According to multiple online reports, Apple has rolled out a new feature called App Privacy Report. The feature has been made available in iOS 15.2 beta version.
source https://timesofindia.indiatimes.com/gadgets-news/apple-will-soon-tell-iphone-users-what-data-is-collected-by-apps/articleshow/87326375.cms
source https://timesofindia.indiatimes.com/gadgets-news/apple-will-soon-tell-iphone-users-what-data-is-collected-by-apps/articleshow/87326375.cms