Dr Shefali Dash at the Defining Responsibility Framework, an India 2047 - Centre of Excellence Workshop

Dr Shefali Dash

Dr Shefali Dash

Former Director General, National Informatics Centre

  • Corporates must allocate funds for CDR implementation and to be made mandatory.
  • Adequate financial resources are crucial for investing in infrastructure and technology.
  • A dedicated monitoring body to oversee CDR implementation shall enforce compliance and ensure adherence to allocated funds.
  • Regular monitoring and reporting mechanisms necessary for accountability.
  • The monitoring body should assess effectiveness and propose corrective measures as needed.
Financial Allocation for CDR Implementation

Financial Allocation for CDR Implementation

  • Corporate entities must allocate funds to implement CDR to ensure its viability.
  • This allocation should be included in each corporate entity's annual budgeting process, making it a mandatory component of their financial planning.
  • Just as funds are allocated for other regulatory compliance measures like KYC (Know Your Customer), similar provisions should be made for CDR implementation.
  • Adequate financial resources are essential for the successful implementation of CDR, enabling corporate entities to invest in necessary infrastructure, technology and personnel.
Establishment of a Monitoring Body

Establishment of a Monitoring Body

  • A dedicated monitoring body or regulatory authority should be established to oversee and regulate the implementation of CDR.
  • This monitoring body should have the authority to enforce compliance with CDR requirements and ensure that corporate entities adhere to the allocated funds for its implementation.
  • The monitoring body should be responsible for assessing the effectiveness of CDR implementation, identifying any gaps or issues and proposing corrective measures as needed.
  • Regular monitoring and reporting mechanisms should be put in place to track progress and ensure accountability in the implementation of CDR.
Dr Shefali Dash

Participants at the Workshop Defining Responsibility Frameworks