ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Digital TechnologySubscribe to Digital Technology

Financial Inclusion and Remittance Services

Using the Global Findex survey data, the various factors that may impact the use of banks and digital channels for remitting money have been explored. The cross-country analysis shows that while many people send/receive remittances in low-income countries, they are still transmitted through informal channels. In India, it is observed that the use of financial institutions/mobiles as remittance channels have improved from 2017 to 2021, especially for the lower-income people. The econometric analysis conducted for both conventional and digital modes of remittance transmission shows that while the banking infrastructure matters for formal remittance transmission, the poorer countries are able to address the problem of lack of adequate infrastructure by using the mobile platform.

Unpacking the ‘Industry 4.0’ Narrative and Its Implications

Examining the digital technology systems underlying the ongoing industrial transformations towards cyber–physical production systems, this article argues that the “industry 4.0” narrative prevents India from recognising that digital technologies are all mediated by information and communications technology hardware, software and other electronics products, along with other software-embedded devices/machinery. Getting entrapped in the big tech-driven industry 4.0 narrative and its neo-liberal interpretations will severely curtail India’s ability to formulate the combination of policies that will reduce forex drain from our digital consumer economy.

Beyond a Technological Understanding of Technology

Technology strategies routinely overlook the marginalised, who demonstrate complicated, non-linear, and unpredictable technological experiences in addition to intangible technological inequalities. Only if we improve our political and sociological understanding of technology can we steer it to work towards genuine modernity and well-being.

Cybersecurity Regulatory Landscape in India: Digitisation on the Hook?

The COVID-19 pandemic brought to the fore digital technology that not only facilitated a swift response but also greased the wheels of the economy by enabling work from home and online business, among others. However, digitisation has accelerated the need for cybersecurity and its regulation. The article critically examines the technical meaning and legal definition of “cybersecurity.” The Information Technology Act of 2000 and rules made therein have, in an incremental manner, build the legal edifice for cybersecurity. Nevertheless, the rapid advancement in technology (IoT, AI, Cloud, 5G) and its diffusion has made the protection of “critical information infrastructure” vulnerable. There is a need to identify the “critical sectors”—health, space, election and assess the obligation on the private sector to share threat information and cyber incident demands recalibrating the current cybersecurity governance in India.
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