Paytm CEO Vijay Shekhar Sharma praised the Digital Personal Data Protection Act (PDPA) as "well articulated" and a "step towards progress for India's digital economy." He took to Twitter to express his support for the bill, stating that it is "progress for India's digital economy" and that it "will catapult us towards a strong Trillion $ #DigitalIndia economy."
Sharma also said that the PDPA will help to protect the privacy of Indian citizens and that it will "create a level playing field for all players in the digital economy." He added that the PDPA is "a step in the right direction" and that he is "confident that it will help to build a more trusted and secure digital India."
Here is a tweet from Sharma about the PDPA:
“Digital Privacy and Data Protection law passed in parliament catapults us towards a strong Trillion $ #DigitalIndia economy. It is very well articulated, detailed and built by @Rajeev_GoI and India’s technology ministry @GOI_MeitY. This is exactly the kind of progress of our digital economy in the last 10 years, that inspires entrepreneurs to build for India, in India,” Sharma said.
The PDPA is a significant piece of legislation that is expected to have a major impact on the way that organizations collect, use, and store personal data in India. Sharma's support for the bill is a positive sign and it is likely that Paytm will be compliant with the PDPA when it comes into effect in 2024.
Post a Comment