"One fundamental thing is that there is a belief now: data is the new oil. We've heard it two or three times even within the Policy." The #NAMApolicy discussion on the draft Policy on E-Commerce brought the focus towards breaking down the intent of the Government with the release of this Policy. While looking at the requirements of sharing data with Indian companies and and state authorities, participants got into explanations on whether and how sharing of data would help Indian entities. The discussion was supported by Amazon. Data as a Resource - Finite? Arjun Sinha of Cantor Associates brings out the fallacies with the assumptions in the Policy regarding data being seen as a 'national resource'. "When the policy makes the statement that data should be looked at as a resource and the resources very similar to say spectrum or mining, I think there is one assumption that still needs to be challenged other resources that the government gives concessionary rights over a scarce resources, there is only one limited finite supply of that resource. I mean, it is not necessary that there is only a finite amount of data that you can generate, or the finite amount of insights you can generate, you can today if, for example, there is a transportation company that can generate." How should the Government go about collecting data, if at all? "The question to ask therefore, is whether there are less coercive measures to actually get access to this data, and there is this one example that's…
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