These two headlines caught my attention in this morning's newspaper. Juxtaposed next to each other, both of them make the patriotic Indian in me jump with joy - these are the kinds of news headlines we longed for since adolescence. Albeit, while the adolescent me would have jumped with joy on reading these, the older mature me is circumspect, even borderline skeptical of the effect these will have on the Indian economy in general, and well being of Indians in specific. My skepticism follows from a series of policy news that has been emanating from the South Block off late. On 3rd August, Government of India (GOI) banned the import of laptops and other electronics used heavily in India's booming IT sector. Prior to that, as a post pandemic stimulus measure for Make In India, the Modi administration had announced several PLI Schemes ( Production Linked Incentive ) for various sectors. These schemes claim to incentivize setting up of industries in strategic sectors or expedite the
Image generated by Microsoft AI Designer Few weeks ago I commented that the India-US collaboration is missing the key subject of Data Protection law. The Data Protection Bill was still in 'draft' stage then, and now that its been passed by the parliament, I got reading it. While my misgivings about Data privacy not being featured in India-US discussions as well as my reservations about the Bill excluding governments and regulators from its purview, continue; I must say that the the law itself has come out as a nicely drafted piece of legislation, and a departure from the legalese of other countries' laws such as EU's GDPR and CCPA/CCPR in California, United States. Firstly , the language of the bill is quite lucid and easy to understand - for people like me who are not lawyers, the language was quite easy to understand and digest. Not just simple language, but the Act includes Illustrations within its text to clarify the meaning and intention of different clauses - wh