With data localisation, frame policies to develop domestic computing facilities
Description
Data localisation is once again the talk of the town. The ˜new' draft ecommerce policy of GoI favours location of computing facilities within India, and requires business entities that collect or process sensitive data' in India and stores them abroad to adhere to certain conditions. On the other hand, Facebook has stated that it is willing to be blocked in a few countries if forced to follow data localisation norms. With $3 trillion worth of cross-border data flows today, the issue is, indeed, significant. The debate is really about who owns data, and who will get the monetary benefits out of the data we as individuals and communities generate daily. An individual owns data, but doesn't have the capacity to monetarily benefit from it. Companies, on the other hand, don't own data but gain much monetary value because of the computing capabilities they possess. So how can individuals or communities, the actual owners of data, benefit from the asset they own?. Read more at: https://economictimes.indiatimes.com/blogs/et-commentary/with-data-localisation-frame-policies-to-develop-domestic-computing-facilities/
Copyright Date
March 2019
Publication Date
18-3-2019
Publication Title
The Economic Times
Publisher
Bennett, Coleman & Co. Ltd.
Keywords
Data localisation, Ecommerce policy
Source Link URL
https://economictimes.indiatimes.com/blogs/et-commentary/with-data-localisation-frame-policies-to-develop-domestic-computing-facilities/
