The Indian government has released a draft of its national e-commerce policy, where it proposed the regulation of cross-border data flows, Bloomberg reports. The draft policy states companies that collect or process sensitive data in India and store it overseas should not share the information with any other entity, regardless of whether a consumer has given consent. The policy also seeks cross-border data restrictions on information collected by internet-of-things devices, social media and search engines. “India’s data should be used for the country’s development and Indian citizens and companies should get the economic benefits from the monetization of data,” the draft states. (Registration may be required to access this story.) 
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