The Government will come out with a draft regulatory framework for artificial intelligence (AI) by June-July, Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said on February 20.
Addressing the opening session of the two-day Nasscom leadership summit in Mumbai, he said, "The Government is working on a draft AI regulation framework that is set for release in June or July this year. The intention is to harness AI for economic growth and address potential risks and harms."
Mr. Chandrasekhar said the Government is also determined to train individuals who are skilled in AI. "We will fully exploit the potential of AI but set up the guardrails as well to prevent misuse. We are today seen by the world at the forefront to harness AI technology. We are all for deploying AI across use cases, from farm to factories and we want to use AI for economic growth, healthcare, agriculture, and farmer productivity," the Minister said.