This is the world's cheapest smartphone and it costs £2.75

Let's forget for a moment how OnePlus, Huawei and Xiaomi can churn out premium phones at mid-range prices. When a smartphone with Android 5.1 Lollipop and a quad-core processor can sell for £2.5, there's little anybody else can do to compete.

An Indian start-up phone maker called Ringing Bells has launched Freedom 251, a 4-inch smartphone running Android 5.1 and offering pre-installed apps like Facebook, YouTube, Google Play and WhatsApp.

Costing Rs 251, or just £2.5, Freedom 251 supports 3G connectivity and comes with a 1.3 GHz Quad-core Processor which works with 1GB of RAM to power the phone. There's an internal storage of 8GB but there's space for 32GB more via a microSD slot.

The cameras in Freedom 251 aren't too spec-rich with 3.2MP and 0.3MP resolutions, but if the phone itself is cheaper than most camera sensors, what would you expect?

Freedom 251 comes with a 4-inch display with a qHD resolution which, though not suitable for HD movies or games, can offer a view bright enough to let you work through the day. There's also a 1,450 mAh battery which seems adequate for now but running it for an entire day would surely be a strain.

Apart from popular social media apps, Freedom 251 will also come pre-loaded with apps that are useful for people like Swachh Bharat (Clean India), women safety, medical help and that offer tips on farming.

Ringing Bells is one of those start-ups that benefited from the Indian Government's Make In India program which aims at shoring up local manufacturing. The company has also launched a pricier 4G smartphone which costs £30 and aims at bringing in phones that everyone can afford.

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