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Mukesh Ambani Urges Modi To Take Steps Against Data Colonization By Global Corporations

Flagging concerns about increasing data colonization by global corporations, Reliance Industries Chairman Mukesh Ambani urged the Prime Minister Narendra Modi to take steps against the way some global corporations are ‘colonising data’ of Indian users in the rapidly growing digital economy in the country. He also asserted that Indian data must be owned by Indians.

Addressing Vibrant Gujarat Global Investors SummitAmbani said “data is new oil and new wealth” and therefore must be “controlled and owned by Indian people — and not by corporates, especially global corporations.”

Invoking Mahatma Gandhi’s movement against political colonization during India’s freedom struggle, Mr. Ambani said “Gandhiji led India’s movement against political colonization. Today, we have to collectively launch a new movement against data colonization.”

“For India to succeed in this data driver revolution, we will have to migrate the control and ownership of Indian data back to India — in other words, Indian wealth back to every Indian,” he said.

Calling the Prime Minister as “man of action,” Ambani urged him to make the movement against data colonization as one of the principal goals of Digital India mission.

This is the second time in a month, the richest man of Asia, Ambani has thrown his weight behind a growing demand from the authorities and a section of local corporates seeking companies to store data of Indian consumers locally.

Last month, Ambani had said data of an individual or business belongs to them and not to corporates who could use it to monetize from them.

It may be noted that the Indian government wants companies doing business in India to store all customer data locally, a demand some global corporations are not inclined to comply with.

Besides the central government, the Reserve Bank of India (RBI) in April 2018 ordered companies to store the “the entire data relating to payment systems operated by them… in a system only in India” so as to ensure “unfettered supervisory access” for “better monitoring.” Global internet giant such as Google had complained about the six-month deadline.

The union government has been considering a draft data-security law that requires data centers for all companies be physically located within India to store data of Indian consumers.―The Hindu

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