Final Version Of IT Rules With Data Protection Norms Coming Soon: MoS Rajeev Chandrasekhar

Final Version Of IT Rules With Data Protection Norms Coming Soon: MoS Rajeev Chandrasekhar

SUMMARY

We will see a very contemporary, global standard set of laws: MoS Rajeev Chandrasekhar

The discussion was about data governance in India at the US Chamber of Commerce event

Chandrasekhar added that the government would conduct multiple rounds of public and stakeholder consultation before tabling the data protection bill again

The final version of the Information Technology (IT) Rules, 2021, with the new legislation is set to come soon, the Minister of State for Electronics and IT Rajeev Chandrasekhar said while speaking at the India Ideas Summit organised by the US-India Business Council recently. 

“We will see a very contemporary, very global standard set of laws that enable our trillion-dollar goal, the Prime Minister’s techade vision and protect the rights and interests of all Indian citizens. You will see that at the earliest,” the minister of state said while speaking with CNBC-TV18 post the event’s conclusion.

The discussion was about data governance in India at the US Chamber of Commerce event.

“These new laws, in a sense, supersede existing legislation. So, the Digital India Act will clearly supersede the IT Act. There is no question of both of them existing. If there are any contradictions with the existing and legacy laws, we will get them amended,” Chandrasekhar said.

The government is making the proposed amendments and will be looking to bring the new legislation as soon as possible, the minister of state noted. Chandrasekhar added that the government would conduct multiple rounds of public and stakeholder consultation before tabling the data protection bill again in the parliament.

Speaking about multiple requests made by foreign stakeholders for India to relax its data laws, Chandrasekhar added, “We know what our national interests are, we know what is required for us to grow our economy into a trillion-dollar digital economy and there will be some counterbalancing interests from other countries. We will talk to those; our interests are not very different from what the US wants.”

The comments come after Union Finance Minister Nirmala Sitharaman stated that India’s data protection law will be coming soon. She stated that the minister of electronics and IT Ashwini Vaishnaw is working ‘very diligently’ to formulate the new data protection norms, as part of the amendments within the larger IT rules.

India’s data protection legislation has seen a number of ups and downs over the last few years. First introduced in 2019, the Personal Data Protection bill underwent a number of cycles of amendments all the way till 2021.

Recently, the bill was tabled in the Lok Sabha for consultation and approval, but Union Minister for electronics and IT Ashwini Vaishnaw pulled the bill from the Lok Sabha on August 3 after a joint parliamentary committee recommended 81 amendments.

While the move did attract criticism and concerns over the timeline for the new bill from the industry, the government is looking to table the bill once again earliest by the upcoming Winter Session of the parliament.

Meanwhile, the IT rules themselves have faced scrutiny from stakeholders from both India and overseas. Interestingly, the US-India Business Council, the host of the event where both Chandrasekhar and Sitharaman spoke, raised concerns about the amendments in the IT rules back in July.

Specifically, the USIBC raised concerns about the formation of the Grievance Appellate Committee and how it would operate independently if the government was involved in creating the committee.

Step up your startup journey with BHASKAR! From resources to networking, BHASKAR connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Final Version Of IT Rules With Data Protection Norms Coming Soon: MoS Rajeev Chandrasekhar-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Final Version Of IT Rules With Data Protection Norms Coming Soon: MoS Rajeev Chandrasekhar-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Final Version Of IT Rules With Data Protection Norms Coming Soon: MoS Rajeev Chandrasekhar-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Final Version Of IT Rules With Data Protection Norms Coming Soon: MoS Rajeev Chandrasekhar-Inc42 Media
Final Version Of IT Rules With Data Protection Norms Coming Soon: MoS Rajeev Chandrasekhar-Inc42 Media
You’re in Good company