This article was first published in Deccan Chronicle. Views are personal.
Over the last few years in tech policy, one thing has been clear. There is a strong tendency within the Government to view the data as a national asset, akin to say, the Indian Railways. This has been an inherent line of reasoning in multiple draft and actual policies. Former Foreign Secretary said something similar in a G20 summit last year in a G20 summit, claiming that data is a new form of wealth.
The idea broadly is that data is the new oil (an analogy that I am not a fan of). Thanks to our large population size, India generates a lot of data. Hence, that data must be protected, controlled, and utilised by Indian companies for our development.