 "The data should be deleted from the systems abroad and brought back to India not later than one business day or 24 hours from the payment processing, whichever is earlier, the RBI said")
Curbs on cross-border data flow can severely restrict growth in India’s digital trade, according to a report by the All India Management Association and Hong Kong-based Hinrich Foundation — a trade research body.
The Draft Personal Data Protection Bill, expected to be tabled in Parliament soon, has proposed the data of all Indian users be stored within the country. To this end, the government had mandated strict guidelines for mandatory server localisation, arguing that the data stored on foreign servers may be compromised.
This had prompted swift opposition from Google, Amazon, and Facebook. The digital giants claim the
The Draft Personal Data Protection Bill, expected to be tabled in Parliament soon, has proposed the data of all Indian users be stored within the country. To this end, the government had mandated strict guidelines for mandatory server localisation, arguing that the data stored on foreign servers may be compromised.
This had prompted swift opposition from Google, Amazon, and Facebook. The digital giants claim the
