach internet, and apps etch all are using internet, so just like we don't really regulating what websites to reach, except for banning a few.  We should have no regulation apart from mantaining a black list of apps.

6. For communication related OTT, regulation should be straight-forward, in case government needs to access records for a particular person, with Judicial approval, then these logs, should be made available. Maintaining logs for 3 months should be more than sufficient.

7.How should the OTT players offering app services ensure security, safety and privacy of the consumer? 

There are already internet based protocols like SSL/TLS, https etc that can be leveraged for secure services.  No additional regulation is required.