New Delhi: The government and the Reserve Bank of India will address all the concerns of technology and e-commerce firms around India’s data storage and protection norms and new legislation that are in the pipeline, an official statement said on Tuesday. The assurance comes after commerce and industry minister Piyush Goyal met representatives of technology and e-commerce firms on Monday …
Data localization has taken centre stage after the release of a draft e-commerce policy and the Srikrishna report. A 6 April RBI circular said: “All system providers shall ensure that the entire data relating to payment systems operated by them are stored in a system only in India. Last week, RBI told payment firms to submit fortnightly updates on the …
