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Internet of the future to be led by like-minded countries: MoS IT Rajeev Chandrasekhar
Economic Times
·
1y ago
Medial
In a speech at the India Internet Governance Forum, Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, expressed his belief that the future of the internet will be shaped by countries with shared values rather than a few dominant companies or nations. He emphasized the importance of a "multistakeholder" approach and consultative policymaking to ensure tech policy, regulation, and technology align with a vision for a democratic, safe, and secure internet. Chandrasekhar also acknowledged the need for stronger guardrails to prevent toxicity and user harm on the internet caused by the unchecked growth of tech companies.
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Correct: MoS IT on Vembu's 'Indian firms must retain talent' remark
Twitter
·
1y ago
Medial
Zoho CEO Sridhar Vembu said Indian companies need to invest in creating, nurturing and retaining talent as in coming decades, Japan, South Korea and Taiwan will all accelerate import of talent. Minister of State for IT Rajeev Chandrasekhar replied saying, "This is...absolutely correct reading of technology's future." "In technology [sector]...we're focussed on talent building," Chandrasekhar said.
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Digital India Act unlikely before 2024 general elections: MoS IT Rajeev Chandrasekhar
Economic Times
·
1y ago
Medial
The Digital India Act, aimed at replacing the 23-year-old IT Act of 2000, may not be implemented before the next general elections, according to Minister of State for Electronics and IT, Rajeev Chandrasekhar. He stated that there is limited time for extensive consultation on the Act. However, the rules for the Digital Personal Data Protection Act are expected to be released for consultation later this month and notified by the end of December or early January. The proposed Digital India Act includes provisions for open internet access, online safety, regulation of emerging technologies, and privacy regulations for devices like spy camera glasses.
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Chandrayaan 3 success is testament of our deep tech capabilities, says MoS IT Rajeev Chandrasekhar
IndianStartupNews
·
1y ago
Medial
Union Minister Rajeev Chandrasekhar highlighted India's increasing capabilities in deep tech, using Chandrayaan 3 as an example. He expressed confidence that India can achieve PM's vision of a digital economy contributing 20-25% to GDP. Chandrasekhar also mentioned India Stack's role in helping other countries adopt technology. India Stack offers APIs for paperless and cashless service delivery. Countries like Sri Lanka, Morocco, and the Philippines are using India Stack's technologies. India recently achieved a lunar landing on the moon's South Pole, further showcasing its technological prowess.
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India to develop its own foundational models: MoS IT Rajeev Chandrasekhar
Economic Times
·
1y ago
Medial
India's Minister of State for Electronics and IT, Rajeev Chandrasekhar, announced that India is planning to develop its own foundational models for artificial intelligence (AI) in response to the rise of AI models like OpenAI's ChatGPT and Google's Gemini. These models will be India-centric, focusing on areas such as healthcare, agriculture, education, and governance. Chandrasekhar also emphasized the importance of data in AI projects and mentioned that non-personal data collection platforms will be made available for Indian startups and companies. The government has allocated Rs 2,000 crore for startup financing in AI.
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India to soon launch Future Labs programme: MoS IT Rajeev Chandrasekhar
Economic Times
·
1y ago
Medial
The Indian government plans to launch a Digital India Future Labs program in partnership with government labs, startups, and large enterprises in the electronics sector, according to Minister of State for Electronics and IT, Rajeev Chandrasekhar. Additionally, an India Semiconductor Research Centre is also being established. Chandrasekhar emphasized the need for design innovation in semiconductors and hinted at upcoming announcements in this area. The government has received several high-quality proposals for fabricating facilities and outsourced semiconductor assembly and test proposals, demonstrating India's growing semiconductor and electronics ecosystem.
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Digital economy to contribute 20% of India's GDP by 2026: MoS IT Rajeev Chandrasekhar
Economic Times
·
1y ago
Medial
According to Union Minister Rajeev Chandrasekhar, the digital economy is expected to contribute 20% of India's GDP by 2026. He mentioned that the digital economy has already grown from 4.5% to 11% of the GDP since 2014. India has transformed from being a consumer of technology to a producer of devices, products, and platforms for the world. Chandrasekhar believes that the next decade will be full of opportunities for startups and innovation in India.
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Next wave of startups from India to be on deeptech, IP-based devices: MoS IT Rajeev Chandrasekhar
Economic Times
·
1y ago
Medial
According to Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, the next wave of startups in India will focus on intellectual property-based products in deep tech areas like AI, semiconductors, quantum computing, and Web 3.0. The government is also considering supporting eligible startups to receive research and development assistance from global institutions. Additionally, there are plans to incorporate provisions in the IT rules to prohibit the distribution of deep-fake content if internet and social media intermediaries don't comply with advisories. The government is currently reviewing proposals for setting up semiconductor fabrication units and compound semiconductor chip fabrication units.
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Centre to support, fund Indian AI startups: MoS Rajeev Chandrasekhar
Inc42
·
1y ago
Medial
The Indian government plans to provide funding and support for artificial intelligence (AI) startups, according to Minister of State for Information Technology, Rajeev Chandrasekhar. The government aims to create a framework similar to the semiconductor industry to incentivize investments and nurture the AI ecosystem, with both private sector and public sector initiatives. Chandrasekhar also emphasized the need for a global regulatory framework for AI and highlighted the potential of AI to drive India's digital economy in sectors like healthcare, agriculture, and governance.
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Google apologised to govt over Gemini's reply on PM Modi: MoS IT Rajeev Chandrasekhar
Economic Times
·
1y ago
Medial
Google has issued an apology to the Indian government regarding its artificial intelligence (AI) platform, Gemini, for providing biased and objectionable responses to a query about Prime Minister Narendra Modi. The minister of state for IT & Electronics, Rajeev Chandrasekhar, revealed that Google admitted Gemini's unreliability in their response to a notice from the government. Chandrasekhar criticized AI platforms like Gemini for providing untested and biased results to users, calling for stricter regulations to prevent such occurrences. Additionally, Sundar Pichai, CEO of Alphabet, Google's parent company, faces uncertainty over his position amid the controversy surrounding Gemini.
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Don’t let regulation fall behind innovation, urges MoS IT Rajeev Chandrasekhar
Economic Times
·
1y ago
Medial
In his UK visit, the Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, highlighted the importance of not allowing regulation to lag behind innovation, particularly in the context of AI and its potential negative impacts. India aims to establish a comprehensive framework for AI regulation in the upcoming December summit, building on the Bletchley Declaration and the Global Partnership on AI (GPAI). The agreement signed by 29 countries emphasizes the need for collaborative efforts in identifying and mitigating risks associated with AI.
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