Business Standard

Monday, December 23, 2024 | 03:01 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Indirectly targeting India, US expresses concern over data localisation

Last week, two top American Senators wrote a letter to Prime Minister Narendra Modi, urging him to reconsider the RBI's decision on data localization

data

Press Trust of India Washington

The US on Thursday expressed concern over recent proliferation of digital protectionism worldwide, including data localisation.

"We are concerned by the recent proliferation of digital protectionism worldwide, including data localisation and other data restriction measures," a State Department spokesperson told PTI.

The spokesperson, however, refrained from naming India given that several US companies have opposed a recent RBI move in data localisation.

"The United States seeks to facilitate digital trade, the growth of the digital economy, and data security," the spokesperson said.

Several companies like Visa, Mastercard, American Express, Amazon and PayPal have said that they needed more time to comply with the RBI orders in this regard which came into effect on October 15.
 

 

Last week, two top American Senators wrote a letter to Prime Minister Narendra Modi, urging him to reconsider the RBI's decision on data localization.
 

Data localisation is an act of storing data on any device that is physically present within the borders of a particular country where the data was generated.

The Reserve Bank of India (RBI), in a circular in April, said all system providers will have to ensure that the entire data relating to payment systems operated by them are stored in a system only in India. It gave time till October 15 to comply with the mandate.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 18 2018 | 10:10 PM IST

Explore News