The new data protection law will be finalised soon, IT Minister Ravi Shankar Prasad said today, asserting that India must strike a fine balance between data availability, innovation and privacy issues.
The country is making all out efforts to strengthen cyber laws and data protection framework, he said at the Mindmine Summit while outlining India's aspiration to become a big centre for data analysis,
He added: "We must have a fine balance between data availability, data innovation, data anonymity and data privacy. We need data to improve business but the data must be anonymous, objective, and taken with consent."
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