Reuters did not give information about the reasons for Reuters’ resignation in the report citing two sources. Archana refused to comment on this. driving google company Alphabet has also not commented on this. Google is also facing tough regulations for the tech sector along with antitrust cases in India. The Competition Commission of India (CCI) is probing Google’s business practices in the smart TV market, its Android operating system and in-app payment system. Sources said that the decision of CCI may come soon in this regard.
At Google, Archana had the responsibility of leading a team of public policy executives. This team monitors the regulatory requirements for the company in the country. Archana, a central government employee for many years, was joint secretary for digital communications at the government think tank, NITI Aayog, till March last year. Prior to this, she has also worked in CCI as a senior officer for two years. Big tech companies have hired many former central government officials. This helps them to meet the requirements of data and privacy regulations as well as competition law. Recently Google has been asked by the government to implement strict rules to stop the use of illegal lending apps. The Ministry of Electronics and Information Technology ((MeitY) and the Reserve Bank of India (RBI) have directed Google to crack down on these apps. The RBI recently asked lenders to ban digital lending after rising fraud cases in the digital lending segment. Had asked to make strict rules for services.
Its purpose was to protect the borrowers from forgery. Google has changed its Store Developer Program policy for financial services apps. This includes additional terms and conditions for personal loan apps. To crack down on illegal digital lending platforms, the government and the RBI have asked Google to step up scrutiny and ensure that only loan apps approved by the regulator are available for download on the Google Play Store. Along with this, Google has also been asked to reduce the distribution of these apps through websites and other means of download.
(This news has not been edited by NDTV team. It is published directly from syndicate feed.)
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