While no major overhauls are anticipated, these areas will shape ongoing discussions and set the groundwork for a long-term action plan for the government.
The Digital Personal Data Protection (DPDP) Act, passed in August 2023, remains a key focus for the ministry of electronics and information technology (MeitY). Drafting rules to implement the Act is in its final stages, with consultations expected post-publication. "The rules will clarify critical aspects such as consent management, particularly for minors, and exemptions for specific entities or use cases," said Dhruv Garg, partner at the Indian Governance and Policy Project (IGAP).
Even after the rules are notified, a phased implementation is expected to span 18-24 months, providing companies and government departments adequate transition time. A crucial factor in the Act's success will be the resources allocated to the Data Protection Board to ensure robust enforcement and compliance.
This story is from the December 27, 2024 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 27, 2024 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Smart Cities Mission: School enrolment up 22%
STEPS TAKEN UNDER the Smart Cities Mission have led to a 22% increase in school enrolment in 19 cities and improved real-time tracking of criminal activities, according to two studies by the Indian Institute of Management, Bangalore.
South steals the spotlight
Hits from Hindi film industry in post-Covid era have been fewer and far between
Does India want BGT win or Rohit back in form?
In case openers KL Rahul or Yashasvi Jaiswal had been struggling, Rohit's elevation would have made sense. But with his form, the change of batting order wasn't really warranted
Byju Raveendran: From boom to bust
BY EARLY 2024, these issues culminated in severe consequences. US-based lenders initiated bankruptcy proceedings against Byju's to recover outstanding loans, and back home, the ministry of corporate affairs launched investigations into its financial practices.
UltraTech to buy stake in Star Cement
BOTH THE PLAYERS are snapping up small cement players to consolidate their positions and achieve their targeted growth ahead of time.
Jewellery units lose sheen on weak Rupee
The demand in East Asia, however, has been tepid.
IIFL Home Finance expects 15% AUM growth in FY25
Looking at stock market listing, but no timeline yet
US airline stocks beat market
A RECORD YEAR FOR AIR TRAVEL
Nissan shares decline most since August
NISSAN MOTOR'S SHARES declined the most since August's market rout, amid volatility as investor focus shifts to the terms of the carmaker's planned deal with Honda Motors.
Squid Game stocks tank
A LESS-THAN-PERFECT debut for the new season of Netflix's blockbuster series Squid Game sent shares of related South Korean companies sharply lower Friday.