Firms may get up to 2 yrs to comply with Data Law

BENGALURU | NEW DELHI: The government will likely give companies up to two years to be fully compliant with the proposals in the Data Protection Bill after it is passed in Parliament and becomes law, official sources told ET.

The industry is of the view that since the Bill is modelled on the European Union’s General Data Protection Regulation (GDPR), large companies, including global Internet giants and Indian information technology companies, may not have to put too much efforts to tweak their systems to comply with the proposed Indian law. “Some time — around two years — will be given to the companies to be compliant with the law,” said a top government official, adding that the government would soon decide on the exact timeline for the implementation of the Bill.