IndiaAI Working Group Recommends Monetisation Of Non-Personal Data

IndiaAI Working Group Recommends Monetisation Of Non-Personal Data

SUMMARY

According to the report, the working group suggested the government introduce a pricing model for sharing data, including non-personal data

Data providers can choose flexible pricing options, such as a fixed price for a dataset for a specific period or a subscription, as per the report

The report said that the IDP will be ‘one of the largest publicly assembled and anonymised datasets in the world’

A working group of the government’s artificial intelligence (AI) think tank, IndiaAI, has recommended sharing non-personal data. This comes a year after the government shelved such plans following widespread criticism. 

The idea has now been reintroduced in the government’s roadmap to leverage AI in the country.

According to the report presented by the Ministry of Electronics and Information Technology (MeitY) on Friday (October 13), the working group has suggested that the government introduce a pricing model for sharing data, including non-personal data, under the India Dataset Platform (IDP). 

The working group is one of the seven set up by IndiaAI to prepare a roadmap for AI adoption in India, with its members including MeitY officials, industry members and academia. The report has said that the IDP will be ‘one of the largest publicly assembled and anonymised datasets in the world’ that can be used by stakeholders such as startups and academia.

The report has also suggested that IDP can serve as a data marketplace. The IndiaAI working group has recommended deciding the pricing for the datasets under a pricing model monetisation framework. Data providers can choose flexible pricing options, such as a fixed price for a dataset for a specific period or a subscription, as per the report.

“Data providers can set pricing models, such as one-time purchases, subscriptions, or licensing fees, based on the value and uniqueness of their datasets. The central platform facilitates the transactional process, handling payments, licensing agreements, and data access controls,” the report says.

It has also mentioned several other entities, such as Amazon AWS Data Marketplace, Microsoft Azure Cloud Marketplace and Google Cloud Public Datasets, where access to datasets comes at a price.

While releasing the report, Minister of State for Electronics and IT Rajeev Chandrasekhar said, “After months of dedicated research, the seven working groups constituted to build the core goals of the IndiaAI program have submitted their formal report today.”

Chandrasekhar also noted that the report will be the kinetic enabler of a $1 Tn digital economy.

The other working groups have made some important suggestions as well, including setting up 24,500 GPUs of computing infrastructure, supporting the development of AI chips under the Indian Semiconductor Mission (ISM), establishing the proposed centres of excellence (CoEs) and developing the institutional framework on governing data collection, management, processing and storage by the National Data Management Office (NDMO). 

Data sharing, however, is not an idea discussed for the first time. The Centre introduced the Draft India Data Accessibility and Use Policy in 2022. However, the government scrapped the bill after the pricing policy faced severe criticism from several stakeholders, who claimed that data monetisation was against the principle of open government data.

After that, in May 2022, the government released the revised National Data Governance Framework Policy, which did not include any monetisation framework.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

You have reached your limit of free stories
Unlock The Ultimate Startup Intelligence With Inc42 Plus

Join 10,000+ Startup Founders & Leaders And Gain The Ultimate Startup Edge

Prices Increases In
countdownmail.com
2 YEAR PLAN
₹19999
₹5999
₹249/Month
UNLOCK 70% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹3499
₹291/Month
UNLOCK 65% 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.

IndiaAI Working Group Recommends Monetisation Of Non-Personal Data-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.

IndiaAI Working Group Recommends Monetisation Of Non-Personal Data-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.

IndiaAI Working Group Recommends Monetisation Of Non-Personal Data-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.

IndiaAI Working Group Recommends Monetisation Of Non-Personal Data-Inc42 Media
IndiaAI Working Group Recommends Monetisation Of Non-Personal Data-Inc42 Media
You’re in Good company