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SHORT ANSWER: The Personal Data Protection Bill aims to regulate the processing of personal data in India. DETAILS: - Establishes a framework for the protection of personal data of individuals. - Requires data fiduciaries to obtain consent before processing personal data. - Mandates data localization and storage of certain data within India. - Provides rights to individuals, such as the right to access, correction, and erasure of their data. - Establishes a Data Protection Authority to oversee compliance and address grievances. PUNISHMENT / IMPLICATIONS (if applicable): - Penalties for non-compliance can be up to ₹15 crore or 4% of the annual global turnover, whichever is higher. SOURCE: - Personal Data Protection Bill, 2019
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