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Parliamentary panel questions Paytm about Chinese investment, storing of data in servers abroad

Parliamentary panel questions Paytm about Chinese investment, storing of data in servers abroad

Parliamentary panel questions Paytm about Chinese investment, storing of data in servers abroad
October 30
12:14 2020

Members of the panel from different political parties asked Paytm why the server on which data of its customers is collected and stored is abroad when it claims to be an Indian firm

A parliamentary panel on Thursday questioned Paytm representatives about the quantum of Chinese investment in the company and told them that the servers on which customer data is stored should be in India.

High ranking representatives of Paytm showed up before the Joint Committee of Parliament on the Personal Data Protection Bill, and presented their recommendations on key parts of the proposed enactment, for example, the executives and move abroad of delicate individual information, sources said.

Individuals from the board from various ideological groups asked Paytm for what good reason the worker on which information of its clients is gathered and put away is abroad when it professes to be an Indian firm, sources said.

The board individuals revealed to Paytm agents that the worker on which client information is put away ought to be situated in India, sources stated, adding that they likewise needed to think about the quantum of Chinese interests in the computerized installment administration and particulars about its “backend linkages”.

Questions were additionally raised about the conceivable irreconcilable circumstance thinking about that Paytm likewise sells its own items on its online business stage, they said.

In its accommodation before the board, Paytm said touchy and individual information might be moved external India to handle when unequivocal assent is given by the “information head” for such exchange.

Facebook, Twitter, and Amazon have ousted before the board, while agents of telecom administrators Reliance Jio and Airtel and taxi aggregators Ola and Uber have been approached to show up before it.

The council, led by BJP MP Meenakshi Lekhi, is looking at the Personal Data Protection Bill, 2019.

The Personal Data Protection Bill was presented in Lok Sabha by Minister of Electronics and Information Technology Ravi Shankar Prasad on December 11, 2019. The bill tries to accommodate the security of individual information of people and the foundation of an information insurance expert for the equivalent.

The bill has later alluded to a joint select board of trustees of the two Houses of Parliament. The proposed law looks for a bar on putting away and handling of individual information by substances without the express assent of a person.

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