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.
