The draft of the bill has apparently already been taken off the Indian government website (and is not found on the wayback machine of the Internet Archive) but there are some news reports on it.
http://www.deccanherald.com/content/544410/geospatial-info-sans-approval-may.html"No person shall acquire geospatial imagery or data including value
addition of any part of India either through any space or aerial
platforms such as satellite, aircraft, airships, balloons, unmanned
aerial vehicles or terrestrial vehicles, or any other means whatsoever
without general or special permission of the Security Vetting
Authority.”