MeitY to Fast-Track DPDP Compliance for Big Tech, Banks to 12 Months
Business
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Moneycontrol•23-01-2026, 09:31
MeitY to Fast-Track DPDP Compliance for Big Tech, Banks to 12 Months
- •MeitY plans to shorten the Digital Personal Data Protection Act (DPDP) compliance window for significant data fiduciaries (SDFs) from 18 to 12 months.
- •This accelerated timeline will impact major tech firms like Meta, Google, Amazon, Microsoft, and large banking, financial services, and insurance companies.
- •Industry executives anticipate resistance due to the complexity of legacy systems and data localization requirements, making a 12-month window challenging.
- •MeitY also proposes immediate implementation of government's power to seek information from data fiduciaries and faster operationalization of cross-border data transfer rules.
- •Data retention timelines are also set to shrink, with a proposal for implementation within 90 days for retaining personal data for a minimum of one year.
Why It Matters: MeitY is accelerating DPDP compliance for big tech and banks, reducing the window to 12 months.
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