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The Personal Data Protection Bill was on Wednesday referred to a joint select committee of both Houses of Parliament.
A resolution moved by Union Minister Ravi Shankar Prasad was passed by Lok Sabha by a voice vote.
The panel will have 20 members from Lok Sabha and 10 from Rajya Sabha. The Upper House will give names of the members it wants to send to the panel.
The Committee will give its report before the end of the Budget session, which usually begins in the last week of January.
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