On May 22, Meta was fined a record $1.3 billion and was ordered to stop transferring Facebook data collected from users in Europe to the United States
Earlier, when the bill was withdrawn, Srikrishna urged the government to prioritise citizens during the drafting of the new bill.
The former Supreme Court judge said it’s understandable that the government wants to come up with a better data protection law as the various iterations of the bill were a “hotchpotch.”
Justice Srikrishna shot to fame after his retirement when he headed the "Srikrishna Commission" that investigated the Bombay communal riots of 1992–93.
The Justice Srikrishna headed Financial Sector Legislative Reforms Commission (FSLRC) today submitted its report to finance minister P Chidambaram.