New AI Regulation Framework Draft to Be Released by Government
New Delhi, Feb 20 (IANS) The government announced on Tuesday that it is working on a draft regulatory framework for artificial intelligence (AI), which is expected to be unveiled by June-July this year. The decision comes amid rising concerns over deepfakes and potential harm associated with the use of AI technology.
Addressing a Nasscom event in the Capital, Minister of State for Electronics and IT, Rajeev Chandrasekhar, revealed that the government is prioritizing the development of a draft AI regulation framework for economic growth while also addressing potential risks and harms.
“The aim is to harness AI for economic growth and address potential risks and harms,” the minister stated. He emphasized the need to realize the potential of AI while also establishing safeguards to prevent misuse.
According to the Nasscom-BCG report unveiled at the event, India’s AI market is projected to grow at a 25 per cent compound annual growth rate (CAGR), reaching $17 billion by 2027. This growth will be accompanied by increased investment in AI technology.
In a separate announcement earlier this week, the government reiterated the legal obligation for internet platforms and social media intermediaries in India to ensure the prevention of misinformation and deepfakes on their respective platforms.
Minister Chandrasekhar highlighted the collaboration between the Misinformation Combat Alliance (MCA) and Meta to launch a dedicated fact-checking helpline on WhatsApp in India as a positive step in combating misinformation.
He further emphasized the legal obligation of all internet platforms and intermediaries in India to prevent the posting of misinformation and deepfakes by their users.
Earlier this month, the government reaffirmed its commitment to monitoring the compliance of intermediaries with the IT Rules, 2021, and emphasized the importance of adhering to the latest advisory by the IT Ministry.
The release of the draft regulatory framework for AI is expected to provide clarity and guidelines for the use of AI technology in India, ensuring responsible and ethical implementation in the future.
–IANS
na/
