Communist Party of India MP Binoy Viswam on Thursday petitioned the Supreme Court, seeking the Reserve Bank of India to frame necessary regulations to make sure that Indians’ data collected on UPI platforms is not exploited by companies like Amazon, Google, and Facebook. Viswam also prayed that Indians’ right to privacy should be protected from being misused by “giant corporations” for their “financial ends”, according to a press statement. Bar and Bench first reported this. “The Data Protection Act is not yet passed and it is in the form of a Bill. In the interregnum period, the rights of privacy of the Indian Citizens, especially the financial data, have to be protected by the Hon’ble Supreme Court,” the statement added. The petition, filed through Supreme Court advocate Sriram Parakkat, also sought that the National Payments Corporation of India (NPCI), which…
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