The Ministry of Electronics and Information Technology (Meity) is poised to unveil the initial draft of its artificial intelligence (AI) policy in the next five to six months, according to sources in the know.
Meity has been drawing up a comprehensive framework for regulating AI in India, with deepfake regulation being an integral component of this AI framework, a senior government official informed Business Standard.
“At present, we are conducting internal consultations with legal minds and other stakeholders. Once we have a reasonable draft, we’ll then engage in broader consultations,” the official said.
Until AI regulation is formalised, issues like deepfakes stemming from AI are being addressed in accordance with existing policies under the Information Technology Act, 2020.
Presently, the European Union stands as the sole jurisdiction globally to have enacted comprehensive legislation on AI.
Other regions attempting AI regulation include the US, which has adopted a more light-touch voluntary compliance approach, while China’s strategy focuses on maintaining social stability and state control over technology.
India aims to mitigate risks associated with AI while simultaneously ensuring that regulation does not impede the country’s opportunities for AI-led growth.
IT Minister Ashwini Vaishnaw has repeatedly stressed the importance of striking a balance between innovation and regulation in the context of increasing use of AI.
“We must reach a consensus on how society can proceed. In India, we believe in achieving a fine equilibrium between innovation and regulation in the case of AI,” said the minister during a conference in Delhi in April.
Earlier reports from Business Standard highlighted the government’s formation of a high-powered committee to examine AI regulation, comprising representatives from various ministries, academia, industry associations, including National Association of Software and Service Companies, and think tanks.
Meity having internal consultations with stakeholders
Ministry also engaging with global forums on AI and studying frameworks across different jurisdictions
Currently, only the EU has passed comprehensive legislation on AI
India seeking to balance innovation and regulation amid rising use of AI