In this blog post, we take a look at the key highlights from the Union Budget 2022-23, as tabled by the Union Finance Minister in the Parliament of India on 01 February 2022. On 1 February, Indian Finance Minister Nirmala Sitharaman (FM) announced the Union Budget (Budget) for FY 2022-23 and described its key takeawaysRead more
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A detailed clause-wise analysis of the Parliamentary committee’s report on India’s data protection law. On 16 December 2021, the Joint Parliamentary Committee on the Personal Data Protection Bill, 2019 tabled its report in Parliament. The committee recommends expanding the Bill’s scope to include non-personal data, imposing greater restrictions on cross-border data flows, removing the tradeRead more
This blog post discusses the key announcements from the Union Budget 2021-22, as tabled by the Union Finance Minister in the Parliament of India on 01 February 2021. Introduction: After the release of the Economic Survey of India,1 the Union Finance Minister tabled the Union Budget in the Parliament; discussing its key highlights in herRead more
India’s proposed data protection law introduced in Parliament in 2019 is being reviewed by a joint parliamentary committee. This piece discusses implications of the proposed law on the Indian startup ecosystem. Rahul Seth and Anirudh Rastogi India’s proposed data protection law, the Personal Data Protection Bill, 2019 introduced in Parliament late last year, is currently beingRead more
The Indian government’s endeavour to regulate the collection and use of personal data dates back to 2012 when the A.P. Shah led committee released its report on privacy[1]. Seven years hence, the much awaited Personal Data Protection Bill, 2019 (“2019 Bill”)[2] was introduced by the Ministry of Electronics and Information Technology in the seventeenth Lok SabhaRead more
The Steering Committee on Fintech Related Issues (‘Committee’), set up by the Ministry of Finance, recently issued its report (‘Report’)[1], in which it takes stock of developments in the fintech space, globally and in India. It makes 45 recommendations to enable fintech, particularly in critical sectors of the economy, and to promote ‘ease of doingRead more
Feminine hygiene is a $20 billion industry but has failed to see any major innovation in the past decade, reports Technavio. Consumer attitude towards hygiene products, however, is changing and entrepreneurs are recognising the need to innovate and cater to this emerging market. A conservative attitude towards mensuration and female hygiene in rural as wellRead more
Aparna Sai and Ranajit Dam cover Ikigai Law’s views in their article “Start-up Nation” in the June edition of Asian Legal Business. The article discusses how the startup practice is evolving for law firms and how lawyers are playing a critical role in the development of the sector. Here are some excerpts: Anirudh Rastogi, founderRead more
This article argues that India’s draft National E-Commerce Policy will harm its startups. An edited version of this article was first published in the Economic Times on Saturday, 16 March 2019. The version published by the Economic Times is also available online, here. About two months from now, the US government will start to imposeRead more
Context: In response to the Ministry of Electronics and Information Technology’s (“MeITY”) call for comments on the Personal Data Protection Bill, 2018 (“Bill”), Ikigai Law and Inc42 submitted a consolidated set of comments reflecting the views of certain startups on the proposed law. These comments were published in connection with ‘The Dialogue’[1] – a roundtableRead more