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BJP plans to lure Facebook, Google, Yahoo if it comes to power

thestringshredder

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BJP plans to lure Facebook, Google, Yahoo if it comes to power
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NEW DELHI/BANGALORE: The Bharatiya Janata Party has said that if it comes to power it will create a policy environment where companies such as Google, Facebook and Yahoo will be encouraged to set up servers in India.

An official who is part of BJP's information technology team said the party is in discussions with various foreign and Indian IT companies and is keen to provide policy support to firms that currently have their servers outside the country.

"We are not forcing them, but it is our opinion that they should bring the data to India," said Vinit Goenka, national co-convenor of the IT cell of BJP, which is regarded as the frontrunner to form the government when results are declared on May 16.

Goenka, who also oversees e-governance for BJP, said the government has failed to create a sustainable technology policy environment to encourage companies to host Indian internet users' data within the country amid rising concerns about data security and privacy. "We are losing revenue out of it, and it is also a security threat to us. So that is the whole idea."

Concerns about data security increased after revelations by former US National Security Agency contractor Edward Snowden last year that the American government had direct access to large amounts of personal data from companies like Google, Facebook and Yahoo.

Over the past year, internet activists and privacy advocacy groups have been asking these companies to set up servers in India to ward off potential security threats and data breaches.

Government officials say companies such as Google and Twitter often deny their requests on user information as they are not bound by Indian laws.

"Why should most of the institutions in India have their data across the border, in other economies ... I don't doubt the intention of that country but tomorrow, for argument's sake, if they want to intrude into my data, they always can do that. So why should I leave this chance?" Goenka asked.

Cyber security experts said the absence of local servers raises privacy concerns and can complicate investigation of internet-related matters.

"These companies make huge amount of money from India, but they run away from the law," said Prashant Mali, an advocate specialising in cyber law and chairman of Mumbai-based Cyber Law Foundation.

Mali said that at present y gathering personal information about an internet user as part of an investigation can take between six months to a year as the request has to be routed through the US-based internet company and then the home affairs department in New Delhi.

"We believe that all sectors of the economy benefit from the ability to move data across borders. These benefits are due, in large part, to the advances in computing made possible by the internet -- which has lowered costs, increased productivity, and levelled the playing field," Google said in an emailed response to ET. Facebook did not offer comments.

Link - BJP plans to lure Facebook, Google, Yahoo if it comes to power - The Economic Times
 
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Google cap: US$400b
Facebook cap: US$160b
Yahoo cap: US$40b
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total: US$ US$ 500b = 25% of India GDP (2t)

If counting together with Apple (500b), Microsoft(330b) who are heavily connected to each other, they will be almost half of India GDP.

Weight before do promise.
 
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Google cap: US$400b
Facebook cap: US$160b
Yahoo cap: US$40b
------------------------------------
total: US$ US$ 500b = 25% of India GDP (2t)

If counting together with Apple (500b), Microsoft(330b) who are heavily connected to each other, they will be almost half of India GDP.

Weight before do promise.

The point is to start somewhere.
 
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"Why should most of the institutions in India have their data across the border, in other economies ... I don't doubt the intention of that country but tomorrow, for argument's sake, if they want to intrude into my data, they always can do that. So why should I leave this chance?" Goenka asked.

Interesting logic.

What if other countries start thinking along the same lines? What does it do to the Indian BPO industry?
 
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Google cap: US$400b
Facebook cap: US$160b
Yahoo cap: US$40b
------------------------------------
total: US$ US$ 500b = 25% of India GDP (2t)

If counting together with Apple (500b), Microsoft(330b) who are heavily connected to each other, they will be almost half of India GDP.

Weight before do promise.

What does market cap of a company have to do with investing in an economy? Going by this logic no company should have entered China, since the GDP of China in 2005 was approx 2300 MN USD? :crazy:

Please do enlighten. Else stop post cr@p.
 
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Interesting logic.

What if other countries start thinking along the same lines? What does it do to the Indian BPO industry?
Nothing, the point is that the data of Indian nationals be stored on Indian land.
Similarly, if companies of other countries think along the same lines then that is not a problem. The data can and many times is stored in their own country, but is accessed and processed in India.

Like a cloud.
 
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Nothing, the point is that the data of Indian nationals be stored on Indian land.
Similarly, if companies of other countries think along the same lines then that is not a problem. The data can and many times is stored in their own country, but is accessed and processed in India.

Like a cloud.

For the data to be displayed on a computer screen physically located in India, the data has to be accessible from India. At the moment of display, a copy of the data -- embedded in an HTML page, for instance -- leaves Australia and resides in India.
 
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For the data to be displayed on a computer screen physically located in India, the data has to be accessible from India. At the moment of display, a copy of the data -- embedded in an HTML page, for instance -- leaves Australia and resides in India.
Yes, however that is temporary. Any changes made to that data is again stored back in the host servers which are located abroad.

And this is already in practice by many BPO's. The Indian centers have to process the information which is saved back in the host country.
So the net effect is not much. Indian BPO industry will die eventually, but not for this reason, this wont even be an issue.
 
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Yes, however that is temporary. Any changes made to that data is again stored back in the host servers which are located abroad.

And this is already in practice by many BPO's. The Indian centers have to process the information which is saved back in the host country.
So the net effect is not much. Indian BPO industry will die eventually, but not for this reason, this wont even be an issue.

The issue is data privacy.

Even if the access is read-only, it could still result in a violation of privacy.

If my credit card account details are on display on a screen in India, I have to trust Indian laws to protect me.
 
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The issue is data privacy.

Even if the access is read-only, it could still result in a violation of privacy.

If my credit card account details are on display on a screen in India, I have to trust Indian laws to protect me.
By the same token, if you access my face book account, you can see my details wherever you are located even though my data is probably stored in the US and Singapore.

It works the same way.
In any case, the only thing that matters here, is that even if other countries demand this of companies, it wont affect Indian BPO's much. It would be marginal at best. And this is because this is already in operation in many companies.
 
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For the data to be displayed on a computer screen physically located in India, the data has to be accessible from India. At the moment of display, a copy of the data -- embedded in an HTML page, for instance -- leaves Australia and resides in India.

Dumb logic, they are not talking about stopping accessibilityy or stopping the whole global internet, talking about locating regional servers to safeguard personal data accumulated.
 
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By the same token, if you access my face book account, you can see my details wherever you are located even though my data is probably stored in the US and Singapore.

It works the same way.
In any case, the only thing that matters here, is that even if other countries demand this of companies, it wont affect Indian BPO's much. It would be marginal at best. And this is because this is already in operation in many companies.

No comparison.

Anything you post on facebook is public. When you signed up, you agreed to a set of terms and conditions.

By contrast, there are strict laws around access to financial data.

Dumb logic, they are not talking about stopping accessibilityy or stopping the whole global internet, talking about locating regional servers to safeguard personal data accumulated.

They are talking about who has access to the data and control over it.
 
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wouldn't the thing to do be creating these companies? I mean at this point they don't have revolutionary technology.

This is why I have a problem with India too ok with using Western companies, American companies to be specific. You are literally feeding the beast that will start to contain you if you get too powerful. So the US will at some point start harassing India anyways.

Before you say you are too connected business wise, Americans will keep use Indian services if it's good. No matter what you do at this point there is no way you can do worse than what we are doing to the US. Yet we still export to US like crazy.

It's not a popularity contest, and even if it is, it's the guy that makes the money that's popular, not the one that obey the rules. Nice guys don't finish last, idiots do.
 
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No comparison.

Anything you post on facebook is public. When you signed up, you agreed to a set of terms and conditions.

By contrast, there are strict laws around access to financial data.
Exactly. And foreign companies will locate their data on Indian soil only when the conditions are met. - financial laws adhere to the international standards.

So you will have to trust the brand to take that decision for you. Else you can ofcourse choose a different brand.
 
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