On Internet rules, India now more willing to say ICANN

October 14, 2012
New Delhi, October 14: India has reinvented its position on Internet governance, hoping to become a new voice of reason in what has so far been a deeply polarised global debate.

The change, effected after detailed inter-ministerial as well as multi-stakeholder consultation, is intended to distance India from any model propagating governments taking “charge” or “balkanising” the Internet. It was unveiled at the recent Budapest Cyber Space Conference.

According to Minister of State for Telecom Sachin Pilot, who led the Indian delegation to Budapest, instead of opposing the U.S.-based Internet Corporation for Assigned Names and Numbers (ICANN) and its operations through an earlier proposal called the U.N. Committee on Internet-Related Policies (UN-CIRP), India will pursue enhanced cooperation through wider dialogue.

“In our meetings with Fadi Chehade, the new CEO of ICANN, I have sought far stronger representation of the developing world on the four ICANN Advisory committees”, Mr. Pilot told.

ICANN’s committees include the “At Large Advisory Committee (ALAC), Governmental Advisory Committee (GAC), Root Server System Advisory Committee (RSSAC) and the Security and Stability Advisory Committee (SSAC).

Countries such as Russia, China, Uzbekistan and Tajikistan have been advocating governance models that seek to place the Internet under U.N. control while the U.S. and western states have been reluctant to move away from the status quo position of ICANN-led Internet governance. India had positioned its UN-CIRP proposal as something that would lie in between these two extremes. But while the international debate continues, it is keen to step up its engagement with ICANN which remains, for the moment, the only game in town.

“The extreme views being floated by some countries on Internet governance could lead to the balkanisation of Internet and we are against any such move, including control of Internet by government or inter-governmental bodies. We seek enhanced dialogue and continuation of a working group to find ways to resolve the sharp differences that currently exist,” Mr. Pilot said.

Mr. Pilot’s position is consistent with that of Telecom Minister Kapil Sibal, who maintained at two recent meetings on Internet governance in India in September 2012, that India was firmly against government control of the Internet while seeking consensus among multi-stakeholders to develop an appropriate model for the effective management of the Internet.

India had attracted criticism from the U.S. and from corporate stakeholders who want no dilution of the current ICANN-run system after it presented its UN-CIRP model for Internet governance last October at the 66th General Assembly of the United Nations in New York.

While the UN-CIRP essentially sought a shift from the existing ICANN-run model that is perceived to be too close to the U.S. government, many domestic stakeholders were critical of the lack of consultation in the run-up to the October 2011 statement. Signs of a rethink in the government were evident when senior officials in the ministries concerned refused to entertain questions on the genesis of the UN-CIRP proposal put to them by The Hindu over the past few months.

In the run-up to the Budapest meet, a UPA task-force held closed-door consultations involving the Ministry of External Affairs, Ministry of Telecom and IT, industry bodies and others. Latha Reddy, the Deputy National Security Adviser, coordinated this effort.

On the issue of India’s earlier UN-CIRP model, Mr. Pilot also confirmed, “We are moving ahead with new proposals. While the existing system certainly needs to be changed, India’s position will include multi-stakeholder involvement and not inter-governmental bodies that may have been proposed in the past.”

The Indian government’s changed stance on Internet governance, though subtle, is expected to generate further attention at the upcoming Internet Governance Forum in Baku, Azerbaijan next month, where thousands of delegates representing governments, business, civil society, academia and media from across the world will collect to discuss the issue indian_woman_using_internet


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News Network
May 9,2020

May 9: Two more companies are said to be eyeing stakes in Reliance Jio Platforms, the $65-billion digital unit of Mukesh Ambani-controlled Reliance Industries, suggests a Bloomberg report. If these deals materialise, they would add to a growing list of firms that have recently invested in the Indian company.

US private equity firm General Atlantic was considering investing about $850 million to $950 million in the Mumbai-based company, a Bloomberg report said, citing people with knowledge of the matter.

The deal could be completed as soon as this month, though no agreement had been finalised and plans may change, it added.

Saudi Arabia's Public Investment Fund (PIF) is also considering to buy a minority stake in Jio, Bloomberg said in a separate report.

General Atlantic declined to comment on the report, while Jio and PIF did not immediately respond to Reuters request for comment. Hours earlier on Friday, Reliance Industries announced a $1.5 billion stake sale in Jio to Vista Equity Partners, the third deal in just over two weeks.

The conglomerate cut a $5.7 billion deal with Facebook for a 9.99 per cent stake in Jio on April 22 and a few days later, it secured a $750 million investment from private equity firm Silver Lake.

Together the three deals will inject a combined $8 billion in the telecoms-to-energy group and help it pare its debt.

Vista's investment gave Jio an equity value of Rs 4.91 trillion ($65 billion) and an enterprise value of Rs 5.16 trillion, said Reliance, controlled by billionaire tycoon Mukesh Ambani.

The potential investments from New York-based General Atlantic and the Saudi sovereign wealth fund, which manages over $300 billion in assets, would inject money on top of the $8 billion which Jio has already raised.

Saudi's PIF has been buying minority stakes several companies. Last month, it disclosed an 8.2 per cent stake in coronavirus-hit Carnival Corp, sending the cruise operator's shares up nearly 30 per cent higher.

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Agencies
February 11,2020

New Delhi, Feb 11: With Election Commission">Election Commission's trends indicating a landslide victory for the Aam Aadmi Party (AAP), party chief Arvind Kejriwal expressed his gratitude towards the people of the national capital and said that this is the victory of the people who consider him as their son.

Making his first public appearance after the day's results, Kejriwal made a brief address to supporters in which, AAP chief thanked supporters, outlined his personal connection with citizens and party workers as well as credited his family for their continued support.

"I thank people of Delhi for reposing their faith in AAP for the third time. This is not my personal victory, this is the victory of Delhiites. This the victory of the people who consider me as their son and voted for us," Kejriwal said at party office here.

He also referred to the trends of the assembly polls, as the beginning of a new kind of politics.

"This is the beginning of a new kind of politics. This is a new sign. Only the party will get vote who will built mohalla clinics and good schools... This is the victory of mother India and India. Today is Tuesday, Hanuman-ji's day. Hanumanji ji blessed Delhi today, I thank him. We pray that Hanuman Ji keeps showing the right path to us so that we continue to serve people for the next five years," he said.

According to Election Commission", AAP won 5 seats while the party is leading on 58 seats in 70-member Delhi Assembly. 

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News Network
January 27,2020

Jan 27: Bidders for Air India Ltd. will need to absorb $3.26 billion of its debt, as Prime Minister Narendra Modi’s administration tries once again to sell the national carrier.

The entire company will be sold but effective control needs to stay with Indian nationals, according to preliminary terms published Monday. Bids are invited by March 17 with Ernst & Young LLP India as transaction adviser.

Air India, which started in 1932 as a mail carrier before winning commercial popularity, saw its fortunes fade with the emergence of cutthroat low-cost competition. The state-run airline has been unprofitable for over a decade and is saddled with more than $8 billion in debt.

Indian regulations allow a foreign airline to buy as much as 49% of a local carrier, while overseas investors other than airlines can buy an entire carrier. The government didn’t find a single bidder when it tried to sell Air India in 2018.

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