Ensuring complete information safety is paramount for accelerating India’s digital financial system and the Digital Personal Data Protection Bill strikes a harmonious steadiness between flexibility and information privateness measures, stated trade apex physique Nasscom.
It was a tech-agnostic Bill and anticipated to cater to the dynamic digital ecosystem and assist stimulate India’s digital thought management globally, stated Debjani Ghosh, President, Nasscom on Friday.
“This is a giant step forward towards establishing India as a Trusted Innovation Partner for the world. This marks a significant leap forward for India to establish a robust framework for personal data protection and build India as a trusted data destination,’‘ she added.
The Union Cabinet’s approval of the Digital Personal Data Protection Bill was a significant milestone that would bolster trust and solidify India’s position as a global leading innovation hub, she further said. “This bill holds immense importance in today’s digital landscape, where data is integral to every industry and nation.”
According to Ms. Ghosh, this Bill has been a key ask from the know-how trade and Nasscom has been working collaboratively with the federal government from the begin to share insights and evaluation on international laws and offered detailed submissions proper by the evolution of this regulation.