India's data protection law can propel digital economy, says Facebook

The par panel on Friday quizzed Facebook about the quantum of their revenue, profit and tax payouts in India and asked what portion of their earnings were being used for data security in the country

Social media giant Facebook on Friday said that the data protection law in progress has potential to propel the country's digital economy and global digital trade.

The company's comment came following a hearing by a Joint Committee of Parliament on Data Protection Bill, 2019, chaired by BJP MP Meenakshi Lekhi.

"We deeply appreciate the opportunity to discuss data regulation issues with the Hon'ble Members of Joint Committee on the Personal Data Protection Bill. We believe that India's data protection law has the potential to propel the country's digital economy and global digital trade, and we wholeheartedly support this effort," a Facebook company