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C4i4 is a part of the Government of India's Samarth Udyog initiative, and aims to hand-hold micro, small and medium enterprises (MSMEs) in the journey towards digitisation. Though MSMEs account for 45% of manufacturing output and 40% of exports, almost 90% of them lack access to markets beyond their limited geography. C4i4 helps them scale productivity and quality, and compete in global markets.
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As new technological advances take place every day, India must keep up. While the U.S. is still a front-runner in defence technologies, China and Russia are catching up quickly. In order to counter this, India can insert itself into the pre-existing bilateral co-operation between the U.S. and Israel. Sameer Patil, Fellow, International Security Studies Programme tells us how.
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Individuals now generate copious amounts of personal data everyday – both online and offline. Devices and infrastructure extract data, which can be shared instantly across borders with diverse entities - without consent. It is imperative that countries come together to create regulations to protect individuals who are unable to control how their data is shared and processed. A model already exists in the Paris Climate Agreement.
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Big Tech wields considerable influence over commerce, speech, media, and politics. Mergers and acquisitions have been key to their burgeoning growth. Now it is clear that their power is buttressed by anti-competitive and predatory practices. Governments across the world are moving to redress this through regulation, but the task is complex.
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With the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 set to be introduced during parliament’s on-going budget session, India is now ready to introduce its own official digital currency—following in the footsteps of China and Russia. So far, Indian regulations prohibited the public from trading in crypto-currencies. However, the investor community has an interest in them, as an asset that is not subject to government devaluation, unlike regular fiat currency in circulation. This infographic traces the evolution of crypto-currencies since the launch of Bitcoin in 2009.
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Social media platforms such as Twitter and Facebook have come under global scrutiny in recent months following their use to incite or misinform the public. For years, governments around the democratic world have not taken the responsibility to adequately regulate these platforms. Now that may be changing – and it won’t be easy.
In preparing India for its G20 Presidency, domestic standards must be strengthened to reflect globally. The chaotic nature of the Global Digital Infrastructure requires a champion in standard setting and developing regulatory frameworks. India and Canada, both founding members of the Global Partnership on AI with the OECD may influence the multilateral system.
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India is ahead of the curve in considering the regulation of non-personal data. The July 2020 Report by the government-appointed Gopalakrishnan Committee evaluated several aspects of non-personal data including its monetisation. An analysis of the Report, however, reveals some lacunae and questions on the early nature of the assessment since India has yet not yet established rules on the governance of personal data.
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With Oracle, Walmart and U.S. venture capitalists now holding the majority of TikTok Global’s shareholding, China’s closed digital world gets a breather, and the possibility of a truly open global Internet, gets a blow. China has won this round.
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The Covid-19 pandemic has accelerated geopolitical changes. Countries around the world are becoming increasingly concerned about the nature of China’s global advances. China, at the urging of President Xi Jinping, is pursuing technological goals and investment programs to build a China-centric global model, not to mention its militarization of the South China Sea and its clampdown on Hong Kong.
