: Private sector collaboration, a major suggestion at NDGFP meet #finance #StockMarketNEWS Private sector collaboration, a major suggestion at NDGFP meet New Delhi, June 16 (KNN) A stakeholders

Private sector collaboration, a major suggestion at NDGFP meet #finance #StockMarketNEWS
Private sector collaboration, a major suggestion at NDGFP meet New Delhi, June 16 (KNN) A stakeholders meet on the Draft National Data Governance Framework Policy was called at India Habitat Center on Tuesday to build a modern framework for data governance.

Key suggestion made at the meet included active collaboration with private sector and social impact firms to build data capacity, continuation of the consultative process informing the functioning of the IDMO amongst others.

Over 250 stakeholders from industry, start-ups, academia, think tanks, international alliances & government officials from various ministries were present at the meet.

Rajeev Chandrasekhar, Minister of State, Electronics & Information Technology and Skill Development & Entrepreneurship highlighted the rapid digitalization of the government and Nagriks, within India, and the subsequent rise in data volumes necessitating a framework for harnessing the potential of this data.

NDGFP aims at standardising Governments Data collection and management while catalysing AI and Data led research and startup ecosystem, he added.

The draft policy and the sound foundation upon which it is built will focus on improving the institutional framework for government data sharing, promoting principles around privacy, encouraging the use of anonymization tools and ensuring equitable access to non-personal data for both the public and private sector. (KNN Bureau)

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