The government had on Friday released the draft of the proposed Bill for public comments. Data Protection Bill 2022: Centre Releases Draft of the Legislation, Proposes Rs 250 Crore Fine For Personal Information Breach.
Sources informed that the Bill will cover aspects related to digital data and will hold those entities accountable which are monetising data.
In case of data breach, even the government won't be exempted, the source said. Aadhaar Card Holders Can Get Rs 4,78,000 Loan From Central Government? PIB Fact Check Debunks Fake Claim.
The draft legislation has exempted certain entities notified as data fiduciaries by the government from various compliances, including sharing details for the purpose of data collection.
It has also proposed a penalty of up to Rs 500 crore in case data fiduciaries or entities processing data on their behalf violate any provisions of the Bill.
(The above story first appeared on LatestLY on Nov 19, 2022 07:59 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).