Union Minister of State for Skill Development and Entrepreneurship, electronics, information & technology Rajiv chandrashekharan today said that privacy and data protection is fundamental need for today's IT age. The minister was addressing the Mumbai Tech Week conference via video conferencing today.<br />''<br />''Talking about the regulation in entrepreneurship the minister said that Government's approach to create a regulations framework which is open and it is adopting new things which were not present earlier.<br />''<br />''The Minister said that a  tremendous regulatory reform took place in the last 5-6 years.He added that Govetnment wants open ecosystem that will protect our consumers which is well regulated.<br />''<br />''<span style="color: #222222;">As far as semi conductor manufacturing is concerned the minister said that India  will be ahead of china in many areas of semiconductor as we have good technological partner countries like US,JAPAN.</span><br />