The Indian Government is exploring the idea of a National Data Governance Policy to increase accessibility to anonymized data and support research and innovation in India. This proposed policy comes in the wake of the Union Ministry of Electronics and Information Technology’s release of the National Data Governance Framework Policy (NDGFP) draft last year.
The Need for a National Data Governance Policy
Data is one of the most valuable assets in the digital age. It helps in decision-making, supports research, and can be leveraged to create new products and services. In India, the growth of the digital economy and the increasing importance of data analytics have made it necessary to put in place a robust data governance framework.
A National Data Governance Policy will help ensure the safe and secure storage of data, the responsible use of data, and the protection of privacy rights. It will also promote the use of data for academic research and support the growth of start-ups in India.
Boosting Research and Innovation
Academia and start-ups require access to high-quality data to carry out research and develop innovative products and services. The proposed National Data Governance Policy will provide easy access to anonymized data to these stakeholders, thereby boosting research and innovation in India. This will be a major step towards strengthening the country’s AI ecosystem and digital economy.
Encouraging Digital Governance
Digital governance is an essential component of the digital economy. The National Data Governance Policy will promote responsible data sharing and responsible use of data. This will help establish the country as a leader in digital governance and contribute to the growth of the digital economy.