2023 Year in Review: Top policy changes that impacted the technology industry
ETtech recaps the top tech policy developments of 2023 and its significance.
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The government has proposed to set up a data protection board (DPB) that can impose penalties, summon data fiduciaries, inspect the books and accounts or statements and even suggest to the government to block internet intermediaries.
PLI for IT hardware: In May, the government notified the second phase of the PLI scheme for IT hardware with a budgetary outlay of Rs 17,000 crore. It received proposals from 40 companies with expected incremental investments of Rs 5,010 crore, of which it may approve 10. Companies such as HP India, Lenovo India, and Flexotronics are likely to see their proposals approved.
The doing and undoing of SROs for online gaming: In April, the Ministry of Electronics and Information Technology (MeitY) notified the final rules for online gaming. These rules proposed setting up of self-regulatory organisations (SROs) that would certify whether a game is allowed on the Indian internet.
The intention behind these was to firstly stop real money gaming that allowed users to wager on an outcome, and secondly to create a framework to keep a check on aspects
