The Evolving Fintech Ecosystem in India
Home to more than 2,100 fintech companies, India is one of the world’s largest fintech markets, after the US, China and the UK. India’s fintech industry valuation is estimated to go beyond $150-160 billion by 2025,
Account Aggregators
Account aggregators (AAs) are entities that facilitate structured financial data sharing from FIPs to FIUs while retaining a record of the consent provided and offering the functionality to manage and rescind consent.
Foreign Direct Investments Policies
Measures taken by the Government on the fronts of Foreign Direct Investment (FDI) policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country.
Production Linked Incentive (PLI) Scheme
In the Union Budget 2021-22, presented on 1st February 2021, the Finance Minister announced an outlay of INR 1.97 Lakh Crores for the Production-Linked Incentive (PLI) Schemes for 13 key sectors, to create national manufacturing champions and generate employment opportunities for the country’s youth.
The Information Technology (IT) Rules, 2021
The Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 were released by the Ministry of Electronics and Information Technology (MeitY) in February.
National Digital Health Mission 2020
The Ministry of Health and Family Welfare ('MoHFW') announced, on 14 December 2020, that the Government of India had approved the Health Data Management Policy ('the Policy'). The Policy was first introduced in September 2020 and forms part of the framework for the National Digital Health Mission, a government initiative to digitise the healthcare system across India.
National Logistics Policy 2020
The vision of the proposed policy is to drive economic growth and business competitiveness of the country through an integrated, seamless, efficient, reliable, green, sustainable and cost effective logistics network leveraging best in class technology, processes and skilled manpower.
Data Protection Bill, 2019
The Personal Data Protection Bill 2019 was tabled in the Indian Parliament by the Minister of Electronics and Information Technology (MeitY) on 11th December 2019. According to Ernst and Young, emerging technologies in India will create $1 trillion in economic value by 2025.
National Policy on Electronics 2019
The Electronics Industry is the world's largest and fastest growing industry and is increasingly finding applications in all the sectors of the economy. The Government introduced the latest draft of National Policy on Electronics (NPE) 2019.
Science, Technology, and Innovation Policy 2020
As India and the world reorient in the present context of the COVID-19 crisis, a new Science, Technology, and Innovation Policy (STIP) was initiated at this crucial juncture during mid-2020
National Strategy On Artificial Intelligence
The Government of India in its Budget of 2018–19 had prioritized building our technology capabilities and mandated NITI Aayog to initiate a national programme to direct the efforts of the Government in the area of artificial intelligence.
National Electricity Policy 2021
NEP 2021 covers multiple areas- grid operation, power markets, regulatory process, energy efficiency, optimal generation mix, transmission, distribution and many more. The draft talks about the creation of Electric Vehicle charging stations, Smart meters, power markets, environment and more.
Remission of Duties and Taxes on Export Products
RoDTEP is an export promotion scheme announced by the Ministry of Shipping, Government of India that replaces the Merchant Exports Incentive Scheme (MEIS) and Rebate of State and Central Levies and Taxes (RoSCTL).
Vehicle Scrappage Policy 2021
On February 1, 2021, Finance Minister Nirmala Sitharaman stated in her annual budget speech, “the government will announce a voluntary vehicle scrapping policy to phase out old and unfit vehicles.” She added, the move will help in encouraging fuel-efficient, environment-friendly vehicles, thereby reducing vehicular pollution and oil import cost.
