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Social media giant Facebook urged India to allow free flow of data across borders and not hoard it

Facebook has asked India to allow free flow of data across borders to discover its true value and pressed the nation not to hoard it. It says data is not a finite commodity like oil to be owned and traded, which can lead to prosperity in the future due to higher reserves. Global Head Nick Clegg added data is like water, with the global internet like a great borderless ocean of currents and tides.