Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

Data Privacy Defanged

Business Today

|

August 26, 2018

The Srikrishna Committee report has too many loose strings that need to be fixed before it becomes law.

- Rajeev Dubey

Data Privacy Defanged

YOU DON’T own your data, your data can reside in a foreign land – and, you could be liable for withdrawing consent. Those are just some of the shocking clauses in the much delayed “The Personal Data Protection Bill 2018” architected by the Justice Srikrishna Committee. Despite submitting a draft report way back in November 2017, this is far from a complete Bill. “The Bill could have been prescriptive. But it’s still very open-ended,” says Vidur Gupta, Partner, Cyber Security, Government, Ernst & Young India.

In fact, a few from the 10-member panel say the committee did not even consider the Telecom Regulatory Authority of India (Trai) recommendation that ownership rests with the individual (data principal in this Bill), everybody else is a mere custodian. Instead, who owns the data of individuals is a question not even answered by the Srikrishna Committee. “It’s better to separate it from ownership and look at rights,” says Rahul Matthan, Partner, Trilegl. That’s at the core of the glaring shortcomings in the Bill. Here are a few more.

FLERE HISTORIER FRA Business Today

Business Today India

Business Today India

BREAKING THE SILICON CEILING

INDIA'S FIRST COMMERCIAL FAB IS FINALLY TAKING SHAPE, BUT BUILDING A RESILIENT SEMICONDUCTORS BASE WILL TAKE FAR MORE THAN JUST CAPITAL

time to read

10 mins

September 28, 2025

Business Today India

Business Today India

WAITING FOR THE IPO WINDFALL

LIGHTSPEED HAS QUIETLY EVOLVED ALONG WITH INDIA'S START-UP STORY, ARMED WITH A $2.3 BILLION PLAYBOOK. NOW, IT AWAITS THE ULTIMATE PRIZE: A MARKET-DEFINING IPO

time to read

7 mins

September 28, 2025

Business Today India

Business Today India

RIGHT ON TARGET

TARGET MATURITY FUNDS ARE A GOOD OPTION FOR PREDICTABLE RETURNS BUT IT'S IMPORTANT TO LOOK AT THE INDEX COMPOSITION AND CREDIT RATINGS OF ENTITIES WHOSE SECURITIES ARE INCLUDED IN THE BENCHMARK

time to read

6 mins

September 28, 2025

Business Today India

Business Today India

TO A GOOD TIME

DISCOVER THE CRISP, CITRUSY OR BITTER WORLD OF BEER THROUGH HOMEGROWN BRANDS

time to read

3 mins

September 28, 2025

Business Today India

Business Today India

PASSING THE BATON

INDIA'S FAMILY BUSINESSES ARE REWRITING THE RULES OF SUCCESSION—ELEVATING PROFESSIONALS, BUILDING FAMILY OFFICES, AND SEPARATING LEGACY FROM MANAGEMENT

time to read

6 mins

September 28, 2025

Business Today India

Business Today India

A RARE SHIFT

AS THE SHORTAGE OF RARE-EARTH MAGNETS TURNS INTO A FULL-BLOWN CRISIS WITH CHINA'S IMPORT RESTRICTIONS, DOMESTIC PLAYERS ARE LOOKING BEYOND TO SUCCEED WITH THEIR EV PLANS

time to read

5 mins

September 28, 2025

Business Today India

Business Today India

Put energy where you can be the best

PARTHA BASU | MD, ASHIRVAD BY ALIAXIS

time to read

1 mins

September 28, 2025

Business Today India

Business Today India

Thematic Investing: Spotting Structural Themes Before They Become Mainstream

It's a truth well acknowledged in the markets, that extraordinary wealth is created when the investors spot a powerful theme before it captures the imagination of the crowd. To ride such a wave in its infancy, is to participate in returns—so outsized that they defy neat calculation.

time to read

2 mins

September 28, 2025

Business Today India

Business Today India

INDIA'S ETHANOL DILEMMA

INDIA ACHIEVED A 20% ETHANOL BLENDING IN PETROL THIS YEAR, FIVE YEARS AHEAD OF SCHEDULE. WHILE IT IS AN IMPORTANT STEP TOWARDS REDUCING CRUDE OIL IMPORTS, AUTO OWNERS ARE COMPLAINING ABOUT REDUCED MILEAGE AND DAMAGED ENGINES. DOES INDIA'S ETHANOL POLICY NEED A TWEAK?

time to read

7 mins

September 28, 2025

Business Today India

Business Today India

"GST cut is the manifesto of 1.4 billion Indians"

Finance Minister Nirmala Sitharaman on GST rate cuts, lessons from Covid-19, and more

time to read

7 mins

September 28, 2025

Translate

Share

-
+

Change font size