Plans have been drawn up for over 45 DCs spanning 13 mn sq ft and 1,015 Mw of IT capacity that will come up in India by end-2025
Of the accounts barred, 1.42 million were "proactively banned," before any reports from users
On an average over 90 lakh direct benefit transfer payments are being processed in India daily to send money directly into the account of eligible beneficiaries of government schemes, an official statement said on Thursday. According to data shared by the Ministry of Electronics and IT, on average 28.4 crore digital transactions are performed in a day. "India is today leading the world in digital payments in particular and also becoming pre-eminent country in use of technology to improve citizens lives. Governance - The India stack and other various digital government solutions are now envy of the world's nations. India leads digital and digital leads India thanks to PM Narendra Modi Ji's vision," minister of state for electronics and IT Rajeev Chandrasekhar said in the statement. More than Rs 24.8 lakh crore has been transferred through Direct Benefit Transfer (DBT) mode since 2013, Rs 6.3 lakh crore in the financial year 2021-22 alone; on an average over 90 lakh DBT payments are .
The government is looking to promote more than 10,000 startups in the next 5-6 years under the GENESIS programme, Ministry of Electronics and IT (Meity) Secretary Alkesh Kumar Sharma said on Tuesday. Kumar also said he has not seen any startup running for funds and instead they are looking for growth opportunities through various means. "Funding is not an issue. We are now moving to level next where Genesis is coming. We are going to launch. We are going to promote 10,000 startups in the next 5-6 years," Sharma said. He was responding to question about possible funding winter that could lead to shortage of funds for startups. In July, the government launched the Digital India GENESIS (Gen-Next Support for Innovative Startups). The programme has an outlay of Rs 750 crore. Sharma participated in a briefing session with various startup representatives to understand their issues. Representatives of KidEx, Teralumens, iMumz, Recur Club, AyuRhytm, KrishifyFarmstock, BlueSemi R&D Pvt ..
MSH has launched schemes with total corpus of Rs 700 crore, intends to bring corporate and national start-up mentorship ecosystems on a single digital platform
Rajeev Chandrasekhar said that Indian companies have a role to play in the country's electronic ecosystem but it does not mean exclusion of foreign brands
Infosys has decided to reduce the average variable payout of employees to 70 per cent due to falling operating margins in the first quarter (Q1) of 2022-23
The IT rules, 2021, require significant social media intermediaries (SSMIs) appoint a resident grievance officer to decide on content-related complaints
The six-member Monetary Policy Committee (MPC) of the RBI hiked the policy repo rate by 50 basis points to 5.4 per cent - a three-year high - owing to inflation concern
The government has issued 105 directions to social media platforms under the new IT rules that came into effect in February last year, Parliament was informed on Friday. According to information shared by minister of state for electronics and IT Rajeev Chandrasekhar in a written reply to Rajya Sabha, the directions were issued by the Ministry of Information and Broadcasting under the new rules. The data shared by the minister shows that 94 directions to block content was issued to YouTube between December 2021 and April 2022, five to Twitter, and three each to Facebook and Instagram. Chandrasekhar said that the government's policies are aimed at ensuring open, safe and trusted and accountable internet for its users. He said that the government has notified the Information Technology (Intermediary Guidelines and Digital Media Ethics Codes) Rules, 2021 ("IT Rules, 2021") on February 25, 2021 to make intermediaries including social media platforms accountable to their users and enhanc
While admitting that keeping precise count of social media platforms is not possible, the Central government said that all significant social media intermediaries are complying with concerned rules
At present, social media platforms are required to disclose their compliance with IT rules 2021 every month where they disclose action taken by them in response to various grievances
'Comprehensive' legislation to come, says minister
The Bill has been withdrawn to provide for a new bill in the light of the recommendations made by the Joint Committee of Parliament
DoT and MeitY to issue blocking order for domain names identified by Meesho in suit
'Data protection law that we have mentioned, it's not there yet. It's on its way, but it's a fundamental part of the federated digital ID structure and is a must-have that structure moving forward'
The IT ministry will review actions taken by significant social media intermediaries, both voluntarily and in response to official notices in India as well as other nations
Twitter said that the IT ministry has recently ordered to take down 1,474 accounts, and 175 tweets
A remote attacker could exploit these vulnerabilities by sending specially crafted requests on the targeted system
On June 27, the Ministry of Electronics and Information Technology issued a notice to the Chief Compliance Officer of Twitter Inc, giving the company 'one last opportunity'