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<\/span><\/figcaption><\/figure> BENGALURU: India should remember to devise policies that will work for its own good, rather than “mimicking the West”, Flipkart<\/a> cofounder Sachin Bansal<\/a> said at the ET Startup Awards<\/a> here on Friday. Bansal was discussing data privacy, localisation and other issues currently being weighed by the Centre, which he said was “directionally positive”.

Bansal was part of a panel discussion on Building to Scale, Building to Last in a Dynamic Policy<\/a> Environment, which also featured Infosys<\/a> chairman Nandan Nilekani<\/a>, Ola cofounder Bhavish Aggarwal<\/a>, OYO CEO Ritesh Agarwal<\/a> and Kalaari Capital MD Vani Kola<\/a>. They were among a gathering of India’s top tech glitterati at the industry’s most coveted award show. “I think some of these policies, personally, are still at a very early stage,” Bansal said. “It’s not just about supporting Indian entrepreneurs, (it’s) also about creating our local ecosystem around capital and entrepreneurs etc. For the first time, the government is also waking up to the fact that it is a national security issue. Data can be used to create value internally, and if not stored internally, it could lead to harm.”


His sentiment was echoed by Ola CEO Aggarwal. “In our industry, the government has been very supportive,” he said. “We are at the forefront and cutting edge of a policy<\/a> environment in India... We need to have discussions on how we can move from data protectionism to data empowerment — that’s the right discussion to have.”

Infosys<\/a> chairman Nilekani added, “The western model of privacy is only about data protection. The Indian model should be empowering people through data in addition to protection. The (BN) Srikrishna committee report factors in this aspect of data empowerment in the policy.”

In the recent past, policy has emerged as a key talking point in India’s startup ecosystem, especially in the wake of both the Srikrishna committee report on data protection and the draft ecommerce policy released last month.

Ritesh Agarwal<\/a>, founder of Gurugram-based hospitality company OYO, said that by preemptively addressing a standoff with the government on any area of regulation, from new policy to taxes, a startup can avoid wrangles instead of a “reactive stance”. OYO won the ET Startup of the Year award.

Entrepreneurs don’t typically bring up policy when they talk to early-stage venture capital firms, said Kola.

\n \n \n \n \n \n \n \n \n
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<\/span><\/figcaption><\/figure>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n(L-R) Bhavish Aggarwal<\/a>, Vani Kola<\/a>, Nandan Nilekani<\/a>, Sachin Bansal<\/a> & Ritesh Agarwal<\/em>

Nilekani said most of the elements of the IndiaStack “were in place” and the only missing piece “was the infrastructure for data environment”, which he added would be supported by the ministry of electronics and information technology’s electronic consent policy and that of the Reserve Bank of India on aggregators.

“The data piece of the puzzle will get scaled up in the next three-five years, especially with financial services, taking it to a trillion dollar market capitalisation,” Nilekani said.

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印度的启动图标去德敦促中心数据政策

国内保理业务的企业家发言支持环境和“平衡的方法”

  • 发布于2018年8月18日下午02:37坚持
班加罗尔:印度应该记住设计政策,将为自己的好工作,而不是“模仿西方”,Flipkart公司创始人之一萨钦邦萨尔说的等公司奖这周五。邦萨尔是讨论数据隐私,本地化和其他目前体重问题的中心,他说的是“定向积极”。

邦萨尔是小组讨论的一部分在建筑规模,构建在动态政策环境,也有特色印孚瑟斯主席南丹•尼勒卡尼,Ola创始人Bhavish Aggarwal欧首席执行官:阿加瓦尔和Kalaari资本医学博士今次可乐。他们在收集印度顶尖科技在行业最上层人士梦寐以求的奖项。“我认为这些政策,就我个人而言,仍然处于早期阶段,“邦萨尔说。”不仅仅是支持印度企业家,(这是)也创造我们当地生态系统在资本和企业家等。第一次,政府也意识到这样的事实,它是一个国家安全问题。内部数据可以用来创造价值,如果不是存储在内部,它可能导致伤害。”

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他的情绪得到Ola Aggarwal首席执行官。“在我们的行业中,政府一直很支持我,”他说。“我们的前沿和前沿政策在印度的环境……我们需要讨论如何从数据授权数据保护主义——这是正确的讨论。”

印孚瑟斯尼勒卡尼主席补充说,“西方模式的只有数据保护隐私。印度模式应该让人们通过数据除了保护。(BN) Srikrishna委员会报告的因素在这方面的数据授权政策。”

在最近的过去,政策已经成为印度的创业生态系统的一个关键话题,尤其是后两个Srikrishna委员会报告上个月发布的数据保护和电子商务政策草案。

:阿加瓦尔Gurugram-based款待公司创始人欧说,通过预先解决对峙与政府在任何监管领域,从税收新政策,创业可以避免争论,而不是“被动的立场”。欧赢得了启动奖等。

企业家通常不会把政策当他们谈论早期风险资本公司,可乐说。

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(唐森)Bhavish Aggarwal,今次可乐,南丹•尼勒卡尼,萨钦邦萨尔&:阿加瓦尔

Nilekani说大部分的元素IndiaStack“到位”,唯一缺少的功能”是数据环境的基础设施”,他还说会支持的电子和信息技术的电子同意政策,印度央行(Reserve Bank of India)的聚合器。

“数据块拼图将扩大在未来五年间,特别是金融服务领域,以一万亿美元的市值,”尼勒卡尼说。

  • 发布于2018年8月18日下午02:37坚持

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<\/span><\/figcaption><\/figure> BENGALURU: India should remember to devise policies that will work for its own good, rather than “mimicking the West”, Flipkart<\/a> cofounder Sachin Bansal<\/a> said at the ET Startup Awards<\/a> here on Friday. Bansal was discussing data privacy, localisation and other issues currently being weighed by the Centre, which he said was “directionally positive”.

Bansal was part of a panel discussion on Building to Scale, Building to Last in a Dynamic Policy<\/a> Environment, which also featured Infosys<\/a> chairman Nandan Nilekani<\/a>, Ola cofounder Bhavish Aggarwal<\/a>, OYO CEO Ritesh Agarwal<\/a> and Kalaari Capital MD Vani Kola<\/a>. They were among a gathering of India’s top tech glitterati at the industry’s most coveted award show. “I think some of these policies, personally, are still at a very early stage,” Bansal said. “It’s not just about supporting Indian entrepreneurs, (it’s) also about creating our local ecosystem around capital and entrepreneurs etc. For the first time, the government is also waking up to the fact that it is a national security issue. Data can be used to create value internally, and if not stored internally, it could lead to harm.”


His sentiment was echoed by Ola CEO Aggarwal. “In our industry, the government has been very supportive,” he said. “We are at the forefront and cutting edge of a policy<\/a> environment in India... We need to have discussions on how we can move from data protectionism to data empowerment — that’s the right discussion to have.”

Infosys<\/a> chairman Nilekani added, “The western model of privacy is only about data protection. The Indian model should be empowering people through data in addition to protection. The (BN) Srikrishna committee report factors in this aspect of data empowerment in the policy.”

In the recent past, policy has emerged as a key talking point in India’s startup ecosystem, especially in the wake of both the Srikrishna committee report on data protection and the draft ecommerce policy released last month.

Ritesh Agarwal<\/a>, founder of Gurugram-based hospitality company OYO, said that by preemptively addressing a standoff with the government on any area of regulation, from new policy to taxes, a startup can avoid wrangles instead of a “reactive stance”. OYO won the ET Startup of the Year award.

Entrepreneurs don’t typically bring up policy when they talk to early-stage venture capital firms, said Kola.

\n \n \n \n \n \n \n \n \n
\"\"
<\/span><\/figcaption><\/figure>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n(L-R) Bhavish Aggarwal<\/a>, Vani Kola<\/a>, Nandan Nilekani<\/a>, Sachin Bansal<\/a> & Ritesh Agarwal<\/em>

Nilekani said most of the elements of the IndiaStack “were in place” and the only missing piece “was the infrastructure for data environment”, which he added would be supported by the ministry of electronics and information technology’s electronic consent policy and that of the Reserve Bank of India on aggregators.

“The data piece of the puzzle will get scaled up in the next three-five years, especially with financial services, taking it to a trillion dollar market capitalisation,” Nilekani said.

<\/body>","next_sibling":[{"msid":65448214,"title":"Xiaomi, Thomson, TCL intensify television price war","entity_type":"ARTICLE","link":"\/news\/indian-television-market-heads-for-a-price-war\/65448214","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"65442242","title":"Lack of trust between entrepreneurs, bureaucrats: Sachin Bansal at ET Startup Awards 2018","entity_type":"MEDIAVIDEO","seopath":"small-biz\/startups\/newsbuzz\/lack-of-trust-between-entrepreneurs-bureaucrats-sachin-bansal-at-et-startup-awards-2018","category_name":"NewsBuzz","synopsis":"I can sense a lack of trust between entrepreneurs and bureaucrats in Delhi; we need to be more balanced when it comes to data laws, Flipkart's Sachin Bansal said during a panel discussion at ET Startup Awards 2018 in Bengaluru on Friday. Listen-in.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-57331\/65442242.cms?width=150&height=112","link":"\/videos\/small-biz\/startups\/newsbuzz\/lack-of-trust-between-entrepreneurs-bureaucrats-sachin-bansal-at-et-startup-awards-2018\/65442242"},{"msid":"65443392","title":"sachin","entity_type":"IMAGES","seopath":"small-biz\/startups\/newsbuzz\/indias-data-policy-should-factor-in-local-problems-not-mimic-west-sachin-bansal\/sachin","category_name":"India\u2019s startup icons urge Centre to go desi on data policy","synopsis":"In some ways I have seen that the data privacy laws are also trying to mimic what is happening in the West, I think the kind of problems we are solving here in India are very different,\u201d said Bansal. ","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-34882\/65443392.cms?width=150&height=112","link":"\/image\/small-biz\/startups\/newsbuzz\/indias-data-policy-should-factor-in-local-problems-not-mimic-west-sachin-bansal\/sachin\/65443392"}],"msid":65450568,"entity_type":"ARTICLE","title":"India\u2019s startup icons urge Centre to go desi on data policy","synopsis":"The entrepreneur spoke in favour of factoring domestic business environment and a \"balanced approach\"","titleseo":"telecomnews\/indias-startup-icons-urge-centre-to-go-desi-on-data-policy","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2018-08-18 14:37:56","lastupd":"2018-08-18 14:37:56","breadcrumbTags":["Sachin Bansal","Bhavish Aggarwal","ET Startup awards","Flipkart","Infosys","Nandan Nilekani","Ritesh Agarwal","Vani Kola","information privacy","policy"],"secinfo":{"seolocation":"telecomnews\/indias-startup-icons-urge-centre-to-go-desi-on-data-policy"}}" data-news_link="//www.iser-br.com/news/indias-startup-icons-urge-centre-to-go-desi-on-data-policy/65450568">