From: Hemen Parekh
[mailto:hcp@recruitguru.com]
Sent: Thursday, January 31, 2019 1:55 PM
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Subject: FORGET ABOUT UNIVERSAL BASIC INCOME : GRAB THIS CHANCE
Data is the New Oil
------------------------
This
is what we are being told by the economists and other internet experts (
including Mukesh Ambani )
That
begs following question :
If
old Oil made citizens of those OPEC countries so rich , can new Oil ( citizen’s private / personal data ) , make Indian
rich ?
I
always believed it could - and in order to realize that dream , I suggested a
mechanism in the form of :
And
repeatedly urged Shri Ravi Shankar Prasadji , to
modify the proposed DATA PROTECTION BILL to incorporate
my suggestion , which would enable 300 million Indian users of Facebook to earn
$ 20 ( Rs 1,400 )
per month !
Far
more than that Rs 600 per
month that might get announced in tomorrow’s BUDGET under Universal
Basic Income !
Here
is the evidence :
Extract :
According to a report, the Menlo Park,
California-based company is paying as much as $20 (roughly Rs. 1,400 ) monthly to
people to install a VPN app called Facebook Research on their iOS or Android
smartphones.
The Android and iOS app, the existence of which
Facebook has confirmed, is offered via third-party app testing platforms and asks for root-level permissions,
giving it broad access to the activity on the participating user's smartphone. The Android app will
continue to be offered, Facebook said.
Facebook responded…………..It wasn't
‘spying' as all of the people who signed up to participate went through a clear on-boarding process asking for their
permission and were paid
to participate.
====================================
To the critiques ( of my suggestion ) :
Of
course , Facebook will not agree to pay $ 20 ( Rs 1400 ) per month to its 300
million Indian users for parting with their personal data ( - there are 10
ascending DATA LEVELS described in my proposal –
each carrying higher price tag )
But
, among the Social Media web sites , there seems to be an acceptance ( - even
if grudging ) that they will need to compensate their users for their personal
data , using which they have minted billions of dollars of Ad Revenue over the
years – and continue to do so
If
all the countries agree to implement my suggestion , I have no doubt that all
the Social Media web sites will fall in line and agree to share their profits
with their users
This
is a golden opportunity for India to lead the rest of the World !
And
, my suggestion is not confined to only the Social Media web sites
It
covers ALL web sites including E Com / Search engines / Fintech / Apps / Mobile
Wallets etc
Even
if each of these sites / apps , agrees to pay its user , just $ 1 ( Rs 70 ) per
month, it is entirely possible that the Indian Government need not,
#
Introduce Universal Basic Income
#
Worry about finding Rs 7 lakh*crore per year
#
Hassle with the thorny issue of “ WHO “ is poor enough to be eligible for UBI
#
Fret over the method of this Direct Benefit Transfer
#
Decide which of its existing subsidies need to be withdrawn ( - horror in an
election year ! )
Dear Shri Ravi Shankar Prasadji ,
I
am sure , you will not fail to see the SIMPLICITY / ELEGANCE of my suggestion ,
which does not impose any financial strain on the exchequer , nor fear any
opposition from other political parties
Just re-draft that Data Protection Bill
================================================================
31
Jan 2019
