Without a doubt, the biggest disappointment of 2024 has to be the fact that India's data protection law is still not in force despite having managed to get through both houses of Parliament in record time in 2023. The rules that were supposed to be issued this year still haven't seen the light of day.
In anticipation of the new law coming into effect, I discussed over the course of the year several issues that still needed to be addressed. In particular, I called for a sensible approach to age-gating—even suggesting zero-knowledge proof tokens as a way out. But none of this will make a difference until the law is brought into force. After all, this is just the first step. We still need to establish a data protection board, put in place mechanisms for audit, cross-border data transfers and the like.
On the other hand, what is most gratifying is the pace at which India's digital public infrastructure (DPI) approach gained acceptance around the world in the span of one short year. I was worried that this might not be the case, given the many concerns that were being raised about the DPI approach. But I should not have been.
Bu hikaye Mint Ahmedabad dergisinin December 25, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Ahmedabad dergisinin December 25, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
We could expect East Asia to spring some surprises in 2025
China, Hong Kong and Vietnam will be under watch for a reason
Inflation targeting: It should not constrain Indian manufacturing
Monetary policymakers should analyse the price dynamics of the entire basket of items that make up India's national income
Full of sound and fury: What the Bard may say of 2024
From central bank actions to Trump's ideas, there was plenty that inspires a Shakespearean look-back
All that glitters is not an auction of pawned gold
Gold auctions have risen lately. A sign of distress? Partly. These are more likely the result of lenders sprucing up their gold-loan portfolios after RBI frowned on risky lending practices
Trump's tariffs will not eliminate the dollar's exorbitant privilege
Exporters to the US may want to shift trade into other currencies but the dollar won't be dethroned
We must approach tech transformations with due care
How we deal with technology is getting highly complex. It's the reason we must exercise fine judgement
Simplifying estate planning: The value of expert guidance
Engaging a professional like estate planning attorney who has expertise in her/his field, is very important.
INTERNATIONAL ETFS ARE TRADING AT A PREMIUM: WHAT SHOULD INVESTORS DO?
Most successful investors remain informed, agile, and approach investments strategically
A BONE THIEF IN UKRAINE'S BACKYARD
Ukrainian officials say the Russians continue their efforts to repatriate the remains of Soviet war dead
AP split leaves state-backed bondholders high and dry
Investors await payments as Andhra and Telangana dispute AP power bonds post-bifurcation
