Vastavam web: Law and IT Minister Ravi Shankar Prasad today said the government will come up with a robust data protection law which will set a global benchmark.”We will come up with data protection law that will set a global benchmark like the way we have done for Aadhaar,” Prasad said at a session organised by Biju Janata Dal MP Baijayant Panda on privacy and data protection.The minister said the government has formed a committee to give a structured report on data utility, data privacy and data availability.The minister said India’s digital economy is going to be USD 1 trillion and stakeholders of the economy have said it will become USD 2 trillion in the next 5-7 years.
“The projection is 50-75 lakh jobs will be created only in digital economy in coming 5-7 years apart from giving taxes,” Prasad said.The minister said digital transactions increased from 3,700 per day in November 2016 to 54 lakh per day at present.”The reason why I very briefly gave the(information on) whole digital ecosystem is how should we go forward? Should we go forward in the name of privacy to kill it? Should we stop it or should we not stop it? That is indeed a challenge,” Prasad said.He said the information technology revolution is also to be respected, accelerated and in this larger framework issue of privacy has to be considered.
The minister said the Supreme Court judgement has said Right to privacy is not an absolute right.”On behalf of the government we also said it (privacy) is not an an absolute right but part of Article 21,” Prasad said.The minister quoted from the apex court judgement that “Like the right to life and liberty, privacy is not absolute.