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RIGHT TO DISCONNECT IN DIGITAL ECONOMY Syllabus: GS-2: ● India and its neighbourhood relations ● Bilateral relations Why in the News? India is witnessing rising concerns over excessive working hours, burnout, and mental health crises in an always-on digital economy. A proposed Private Member’s Bill seeks to legally recognise the right to disconnect, aiming to …
Read MoreUIDAI Unveils Aadhaar Vision 2032 for Digital Future Why in the News? The Unique Identification Authority of India (UIDAI) has launched the Aadhaar Vision 2032 Framework to strengthen India’s digital identity ecosystem through AI, blockchain, quantum computing, and advanced encryption, ensuring compliance with the Digital Personal Data Protection Act and global cybersecurity norms. This vision …
Read MoreChina, ASEAN Sign Upgraded Free Trade Agreement with Focus on Emissions Trading Why in News ? China and the ASEAN bloc have signed an upgraded version of their Free Trade Agreement (FTA 3.0) in Kuala Lumpur, focusing on digital economy, green growth, and supply chain integration amid rising U.S. tariffs targeting both sides. The new …
Read MoreGST Reforms: 99% Goods Shifted to 5% Bracket, Boosting Digital Economy Why in the News? Union Finance Minister Nirmala Sitharaman announced that under the latest GST reforms, 99% of goods in the 12% tax bracket have now moved to the 5% bracket, reducing consumer costs and simplifying the tax system while boosting government revenue. This …
Read MoreFORGING A NEW INDIA-AFRICA DIGITAL COMPACT Syllabus: GS-3: ● India and Foreign Relations ● Digital Internationalization. Why in the News? On May 25th, Africa Day was celebrated, marking the founding of the Organisation of African Unity. It highlighted the continent’s digital ambitions and emphasized the importance of India’s growing role in co-creating affordable and inclusive …
Read MoreGovt Empowers I4C to Combat Money Laundering Why in the News ? The Indian government has authorised the Indian Cyber Crime Coordination Centre (I4C) to share and receive information with the Enforcement Directorate under PMLA. This aims to strengthen efforts in tracing money trails and tackling rising cyberfraud cases. I4C Brought Under PMLA Framework: On …
Read MoreWhy in the News ? The Indian government has scrapped the equalisation levy on digital ads, easing taxation on global tech firms like Google and Meta. The move aligns with U.S. trade negotiations, amid pressure to reduce tariffs before the April 2 deadline. Equalisation Levy and Its Impact: Introduced in 2016, the equalisation levy imposed …
Read MoreWhy in the news? The Indian government is in discussions with the private sector to overhaul the IT/ITeS policy. Aim Increase the IT sector’s contribution to India’s GDP and boost exports. Despite a projected GDP share of 7% in FY24, the software industry’s growth fell short of expectations. source:wordpress About IT Rules 2021: IT Rules …
Read MoreWhy in the news? Ravneet Kaur, Competition Commission of India(CCI) Chairperson, urges regulatory adaptability for digital market competition. Emphasizes the need for innovative analytical tools suited to the digital landscape. Aims to tackle challenges like “algorithmic collusion”. Key Points about “algorithmic collusion”: Algorithmic collusion involves using algorithms or computer programs to manipulate market behavior. It …
Read MoreThe service sector encompasses a wide array of services including insurance, real estate, professional services, financial services, trade, hotels, transportation, communication, storage, broadcasting services, public administration, defense, and more. It’s the sector’s diversity and broad reach that make it essential to the global economy, offering employment opportunities, fostering innovation, and facilitating trade and commerce across …
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