JPC questions Paytm over Chinese investment, Google over regulatory mechanism
New Delhi: The joint parliamentary committee (JPC) on The Personal Data Protection Bill on Thursday questioned e-commerce payment company Paytm over if they had any Chinese investments and posed queries to technology giant Google over the need of a regulatory mechanism in its functioning. Both the companies have now been asked by the panel to submit a written affidavit giving detailed response to a series of questions posed over their formal structure, taxation, access to data, privacy and data storage among others.
The parliamentary panel, which has already heard views of Twitter, Facebook and Amazon, is widening its ambit of scrutiny and has scheduled six rounds of meetings spread over three days next week with representatives of Jio Platforms Ltd, Reliance Jio Infocomm Ltd, Ola, Uber Technologies Inc., Bharti Airtel and Truecaller.
“Paytm has to give in writing about the Chinese investment in the company, they have already provided the information verbally but we have asked them to give us in writing.