wordpress blog stats
Connect with us

Hi, what are you looking for?

Report by US Trade Body takes on Indian Digital Policies

The Office of the United States Trade Representative has released its 2019 National Trade Estimate Report on foreign trade barriers. Apart from comments on India's stance and recent measures on various aspects of cross-border trade and domestic production, the chapter on Foreign Trade barriers takes issue with a number of Indian regulations and policy documents, including the e-commerce policy, RBI's circular on payments data, the Personal Data Protection (PDP) Bill, and the draft Intermediary Guidelines. The specific chapter discussing Indian regulatory regime is available here. The chapter on Indian policy states that there are excessive requirements of data localisation, and protectionist measures harming the interest of American companies offering services in India. Below is a summary of the points made in the Report with regard to India's approach to tech and telecom policy. Localisation A running theme against localisation of data and making data available within India is present across the chapter covering Indian policy. This is in part attributable to the multiple legal instruments recently released by the Indian government endorsing such a policy. RBI Payments Notification: The Report railed against measures to localise data across policies. The first one was the RBI notification directing all payments providers to maintain a copy of all transaction data within India. The report argued that this increases costs for US companies looking to expand into India: "Requiring local storage of all payment information raises costs for payment service suppliers, and disadvantages foreign firms, which are more likely to be dependent on globally…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

News

RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.

News

Both the IT Minister and the IT Minister of State have chosen to avoid the actual concerns raised, and have instead defended against lesser...

News

The Central Board of Film Certification found power outside the Cinematograph Act and came to be known as the Censor Board. Are OTT self-regulating...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ