Business & Technology–NASSCOM, PwC India welcome Draft Personal Data Protection Law

By India News Stream Staff

July 28, 2018

New Delhi: NASSCOM-Data Security Council of India and PwC India have welcomed the the Personal Data Protection Bill released by the Justice Srikrishna committee, saying that it has suggested a much needed framework for data protection and privacy in the country.

NASSCOM-DSCI in a statement said, the Bill builds on the Supreme Court Judgement that advocated privacy as a fundamental right for the country and creates a framework for all stakeholders to be more responsible and build trust while dealing with personal data. Thrust on creating an institutional structure through a Data Protection Authority in the country as well as the importance of Privacy by Design was welcome

”NASSCOM-DSCI has been advocating for a healthy balance between privacy and Innovation, given that India is today emerging as a preferred hub for innovation and STEM talent globally. Policies that govern data protection, storage and classification need to be carefully crafted given the global footprint of the IT-BPM sector. Service providers in India process financial, healthcare and other data of citizens globally. India is also the destination for R&D, Product Development and Analytics, Shared Services.,” a statement from the apex body of software companies said.
Mr Siddharth Vishwanathan, Partner, Cyber Security, PwC India observed also described the Bill as a positive development.

“The draft is on expected lines. It clearly addresses key tenants like individual rights over their data, data protection, breach notification. What is positive is that the penalties are structured in a manner to create adequate deterrence. It will clearly drive the industry to create a safer ecosystem in the data economy,”
he said in a statement.

The draft data protection law submitted to the government by Justice Srikrishna on Friday provides for exemptions for processing of personal or sensitive personal data for various purposes, including security of state and journalistic activities.