wordpress blog stats
Connect with us

Hi, what are you looking for?

Summary: IAMAI’s 70 recommendations for India’s $5 trillion economy plan

data

Finance Minister Nirmala Sitharaman had indicated in her budget speech that technology and digitisation will play a crucial role in achieving the $5 trillion milestone by 2024. According to a new report by Internet and Mobile Association of India (IAMAI), data governance, cybersecurity, encryption, and surveillance, cloud computing, AI, and Internet of Things should be the policy focus areas. Reconsidering data localisation norms, encouraging a free flow of data across borders, simplifying KYC norms for digital payments are among the IAMAI’s 70 recommendations for a policy on digital technology. These recommendations will set as guiding principles for the government, regulators and other stakeholders while developing the digital technology policy in India, the IAMAI said. Ikigai Law authored the report. The key recommendations have been summarised below: 1. On digital connectivity infrastructure Recommendation 1: Prioritise the implementation of National Digital Communication Policy's (NDCP) goals and key recommendations. It recommends development of “regulatory frameworks and incentives for promoting the establishment of international data centres, content delivery networks and independent interconnect exchanges in India”. It also emphasises the creation of enabling infrastructure for the convergence of IT , telecommunications and broadcasting services. Recommendation 2: Ease licensing and regulatory requirements for telecommunication services: The government should focus on boosting foreign investment and should facilitate the development of next-generation technologies. These reforms should allow companies that are not traditionally licensed telecom players to participate in the provision of telecom services. Recommendation 3: Improve the efficiency of implementing agencies such as Bharat Broadband Network Limited as this could potentially act…

Please subscribe/login to read the full story.
Written By

Free Reads

News

Amazon and Flipkart are opposing untested ex-ante regulations modeled according to the EU Digital Markets Act in India, saying the current system is already...

News

As per a report, Apple has been testing its own large language model (LLM) since last year but its technology remains behind the AI...

News

Telecom companies are against a regulatory sandbox, as they think information revealed by businesses during the sandboxing process might be confidential should be out...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ