Technology has become one of the most important sectors in the country.
Changes in this area can affect daily life in many ways. If the increase in the price of internet data could affect ordinary YouTube visitors, the cryptocurrency policy could also affect those who have invested billions of dollars in digital money.
The Data Management Act and the Cryptocurrency Bill are two of the most important bills to come in India in the field of technology.
The last two years have seen an increase in the number of Indians interacting with the Internet, as in all other countries.
Data Protection Bill
The bill was introduced in Parliament on December 11, 2019, by the then Union IT Minister Ravi Shankar Prasad. But for various reasons, it was not passed. It is back in Parliament during the current winter session of Parliament.
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The law says personal data leaks should be dealt with severely. Similarly, social media, which does not have government intermediaries status, may also go into crisis. The platforms themselves are responsible for the content that users post on such social media. Earlier, Twitter and the government had been at loggerheads over their refusal to grant Intermediate status, but the company eventually relented.
Completely opposes the bill - Congress MP
Congress MP Manish Tiwari, who filed his dissent against the bill, said he was opposed to the bill in all respects. He said in an interview with The Indian Express that the bill has a lot of weapons to use against the general public but at the same time provides security to those in the government sector.
He says the new bill will be valid only in the context of the Supreme Court ruling that declared privacy a fundamental right. He says he is more opposed to Clause 35 of the bill. This is the part where the government gives concessions in terms of data management.
Cryptocurrency Bill
So far, the message has been that the center will completely ban private cryptocurrencies, including bitcoin. But reports from People say that's just what's happening.
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5G is coming
One of the biggest changes next year is that 5G technology will reach many parts of the country by the end of the year. Reliance Jio, Airtel, and Vodafone-Idea have all started 5G testing. Many smartphones now in the country are capable of accepting 5G services.
Jiophone Next
Jiophone Next is the story of Reliance Jio's mission to take up the Make in India mission and launch a smartphone. It was initially rumored that a smartphone would be launched for around Rs 3,500.
For this, Jio has actually teamed up with Google itself. But despite the consensus of Google and Reliance engineers, a phone could not be made at the intended price. Finally, the phone is priced at Rs 6,499 with Qualcomm 215 processor, 16GB storage capacity, and 2GB RAM.
But the company has also made it possible to own a phone on a regular basis. Initially, you have to pay Rs 1999. Then you are given the option to pay Rs 300 to Rs 600 per month. There is also a threat that the phone may stop working if the times are not paid.
Meanwhile, the Samsung Galaxy M01 phone (2GB RAM, 32GB storage capacity) can be purchased for Rs 5,999. With 1GB RAM and 16GB storage capacity, the Galaxy M01 is priced at Rs 4,999. The Redmi Go phone is priced at Rs 6,499. In short, Reliance's attempt to launch a cheaper phone did not see the intended result. It is assumed that the shortage of processors and components caused problems for the company.
Other Indian smartphone makers
Other Indian phone makers include Micromax, Carbon, Lava, Onida, Spice, Videocon, iBall Sync, Intex, and Max Mobile. These two have not yet excelled enough to compete with the Chinese phone makers. Micromax says new handsets are expected to hit the Indian market by 2021.
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Online business area
Reliance, which dominates the telecom sector in the country, is one of its next areas of focus on online trading. The assessment is that Reliance may enter this sector, which is now undeniably dominated by Flipkart and Amazon, in the coming years. To this end, the company's Geomart is now focusing mainly on the grocery business.
Reliance has also reached an agreement with Meta (Facebook) to sell Jiomart products through WhatsApp. According to reports, WhatsApp, which operates under Facebook, has more than 40 crore users. Reliance will try to bring this to their advantage.
The company may also try to bring regular stores under its purview. This way, the company expects the goods to be delivered on the same day. Ambani, Asia's richest company, is aiming to bring millions of stores across the country with them.
As part of this, Reliance has launched an attempt to take over the country's traditional distribution network. This has even led to clashes with distribution companies and Reliance in states like Maharashtra and Tamil Nadu.
