India has started working to draft a policy on Internet of Things. The topic on everyone’s lips has the potential to create a $15 billion market by 2020; Companies are already investing to try inserting themselves into this sprouting market and the government is determined to take its chance in laying the foundations to make it happen. After a productive workshop that actively involved stakeholders from academia and related industry experts, the Department of Electronics and Information Technology (DeitY) has developed a first draft. The document is focussed on the best standard and governance to adopt, as well as other five core components: demonstration centres, capacity building and incubation, R&D and innovation, incentives and engagements and human resource development. Furthermore a budget to sustain IoT expansion has already been allocated to implement about a hundred of smart cities to offer services such as smart parking, intelligent transport system, telecare, woman safety, smart grids, smart urban lighting, waste management, smart city maintenance, and digital-signage and water management. To improve the policy, DeitY has invited public opinion to send feedback on the work already done. The gLAWcal Team LIBEAC project Thursday, 23 October 2014 (Source: The Economic Times) This news has been realized by gLAWcal—Global Law Initiatives for Sustainable Development in collaboration with the University Institute of European Studies (IUSE) in Turin, Italy and the University of Piemonte Orientale, Novara, Italy which are both beneficiaries of the European Union Research Executive Agency IRSES Project “Liberalism in Between Europe And China” (LIBEAC) coordinated by Aix-Marseille University (CEPERC). This work has been realized in the framework of Workpackages 4, coordinated by University Institute of European Studies (IUSE) in Turin, Italy.