Data marketplaces: the next frontier
The HinduThe role of digitisation in realising India’s vision of becoming a $5 trillion economy cannot be overstated. Subsequently, the Ministry of Electronics and Information Technology released the National Data Governance Framework Policy which was touted as the first building block of the digital architecture being conceived to maximise data-driven governance. This will supplement MeiTY’s effort to regulate NPD and will help forge data exchanges as suitable media to make NPD interoperable across sectors. Such examination will be at pace with the global discourse on the regulation of data exchanges and supplement the efforts of MeiTY, the expert committee, and other bodies vis-à-vis governance of NPD in India. It will also help operationalise the high-level principles of NPD in India by providing an actionable pathway and laying a forward-thinking framework for the governance of NPD in respect of data exchanges.