No sensitive data will be shared without consent: Ravi Shankar Prasad
Dec 20, 2019
NEW DELHI, 20 December 2019: Mr Ravi Shankar Prasad, Minister for Law & Justice and Communications, Electronics and Information Technology, Government of India, today said that none of the sensitive data of the consumers will go outside the country without their consent.
Speaking at 'FICCI's 92nd Annual Convention - India: Roadmap to a $5 Trillion Economy', Mr Prasad said that the government has already framed the data protection law which is under consideration by the committee.
"We must put system in place that the data principle should give consent to the producery to share the data, and this consent should be voluntary," he said.
"This data should be shared for a limited purpose and if the company violates this purpose, it should be penalized," asserted Mr Prasad.
Further elaborating on electronics industry, the minister said that data processing is going to become a big money-spinner and job creator.
"I am keen that India must become a big centre of data processing," added Mr Prasad.
The minister was of the opinion that electronics has a great future and $1 trillion will be the digital component of the targeted $5 trillion economy.
Also Read
- Bihar Deputy CM Sushil Kumar Modi feels GST hike not now
- IMF economist Gita Gopinath meets PM Narendra Modi
- SBI: Banks do not have any lack of capital, people can take loans without any hesitation
- Indian Banks' Association to bring out framework
- Government committed towards diverse energy basket to drive sustainable economic growth: Dharmendra Pradhan
- India's steel industry to ensure value addition to boost exports; here's what govt has in store
- Steel Industry Facing Challenge Of Coal Availability, High Costs: SAIL Chairman
- Industry captains discuss road map for USD 5 Trn Economy
- FICCI shuffles management; here’s who took over as president
- FICCI elevates Uday Shankar as senior vice president
- Possibility of hiking GST rates not possible in near future, said Sushil Kumar Modi
- No change in GST rates till revenue stabilizes: Sushil K Modi
- GST rates unlikely to be increased anytime soon: Sushil Kumar Modi
- Enough funds available with banks, industry should take advantage: SBI Chairman
- Industry captains discuss road map for USD 5 trn economy
- Solar Projects, City gas and Infrastructure Bright Funding Spots: SBI
- Indian Steel Industry may face disruption after Iron Ore Mining leases expire in March
- Dialogue between govt & industry necessary for India growth story: Piyush Goyal at FICCI AGM
- India will be net exporter of steel, setting up 5,000 plants for bio-energy: Minister Pradhan at FICCI
- 'No GST rate hikes in near future': says Bihar Finance Minister Sushil Kumar Modi post GST council meeting
- India Inc emphasises on exports of local goods for becoming $5 trn economy
- There's no possibility of any change in GST slabs, rates soon: Sushil Kumar Modi
- No GST rate hike in near future, rate tweaks only once a year: Bihar FM
- Bihar deputy CM Sushil Modi allays GST hike fears, says no rate change till revenue stabilises
- SBI chairman nudges industry to borrow and invest in economy
- Not all is gloomy! SBI chairman nudges industry to borrow and invest in economy
- There's a limit to lowering India's interest rates, says SBI chairman
- Banks' stressed assets position to improve by March: SBI Chairman
- SBI chief nudges industry to borrow and invest, says no dearth of fund
- GST rates to change only once in a year
- No possibility of any change in GST slabs, rates until revenue stabilises: Sushil Modi
- Banking industry's NPA situation to improve by fiscal-end: SBI chairman
- Banking industry's NPA situation to improve by FY20-end: SBI Chairman
- SBI Chairman nudges India Inc to borrow and invest in economy
- Limit to lowering interest rates, says SBI chief
- India Inc emphasises on exports of local goods for becoming $5 trn economy
- Industry captains discuss road map for $5 trillion economy
- India Inc discusses road map to achieve goal of $5 tn economy
- Govt taking steps to meet input challenges in steel sector: SAIL chairman
- Industry veterans discuss road map ahead for $5 trillion economy in a session at FICCI
- Steel industry may face disruption post March 2020 on expiry of mining leases: SAIL chief
- Budget should look to push rural demand, not reduce I-T rate: Economists
- India must increase its share in global trade, says MSME Minister
- India must grow its share in global trade to 8-10%: Nitin Gadkari
- Infra along with MSME has potential to help India becoming USD 5 trillion economy: Gadkari
- Govt plans to take khadi turnover to Rs 2 trn in next 5 years: Gadkari
- Goyal asks industry to flag countries placing non-tariff barriers, promises retaliatory action
- Goyal to industry: Tell me which nations are using non-tariff barriers
- Flag countries placing non-tariff barriers on exports: Goyal to industry
- Flag nations with non-tariff barriers, Piyush Goyal tells India Inc
- 'We're seeing weakness in investment': Gita Gopinath on Indian economy
- Govt plans to take khadi turnover to Rs 2 trn in next 5 years: Gadkari
- No sensitive data will be shared without consent: Ravi Shankar Prasad
- India must aim to be among first-25 countries on EoDB rankings for realizing $5 trillion goal - DPIIT Secretary
- Chhattisgarh govt looks to aid investors, never harass them: CM
- Govt has built strong, clean economic base for growth: Bhupender Yadav
- No possibility of GST rate hike till revenue stabilises: Sushil Modi
- Banking sector NPA situation to improve by fiscal-end: SBI chairman
- Dharmendra Pradhan says imagination, intellect and innovation will drive India towards $5 Trillion Economy
- No possibility of any change in GST slabs, rates until revenue stabilises: Sushil Modi
- No change in GST rates till revenue stabilizes, says Sushil Kumar Modi
- No change in GST rates till revenue stabilises: Sushil Modi
- Vedanta's Anil Agarwal says why he's less reliant on Indian borrowings
- Energy acts as catalyst in economic policies of society: Pradhan
- Dharmendra Pradhan Gives "3-I Mantra for Economic Growth"
- Fuel prices firmed up on global cues: Pradhan
- India to be largest energy growth market by 2030: Pradhan
- India needs to keep fiscal deficit target, requires increased revenue mobilisation: Gita Gopinath
- India's export hub dream needs new reforms: Gita Gopinath
- India needs to keep fiscal deficit target; requires increased revenue mobilisation, says Gita Gopinath
- Policy certainty, structural reforms are key to growth: IMF's Gita Gopinath
- Regulatory uncertainty played role in India's slowdown: IMF
- Regulatory uncertainty plays role in India’s slowdown: IMF
- Borrowed less in India in fear of ED, jail: Anil Agarwal
- Corporates should take risk and invest; India has huge potential: Agarwal
- India has huge potential, firms should take risk and invest: Anil Agarwal
- Corporates should take risk and invest; India has huge potential: Agarwal
- Corporates should take risk and invest; India has huge potential: Agarwal
- Vedanta Chairman says, Govt should not be in business
- India needs to keep to its fiscal deficit target; requires increased revenue mobilisation: Gita Gopinath
- India needs to keep fiscal deficit target; requires increased revenue mobilisation: IMF's Gopinath
- Every downturn great chance for businesses to prepare for better time: Goyal
- Govt believes in doing root cause analysis, finding sustainable solutions: Piyush Goyal
- Flag countries placing non-tariff barriers: Goyal
- Continuous dialogue between govt, industry necessary for India growth story: Piyush Goyal
- Piyush Goyal asks industry to Flag countries placing Non-Tariff Barriers, promises retaliatory action
- Innovative solutions required for all aspects of business and Industry: Piyush Goyal
- $5 trillion economy: 'India must become export-oriented to reach goalpost'
- Plans afoot to take village industries turnover to Rs 2L cr in 5 yrs: Gadkari