Opinion | Don’t stifle our digital economy with overbearing regulations

India’s place as a leading digital economy received resounding validation through Facebook’s $5.7 billion investment in Jio Platforms. This is in addition to a collaboration between the two data behemoths on an e-commerce offering through Facebook’s all-pervasive WhatsApp messaging service. This is the largest foreign investment in the digital and technology space in India till date. On another note, the Personal Data Protection Bill—which, if enacted, will redefine the entire functioning of the digital economy in the country—is pending before Parliament. It is, therefore, an opportune time to review our approach to data-protection regulation and the future of our digital economy.