“India should fast-track enactment of the Data Protection Act and set up a strong and effective Data Protection Authority. This regulatory framework will provide for appropriate consents to collect and process data and prescribe penalties for non-compliance. Since the draft Bill already provides for high fines (Rs 5 crore or 2 per cent of worldwide turnover), it is expected to usher in a strong compliance culture,” says G.V. Anand Bhushan, Partner at Shardul Amarchand Mangaldas & Co.
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