You are here: Home » Companies » News
Business Standard

India can lead in building global tech frameworks: Facebook India MD

Says private sector needs to have more transparency in building a trustworthy ecosystem

Facebook | Technology

Samreen Ahmad  |  Bengaluru 

Ajit Mohan, Vice-president and MD, Facebook India
Facebook India MD Ajit Mohan

Stressing on the need for building a global framework for the future, India MD Ajit Mohan said India should take a leadership role and come up with solutions for the world.

“We need to build frameworks for the future on what the new rules of the internet should be which will solve the need for building trust of people at large and not just the elite,” said Mohan, while addressing the 29th edition of the Nasscom Leadership Forum 2021.

Speaking at a session on ‘How do we rebuild trust in ’, he said the private sector needs to have more transparency in building a trustworthy ecosystem.

During the same session, Roopa Kudva, Managing Director, Omidyar Network, said need to build trust to enable India’s next 500 million, who come from the bottom 60 per cent of India’s income distribution, enabling them to benefit from the internet by making it more contextual and relatable while protecting them from fraud.

An area where regulatory bodies can help to guide consumers is to come up with a grading or certification method, said Kudva. “Food safety has very good certifications today. If we replicate that and come up with something like that for privacy then some rule of thumb will be there that can help customers cut through the jargon and trust businesses more,” she said.

Talking about the internet as a basic right, Infosys co-founder Kris Gopalakrishnan said every home should have a digital device following each one, give one principle. “Everyone who can must give a device to some who cannot afford it,” said Gopalakrishnan.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, February 19 2021. 18:07 IST