For representational purposes 
Business

Data 'of the people, by the people, for the people' must become government's mantra: Economic Survey

The survey asserted that the benefits of creating data as a public good can be generated within the legal framework of data privacy.

From our online archive

NEW DELHI: Data "of the people, by the people, for the people" must become the mantra for the government, which needs to view data as a "public good" and make necessary investments, Economic Survey said on Thursday.

The Economic Survey for 2018-19 asserted that the benefits of creating data as a public good can be generated within the legal framework of data privacy.

It emphasised that the data and information highway must be viewed as equally important infrastructure as the physical highways. "Such a stance can help India leapfrog to utilise the benefits of technological advances for the welfare of its people. In the spirit of the Constitution of India, data 'of the people, by the people, for the people' must, therefore, become the mantra for the government," it said in a full chapter dedicated to data.

It noted that India, through unique identification programme Aadhaar, has been at the forefront of data and technology revolution which is unfolding. The Survey said that since data for social welfare may not be generated by the private sector in optimal quantity, the government needs to view data as a public good and make the necessary investments.

RBI says economy resilient, banks stronger but warns of rising risks from unsecured loans, stablecoins

Dozens dead, 100 injured after fire rips through ski resort town in Switzerland

Violence feared between rival Matua factions backing TMC and BJP ahead of Abhishek Banerjee's Thakurnagar visit

Day after he was granted bail, molestation accused sets victim's husband on fire in Maharashtra

Gold missing from more artefacts in Sabarimala temple, stolen materials not fully recovered: SIT tells court

SCROLL FOR NEXT