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One-Day National Workshop: Catching-up in the Digital Economy: Identifying India’s Policy ChallengesFriday 31st, January 2020
January 31 @ 10:00 - 17:00 UTC+5.5
The Concept Note
The ISID is organising a One-day National Workshop on ‘Catching-up in the Digital Economy: Identifying India’s Policy Challenges’ at the Institute premises on Friday 31st, January 2020, in collaboration with the Department of International Relations and Governance Studies, Shiv Nadar University (SNU).
As the digital techno-economic revolution envelops more and more sectors, India’s ability to effectively handle the ongoing digital transformations demands an economy-wide approach. The continuing expansion in the use cases of digital technologies will drive increased demand for digital devices of all kinds. It is the information and communication technologies (ICT) sector that provides the products and services for the digital economy. If India is not to witness its import dependence rising manifold across sectors, we need to address the question of what ails the policy environment for India’s ICT manufacturing ecosystem.
The very nature of digitalisation also means that both opportunities for new business models as well as most future innovations will be built around data-based analytics and intelligence. Therefore, the regulatory framework in relation to data ownership and access to data has critical implications for developing competitive advantages for India’s domestic firms in existing and emerging new technologies. The dominance of foreign digital corporations, whether in e-commerce, finance, healthcare or in other sectors also create significant new policy challenges related to FDI, M&As, competition, etc. At the same time, India faces significant challenges in the context of the various international negotiations occurring in the areas of trade and industrial policies as well as in e-commerce, cross-border data flows, etc.
The One-Day National Workshop aims to deliberate these multi-faceted challenges in policymaking. Experts from academia, along with representatives from the ICT industry, bureaucracy and civil society will identify the gaps in the prevailing regulatory environment and come forth with policy recommendations from a system-wide perspective.