With data being considered the new oil, India, the world’s second-largest internet market after China, is looking to establish a dedicated entity to manage the data it generates and set up rules and regulations for non-personal and anonymized personal data. The Indian government plans to propose setting up of a body, called the National Data […],
India Plans to Establish a National Data Authority
India, known as the world’s second-largest internet market after China, is taking steps to manage and regulate its growing data landscape. Recognizing the significance of data as the new oil, the Indian government has proposed the establishment of a dedicated entity called the National Data Authority. This entity’s primary purpose would be to oversee and manage the vast amounts of data generated within the country.
Regulating Non-Personal and Anonymized Personal Data
The National Data Authority aims to create a set of rules and regulations specifically for non-personal and anonymized personal data. By doing so, it seeks to strike a balance between facilitating data-driven innovation and ensuring the protection of privacy and security. This move is crucial as it provides a framework for companies and organizations to handle data responsibly while fostering an environment conducive to digital innovation.
India Embracing the Data Revolution
India’s proactive move towards establishing a National Data Authority underscores its commitment to harnessing the power of data for economic growth and development. With the country’s vast population and increasing digital connectivity, there is a massive potential for data-driven solutions in various sectors, including healthcare, agriculture, and finance. By having a dedicated entity to manage and regulate data, India aims to create a robust ecosystem that can capitalize on this potential.
Conclusion
The establishment of a National Data Authority in India showcases the country’s determination to embrace the data revolution responsibly. By setting up rules and regulations for non-personal and anonymized personal data, India aims to strike a balance between data-driven innovation and safeguarding privacy. This move paves the way for a thriving digital ecosystem, opening up possibilities for groundbreaking solutions across different industries. As India continues to harness the power of data, it is poised to make significant strides in its journey towards becoming a global digital leader.
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Source: Hindustan Times (link to the original article)
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