What is the issue?
- Union Government has constituted a committee under Justice (Retd) BN Srikrishna to suggest and draft a new data protection Bill.
- Well-functioning data privacy legislation will provide an efficient redress mechanism for data subjects.
What is the need for new data protection law?
- With the proliferation of smartphones use data is very vulnerable.
- Personal information is now being challenged as companies are also exploiting real-time data generated from daily activities.
- Government is increasing its focus on digital payments, which is fuelled by data.
How the new data protection law need to be?
- Inclusive-It is imperative to bring government agencies within the ambit of the new framework, participation of private firms is also highly recommended.
- Versatile-New data privacy framework must aim to harmonise principles such as limitation on collection and purpose, disclosure, openness, security.
- Dynamic-The approach must be based on standards relevant to enable the law to keep pace with rapid changes in technology.
- Regulated-Regulating the collection of data may not be enough, its use by data collectors and data processors could also be regulated.
Source: Business Line
