Recently RBI sets global companies a deadline for storing financial data in India. In this context, explain the concept of data localization. Critically examine whether India’s push for data localization is a right step or not

Recently RBI sets global companies a deadline for storing financial da

1.	Recently RBI sets global companies a deadline for storing financial data in India. In this context, explain the concept of data localization. Critically examine whether India’s push for data localization is a right step or not
Answer» Recently RBI sets global companies a deadline for storing financial data in India. In this context, explain the concept of data localization. Critically examine whether India’s push for data localization is a right step or not