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Suggestions to DPIIT for building a sustainable deep-tech start-up ecosystem in India

Suggestions to DPIIT for building a sustainable deep-tech start-up ecosystem in India

Public Policy
January 25, 2022 360 0

NASSCOM submitted suggestions to the Department for Promotion of Industry and Internal Trade (DPIIT) to build a sustainable deep-tech start-up ecosystem that focusses on growing innovation in India and for India. Our suggestions f...


Engagement with SEBI for easing provisions related to buyback of own securities

Engagement with SEBI for easing provisions related to buyback of own securities

Public Policy
January 25, 2022 366 0

Globally, buyback of own shares is a key tool, in addition to dividend distribution to manage capital structure. However, the Indian regulatory framework governing buyback of own shares prescribe certain restrictive provisions, th...


Reserve Bank of India: Representation on Facilitating Compliance with Card-on-File Tokenisation

Reserve Bank of India: Representation on Facilitating Compliance with Card-on-File Tokenisation

Public Policy
January 24, 2022 328 0

Backdrop The RBI, on December 23, 2021, had granted an extension to merchants and payments aggregators to purge card-on-file data by six months i.e., till June 20, 2022. After this, the merchants and payment aggregators, i...


Response to TRAI Consultation Paper on Auction of Spectrum in frequency bands identified for IMT/5G (CP)

Response to TRAI Consultation Paper on Auction of Spectrum in frequency bands identified for IMT/5G (CP)

Public Policy
January 21, 2022 318 0 images

We recently submitted our feedback on the TRAI Consultation Paper Auction of Spectrum in frequency bands identified for IMT/5G (available here). Our response to the paper was largely focussed on the aspects dealing with the deploy...


Policy Update: Draft National Air Sports Policy, 2022 (NASP, 2022)

Policy Update: Draft National Air Sports Policy, 2022 (NASP, 2022)

Public Policy
January 12, 2022 399 0

Backdrop The Ministry of Civil Aviation (MoCA) has released the draft National Air Sports Policy, 2022 (NASP, 2022). Through the NASP, 2022, the MoCA intends to promote the country’s air sports sector, by making it safe, ...


Update: RBI releases framework for facilitating ‘Small Value Digital Payments’

Update: RBI releases framework for facilitating ‘Small Value Digital Payments’

Public Policy
January 10, 2022 327 0

Backdrop The Reserve Bank of India (RBI), in August 2020, had announced a scheme to conduct pilot tests of innovative technology that would enable retail digital payments in situations and places with low or no internet c...


NASSCOM’s Feedback: NITI Aayog’s Discussion Paper on Digital Banking

NASSCOM’s Feedback: NITI Aayog’s Discussion Paper on Digital Banking

Public Policy
December 31, 2021 301 0 images

  Backdrop In November, the NITI Aayog released a discussion paper on ““Digital Banks – A Proposal for Licensing and Regulatory Regime for India” (Discussion Paper). It describes the need for, and components of, a propo...


NASSCOM's Feedback: RBI's Report on Digital Lending

NASSCOM's Feedback: RBI's Report on Digital Lending

Public Policy
December 31, 2021 375 0 images

  In January 2021, the Reserve Bank of India (RBI) constituted a working group on digital lending including lending through online platforms and mobile apps. The objective of the working group was to – evaluate kinds of di...


SEBI: Representation highlighting issues relating to related party in Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2021

SEBI: Representation highlighting issues relating to related party in Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2021

Public Policy
December 30, 2021 391 0

As you may be aware, SEBI notified the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2021 (Amendment Regulations) on November 9, 2021, which are effective f...


Feedback on consultation paper on the proposed Health Data Retention Policy

Feedback on consultation paper on the proposed Health Data Retention Policy

Public Policy
December 29, 2021 223 0 images

The National Health Authority (NHA) published a consultation paper on the proposed Health Data Retention Policy in Nov 2021 for feedback from stakeholders. The policy aimed to maximize benefits from usage of this data, while keepi...


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