Former Supreme Court judge Srikrishna is leading the effort to draft new data-privacy laws for India that will regulate how tech giants from the US and elsewhere operate in the nation of 1.3 billion. His recommendations carry particular weight because India is already the biggest market for companies like Facebook and offers enormous potential for dozens more. The committee Srikrishna helms will send its bill to the government this week.
They’re going well beyond the hands-off American approach that preceded fiascoes like the Facebook breach, which facilitated Russian meddling in the 2016 presidential election, or the Equifax hack, which exposed personal information of about 145 million people. He and his colleagues are determined to modernise the country’s standards and protect all citizens. “India has accelerated from a ‘bail gaadi’ economy to a silicon-chip economy,” said Srikrishna, using the Hindi expression for ox cart. “But privacy and data regulation rules are still far behind.”
BIIA Editorial Comment: This is obviously a preview of the proposed data protection law. There are many reasons as to why the tech giants should be nervous. Judge Srikrishna is to submit his report on the 15th July 2018, therefore we wait with further comments until the draft legislation has been published.
Source: South China Morning Post