Page 4 - It Ministry

Indian digital economy growing at 2.8%, will reach $1 trn by FY28: IT Min

India's digital economy is growing at 2.8 per cent per annum and is expected to reach USD 1 trillion by 2027-28, Minister of State for Electronics and IT Rajeev Chandrasekhar said at an outreach programme. The minister further said the value of the IndiaAI mission will be doubled to Rs 20,000 crore from Rs 10,000 crore. The government earlier expected India to reach the USD 1 trillion-mark by 2026-27 but the target has been moved by a year due to various reasons, including the Covid-19 pandemic, he said. "Digital economy is growing at the rate of 2.8 per cent because of the vision of Prime Minister Narendra Modi. His vision laid down in 2015 has played out well. We are already the fastest growing digital economy of the world. We are aiming to be USD 1 trillion digital economy by 2027-28," Chandrasekhar said. He was speaking at "Vishesh Sampark Abhiyan" on Monday evening at Union minister Hardeep Singh Puri's official residence. The event was attended by leaders of about 300 ITs, ..

Ready to fund up to 50% of AI compute infra: Meity secy S Krishnan

In order to speed up the entire process, the idea is to partner with a variety of private institutions so that we are able to work with the private sector in making this capacity available quickly

Artificial intelligence framework on the anvil, brainstorming begins

Dedicated regulation expected after the Lok Sabha elections

Meity calls for plans on India-EU cooperation on high-performance computing

The objective of the joint call is to create solutions and use cases in the mutual areas of interest using high-performance computing, said the ministry

Meity notifies fact check unit under PIB as official unit for Centre

The fact check unit under the Press Information Bureau will be the fact check unit for the central government, according to an official notification issued by Meity on Wednesday. The fact check unit has been notified under IT Rules of 2021. "The central government hereby notifies the Fact Check Unit under the Press Information Bureau of the Ministry of Information and Broadcasting as the fact check unit of the Central Government for the purposes of the said sub-clause, in respect of any business of the Central Government," the notification said.

India AI Mission gets Rs 2,000 crore for startups: Meity Startup Hub CEO

The government has earmarked over Rs 2,000 crore for funding and supporting AI-related startups, and the scheme will be rolled in the next fiscal, beginning April 1, a senior government official said on Tuesday. While speaking on the sidelines of Startup Mahakumbh, Meity Startup Hub CEO Jitendra Vijay said the government is providing a larger funding programme for the priority sector through various plans like a design-linked incentive scheme for semiconductor design, among others. "(The) Cabinet has approved India AI Mission where more than Rs 10,000 crore is being allocated in supporting AI ecosystem in India. More than Rs 2,000 crore is allocated for funding and supporting AI-related startups. We are looking more at figuring out mechanisms for the deployment of these programmes and schemes on both sides. This should be operationalised within the coming (fiscal) year," Vijay told PTI. The Cabinet approved the India AI Mission in the first week of March with an outlay of Rs 10,372

Govt's AI advisory needs changes, should focus on risky apps: GTRI

The government's advisory on artificial intelligence (AI) needs certain modifications such as a clear definition of "significant platforms", focus on applications with higher risks of spreading misinformation, and a transparent approval process, for the growth of AI technologies in India, a report said on Thursday. Days after Google's AI platform's response to queries on Prime Minister Narendra Modi generated controversy, the government earlier this month issued an advisory for social media and other platforms to label undertrial AI models and prevent hosting unlawful content. In an advisory to intermediaries/platforms on March 1, the Ministry of Electronics and Information Technology warned of criminal action in case of non-compliance. The advisory is applicable to significant players/platforms and untested platforms, not start-ups. The Global Trade Research Initiative (GTRI) also recommended that the government exempt the AI applications in areas of research medicine, education, .

Centre to develop non-personal data collection platform for India Inc

Govt plans to develop foundational models with a capacity of more than 100 billion parameters, said Union Minister Rajeev Chandrasekhar

Bombay HC refuses to grant interim stay on setting up fact-checking unit

The order was passed on a bunch of applications filed by standup comedian Kunal Kamra and others seeking a stay on the notification of the FCU

Norms against deepfakes and misinformation after elections: Vaishnaw

The government asked digital platforms to provide technical and business process solutions to prevent and weed out misinformation that can potentially harm society and democracy, Union Minister Ashwini Vaishnaw has said. He added that a well-thought legal structure against deepfakes and misinformation will be finalised after the elections. With poll season in India up ahead, digital platforms have upped election integrity efforts over the past weeks, while the government, through advisories and missives, has conveyed its zero tolerance for deepfakes and misinformation circulating on social media and other platforms. "...Misinformation in a vibrant and diverse democracy like ours, can really be very harmful. It can be harmful for society, for democracy, for the electoral process, and it can really impact our future and harmony of the society in a big way. "...So, we have been very categorical in our discussions with the platforms...they have taken many steps, they are continuously .

Aiming for 10% share of global ATMP/OSAT market in 5 yrs: Ashwini Vaishnaw

Vaishnaw talks of what India's semiconductor strategy will be in the next five to 10 years to make the country not only "aatmanirbhar" but also a global player in the business

'NITI for States' digital platform to foster Centre-state synthesis

B V R Subrahmanyam underscored the fundamental role the organisation can play in guiding states towards fulfilling their developmental objectives in consonance with the central government's growth

Google agrees to restore Indian apps on Play Store: IT Minister Vaishnaw

Google has agreed to restore delisted Indian apps on its Play Store and will work on a solution to the contentious payment issue, IT and Telecom Minister Ashwini Vaishnaw said on Tuesday. Google and startups had multiple rounds of discussion with the government on Monday, following which the tech giant agreed to restore the delisted apps. "We believe Google, and the startup community will be able to arrive at a long-term solution in the coming months," the minister said.

Combating online frauds: All you need to know about 'Chakshu' and 'DIP'

Minister Ashwini Vaishnaw introduced two new initiatives, Digital Intelligence Platform and Chakshu, as measures to tackle cybercrimes

Govt's AI advisory only for large platforms, not for startups: MeitY

Union minister Rajeev Chandrasekhar said that the advisory was aimed at preventing untested AI platforms from deploying on the Indian internet

Advisory on regulation of AI Platforms needs to be understood: IT Ministry

MeitY's advisory on the regulation of AI platforms, stipulates that large platforms seek explicit permission from the government to utilise AI in their software

Govt to meet Google, startup executives over app issue on Monday

8 of 10 delisted apps back on Play Store

Meity issues advisory, asks cos to take permit before launching AI products

The ministry has also asked platforms to ensure that the biases arising out of their AI models or platforms do not hamper the electoral process in India

Cabinet approves setting up of three semiconductor plants in India

Vaishnaw said that the total investment in three semiconductor units is estimated to be Rs 1.26 trillion

MeitY amends IT rules: Surveillance data to be deleted within 6 months

Previously, the power to delete surveillance records rested solely with the security agency responsible for the surveillance