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India is ahead of the curve in considering the regulation of non-personal data. The July 2020 Report by the government-appointed Gopalakrishnan Committee evaluated several aspects of non-personal data including its monetisation. An analysis of the Report, however, reveals some lacunae and questions on the early nature of the assessment since India has yet not yet established rules on the governance of personal data.
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The central government has announced a stimulus package, a one-time payment solution for liquidity needs. But the real winner will be announcing that all of government, its departments and agencies, should withdraw all domestic arbitration appeals and those it has lost at the tribunal or higher level - and make pending payments. It will positively impact the economy and India’s ratings, and demonstrate efficiency.
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The UN turned 75 this year but instead of grand celebrations, the world witnessed an empty UNGA with world leaders addressing it via video screening because of the pandemic. The UN is under unprecedented stress and being shown up for its inability to tackle the challenges of today like the pandemics, climate change, terrorism or global peace and security. The institution's key governing structures, especially the UN Security Council, are inadequate and demand reform. India must now use gritty resolve to ensure its place in these governing structures.
Courtesy: Prime Minister Office
The recent opening of the Atal tunnel represents the border infrastructure build-up underway for the last 10 years. Multiple other road and rail projects are being implemented, which will connect remote areas along the Line of Actual Control and also support the Indian military’s deployment in the region.
Courtesy: Sky News
Ambassador Neelam Deo, Director and co-founder of Gateway House in the weekly series of podcasts on the U.S Elections analyses the foreign policy agenda of the Democratic government, why COVID-19 will impact voters choice and if Kamala Harris’ connection to India will influence the Indian-American votes
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The current notions of physical ‘permanent establishment’ or tangible locational nexus are not well-suited for the taxation of modern digital economy, especially for taxation of business income, rents or revenue creating activities. In a Covid-19 wrecked global economy, where government revenues are under severe stress, there is a compelling case for a market country or the value-creating jurisdiction to tax the income or rents attributable to the concerned market or location.
Courtesy: Ministry of External Affairs
The visit of Foreign Secretary Harsh Vardhan Shringla and COAS Gen. MM Naravane to Myanmar on October 4-5 will advance this vital relationship at a critical time. As the region’s geopolitics change, India’s Neighbourhood First and Act East policy and Myanmar’s deep-seated instinct for a balanced and independent foreign policy, must ensure that the two countries journey together as companion souls.
Courtesy: Prime Minister of Japan and his Cabinet
Japan's new Prime Minister Yoshihide Suga belongs to the Ganesha Group – an amorphous but important group of short time Members of Parliament without political hereditary. Ganesha or Kangiten in Japanese is the symbol of good fortune in business and also a solver of problems. This is certainly an appropriate mascot for the Suga administration, which will need to resolve pending global issues and develop good business partnerships in the coming years.
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As part of our weekly series of podcasts in the run-up to the U.S. elections, in this episode on the first 2020 presidential debate, Ambassador Neelam Deo, Director and Co-founder of Gateway House, on President Trump’s federal tax, how the ongoing pandemic will have an impact on voter’s choice and the potential of such political debates in India
Courtesy: Wikipedia
Five days before World Maritime Day last week, the former Flag Ship of India’s Western Fleet headquartered in Mumbai – the Aircraft Carrier INS Viraat or R 22 – was towed away to the ship-breaking yard in Alang, Gujarat. This brought down the curtains on Viraat’s glorious career of 58 years at sea. The Indian Navy is awaiting the commissioning of a new aircraft carrier ‘Vikrant’, named after the Indian Navy’s first carrier. Just as it will one day induct another new carrier and name it after the Viraat.