Business

A lot has changed since decades-old IT Act: Tata’s Chandra

A lot has changed since decades-old IT Act: Tata's Chandra

TIL Desk/Business/New York/ N Chandrasekaran, chairman of Tata Consultancy Services (TCS) and Tata Sons, believes that the Digital India Act is a necessity.

“The Digital India Act is a necessity because so much has changed over the decades since the original Information Technology (IT) Act was put in place. I am glad the government is developing a participative approach to developing the Digital Act,” he said, while answering shareholders at TCS’ 27th annual general meeting.

Minister of State for Electronics and IT Rajeev Chandrasekhar a few months ago had said that the government would shortly roll out the Digital India Act — a renewed policy for the digital ecosystem and cyberspace in the country.

Chandrasekaran also stated that the world economic situation has quickly changed. Russia-Ukraine stand-off, supply-chain shocks from higher oil prices, gas and semiconductor shortages point towards a globally sluggish growth and high inflation environment.

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