The indian government on thursday released new rules to regulate social media companies, OTT streaming services, wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital news outlets, among others in a bid to introduce a major change in legislation to assert more control over powerful Big Tech firms, and warned that ‘double standards of social media will not be acceptable’. There will now be a Code of Ethics and a three-tier grievance redressal framework that OTT platforms and websites will have to adhere to. The rules are said to empower users of social media, said Union IT minister Ravi shankar Prasad.
This is the first time such rules are being enforced that will also apply to wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital news organizations like ourselves, social media platforms and OTT streaming services. The new rule is called ‘The Information technology rules’. Highlighting the misuse of social media in the country, shankar PRASAD.' target='_blank' title='ravi shankar prasad-Latest Updates, Photos, Videos are a click away, CLICK NOW'>ravi shankar prasad said that the government wants social media platforms operating in the country to introduce a mechanism for better verification of users. prasad said that the "significant social media" rules need to be implemented within three months.
Under the new Information technology Rules, 2021, the government plans to mandate social media companies like facebook and twitter to erase contentious content as early as possible, but not later than 36 hours, after a government or legal order. While the new rules for social media and other wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital platforms will be governed by the IT Ministry, the Information and Broadcasting Ministry will be the governing body for rules concerning streaming platforms. Referring to films and other entertainment, including web-based serials, the draft rules called for a “classification rating” to describe content and advise discretion.
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