The Ministry of Electronics and Information Technology (MeitY) is reportedly in talks with Google Play Store to restrict lending apps from accessing user data in order to reduce malpractices by digital lending apps.
According to sources in the ministry, some officials are pushing for broad restrictions on such apps, while others believe the issues can only be addressed on a case-by-case basis. According to the report, MeitY is considering legal provisions to limit app access to only the data required for their operations. MeitY officials are also investigating why such apps require access to users’ contact information, media, and messages.
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The Ministry of Electronics and Information Technology (MeitY) is reportedly in talks with Google Play Store to restrict lending apps from accessing user data in order to reduce malpractices by digital lending apps.
According to sources in the ministry, some officials are pushing for broad restrictions on such apps, while others believe the issues can only be addressed on a case-by-case basis. According to the report, MeitY is considering legal provisions to limit app access to only the data required for their operations. MeitY officials are also investigating why such apps require access to users’ contact information, media, and messages.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
