India IT Minister: Data Privacy Should Not be at Cost of Innovation

India IT Minister: Data Privacy Should Not be at Cost of Innovation

India’s IT Minister Ravi Shankar Prasad said last Saturday that even the Supreme Court, in its order on data privacy, has stated that privacy should not kill innovation.

Speaking at the CII conference on financial inclusion, Prasad said that “The stakeholder is the trustee of data on behalf of the owner of data. And every Indian must own data. However, there should be a healthy balance between openness, availability, utilisation and privacy of data,”

Prasad also mentioned that biometric data on Aadhaar is kept securely in an encrypted form, which is so strong that even for a billionth of a second it cannot be breached. It is also backed by Parliamentary law and anyone attempting to disclose the biometric details will be prosecuted.

 

Source: Financial Express

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