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Nirmala Sitharaman, the finance minister, said on Wednesday that a new data privacy law will be introduced in India "soon." The minister for information technology, Ashwini Vaishnaw, said she was working on it and that the new Bill will address all of the concerns that the majority of people had with the privacy Bill. The government announced last month that it was working on a new, comprehensive law and withdrew the contentious Personal Data Protection Bill. The 2019 Bill proposes imposing strict limits on international data transfers and suggested giving the government the authority to request user data from businesses.
Sitharaman made comments regarding the new data privacy bill's introduction today at the India Ideas Summit, which was hosted by the US-India Business Council, according to a report by PTI.
She allegedly stated, "We will soon have a new Data Privacy Bill, which will be a product of consultations and will address every such worry most of us had on the privacy Bill.
The government withdrew the Personal Data Protection Measure 2019 in August after a parliamentary panel's evaluation of the bill recommended numerous revisions. In a bill with 99 sections, the joint committee suggested 81 revisions, according to Ashwini Vaishnaw, the union minister of electronics and information technology. According to reports, there are over 12 additional recommendations, and a new bill would be introduced that would be compatible with the overall legal framework.
Large technological firms, including Facebook and Google, had expressed worry about the Bill's potential to increase their compliance burden and data storage obligations.
