News-Tech firms have a key role in preserving open and democratic society. Most often technology is perceived to be an enabler for democracy. Do Democracy and capitalism work on similar philosophical foundations? Although both democracy and capitalism uphold liberty as a core value, they also sometimes show inconsistencies. While capitalism leads to an asymmetric distribution of private property ownership, democracy… Continue reading “Technology can either save or doom capitalism”
Tag: DIGITAL ECONOMY
On Cryptocurrency regulation – Arguments against regulating Cryptocurrencies are very weak
News: Despite all the arguments being put forward for non-regulation of Cryptocurrency, government should push forward and regulate it. Why Cryptocurrencies need to be regulated? – Self-regulation is not the solution: Once one exchange puts out a misleading advertisement, making false claims of higher returns, rival exchanges are left with no choice but to match… Continue reading On Cryptocurrency regulation – Arguments against regulating Cryptocurrencies are very weak
Rumblings of the coming central bank digital currency
News: A senior RBI official has said that the pilot launch of a new central bank currency could happen as early as the first quarter of next financial year. A lot of the ongoing debate on an Indian CBDC is focused on what RBI should do, and far less attention is paid to the equally… Continue reading Rumblings of the coming central bank digital currency
Cybercrime went up by 500% during pandemic: Chief of Defence Staff
What is the News? The Chief of Defence Staff has delivered an inaugural address of the 14th edition of c0c0n, the annual cyber security and hacking conference. What are the key highlights of his address? Increased cybercrime Incidents: Cybercrimes have gone up by almost 500% in India during the Covid-19 pandemic. Dependence on Technology: During… Continue reading Cybercrime went up by 500% during pandemic: Chief of Defence Staff
Shipping Minister launches ‘MyPortApp’ for digital monitoring of port operations
What is the news? Union Minister for Ports, Shipping and Waterways launched a port mobile application called “MyPortApp” in Kolkata today. Also, inauguration of a 1 Mega Watt solar plant in Haldia port to produce renewable energy for port operations. What are some key features of the “MyPortApp”? The App includes all port details digitally and monitor operations virtually, is aimed to promote… Continue reading Shipping Minister launches ‘MyPortApp’ for digital monitoring of port operations
Shri Bhupender Yadav launches DigiSaksham- a joint initiative of Labour Ministry with Microsoft India to enhance the employability of youth
Contents1 What is the news?2 About the DigiSaksham programme3 The immediate focus of the DigiSaksham programme4 Significance of DigiSaksham programme5 About the National Career Service (NCS) Project What is the news? The minister for Labour and Employment has launched a digital skills programme (DigiSaksham) to enhance the employability of youth by imparting digital skills that… Continue reading Shri Bhupender Yadav launches DigiSaksham- a joint initiative of Labour Ministry with Microsoft India to enhance the employability of youth
The war for digital talent: India can emerge as a global hub for it
Synopsis: Tech skills are in short supply globally. The article lists five measures that we should take that will help India lead efforts to close the gap. Introduction The pandemic has accelerated the digital transformation of enterprises, creating enormous opportunities for all organizations. This sudden acceleration in demand has led to a war for digital… Continue reading The war for digital talent: India can emerge as a global hub for it
Bureaucracy’s digital challenge
Synopsis: If civil servants don’t use social media appropriately, their role as independent advisers stands threatened. Introduction The article highlights the good use of social media in bureaucracy to make it more effective and public-friendly. Why using social media by civil servants is considered wrong? Indian Bureaucracy is characterized by hierarchy, formal relationships and standard… Continue reading Bureaucracy’s digital challenge
PM highlights importance of fintech, warns against covid
Contents1 What is the News?2 What are the issues he has talked about?2.1 On Digital Inclusion Initiatives2.2 On Namami Gange Programme2.3 On Azadi ka Amrit Mahotsav What is the News? The Prime Minister has addressed the 81st edition of his monthly radio programme Mann ki Baat. What are the issues he has talked about? On… Continue reading PM highlights importance of fintech, warns against covid
SC introduces FASTER system to send records
Contents1 What is the News?2 What is a FASTER System?3 What is the significance of the FASTER system?4 What is the progress on the implementation of the FASTER System? What is the News? The Supreme Court has approved the use of an electronic system named FASTER (Fast and Secured Transmission of Electronic Records) for the… Continue reading SC introduces FASTER system to send records
