The govt will announce Production Linked Incentive scheme for manufacturing of wearables, drones, VR/ AR and IoT products in India this year. At present, there is a demand for 2-3 bn IoT devices, which is expected to increase to 5 bn over the next two-three years. It is the government’s new initiative to boost manufacturing after the Rs 50,000-cr package to attract smartphone and component manufacturing firms to set up base here.
The govt is working on amending the IT rules for intermediaries like Facebook, Google to make them more responsive and accountable for the content uploaded on their platforms; rules are currently being finalised. Section 79(1) of the ITA 2020, grants intermediaries a conditional immunity with regard to the third-party content. The intermediaries, relatable to Article 19(2) of the Indian Constitution, are expected to disable any unlawful content.
The GOI is mulling a law that’d ban cryptocurrencies’ usage in India. Reportedly, the finance ministry has already initiated inter-ministerial consultations. Cryptocurrency usage in India, during the lockdown, rose 10X for local exchangers whereas 545% for global ones; new users rose a humongous 4100%. In 2018, RBI prohibited financial institutions from providing cryptocurrency-related services as it lacked govt stamp. It was changed in March this year.
MeitY may form a set of guidelines to regulate apps’ operations. The new set of guidelines is for firms from neighbouring countries with shared Indian border. One such instruction is to store data within India. Hence, to operate in India, Chinese firms will be compelled to meet strict govt. guidelines right from the start. Also, telecom operators will have to compulsorily store data locally for 3 months. This will enable supervision on anti-national activities.
The Indian government, after banning 59 Chinese apps late last month, has now barred 47 more apps accounting the total number of banned apps to 106. The apps being banned this time were a clone of the previously banned apps like TikTok and Cam Scanner. The full list is yet to be announced. Government is scrutinising 250 more apps including PUBG Mobile, Ali Express, Capcut, Resso, MeiTufor for anti-India activity and breaching user privacy.
India, during the lockdown period, has shown a 56% increase in malicious traffic on the internet, which includes phishing, spamming and scanning of ICT systems, particularly of critical information infrastructure. A report also said, approximately more than one-third of all cyber-attacks worldwide are launched from China. The government has announced that a new policy will be brought up as there are many gaps in the current infrastructure.