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Creating a fair digital payments market -Padmashree Gehl Sampath

-The Hindu Local firms will be at a disadvantage if big tech companies are given plum roles Since early last year, WhatsApp has busily piloted its payment system in India. WhatsApp Pay relies on the Indian government’s Unified Payments Interface (UPI) system to facilitate inter-bank transactions. Regulatory approval that would allow its nation-wide introduction is stuck on one point: the Indian government has asked WhatsApp to localise all data processing related to...

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Explained: Why the world is debating data flow -Karishma Mehrotra

-The Indian Express Should data be allowed to flow freely or localised at source? As IT Ministry prepares to present data protection Bill in Parliament and countries argue at global forums, a look at both sides of the debate. The IT Ministry’s Bill on data protection is scheduled to be introduced in Parliament during the current session. Worldwide, the data flow debate is playing out at the World Trade Organisation (WTO)...

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India lost over Rs.90,000 crore to trade misinvoicing, says GFI report

-Livemint.com * Of the total estimated revenue losses, approximately $4 billion was due to export misinvoicing and approximately $9 billion due to import misinvoicing * Almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from China New Delhi: India lost a staggering $13 billion, over Rs.90,000 crore, to trade misinvoicing, equivalent to 5.5% of the value of the country's total revenue...

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Don't dilute the RTI and the forest rights Acts -Gautam Bhatia

-Hindustan Times It is also important to remember that both these laws were the product of sustained, grassroots-level social movements. Consequently, perhaps the surest remedy against possible future dilution may lie not in judicial challenges (although that remains important), but in popular mobilisation. With the 2019 general election yielding a decisive mandate for the National Democratic Alliance (NDA), attention will soon turn to the new government’s legislative agenda. As the government is...

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Is 'Right to Work' More Important Than 'Minimum Income Guarantee'? -Dunu Roy

-TheWire.in Various remedies are being suggested to tackle the growing rate of unemployment, but are they in tandem with the needs of the workers? Two issues were concealed under the din of elections. The first is the depth of the agrarian crisis with rising costs, falling prices and diminishing livelihoods. The second is the declining rate of employment in urban India, even within the informal sector, and the tumult among the youth...

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