Page 8 - It Ministry

Planning a 'negative list' of nations for cross border data transfer: Govt

The legislation will empower the cross-border flow of data across all countries "by default" unless a country features on the negative list

India lacks talent to meet chip manufacturing requirements: Meity official

There is no skilled talent available to handle chip manufacturing plants in India, and there will be a requirement of 10,000-13,000 human resources to meet industry requirements by 2027, a Meity official said on Friday, citing an internal report. While speaking at a panel discussion on Electronics Sector Skill Council foundation day, Ministry of Electronics and IT Scientist 'E' Prashant Kumar said that India has a big pool of semiconductor design engineers, but to handle semiconductor plants, talents will initially come from overseas, and gradually resources will be developed in the country. "For semiconductor manufacturing, other than Strategic Works, SCL etc, we do not have skilled manpower readily available in India. There will be around 10,000-13,000 kinds of requirements for semiconductor manufacturing," he said citing the task force report. He later said the manpower to handle the wafer fab (semiconductor manufacturing plant) will initially come from outside, and then the ...

Indian startups have deposits of about $1 bn in SVB: Deputy IT minister

Indian startups had deposits worth about $1 billion with embattled Silicon Valley Bank and the country's deputy IT minister said he had suggested that local banks lend more to them going ahead

IT ministry and industry cooperating to implement security guidelines: ICEA

The India Cellular and Electronics Industry (ICEA) on Wednesday said the IT Ministry is working closely with the industry to implement mobile security guidelines

Rajeev Chandrasekhar denies reports of mandatory lab testing of OS updates

On Tuesday, Reuters reported that India might ask smartphone makers to allow the removal of pre-installed apps and mandate screening of major operating system updates

First India chip fab to be announced in a few weeks: Ashwini Vaishnaw

Country will have a vibrant semiconductor industry in 3-4 years: Ashwini Vaishnaw

Govt's new security testing plan targets pre-installed phone apps

Smartphone players often sell their devices with proprietary apps, but also sometimes pre-install others with which they have monetisation agreements

India-European Union trade council's first ministerial meet by June

Last month, both sides constituted three trade working groups under the council that will cover key issues, such as strategic technologies, digital governance, connectivity and trade

MoS IT Chandrasekhar to take up SVB-liked startups' woes with FinMin

The IT ministry will take up woes of Indian startups impacted by the Silicon Valley Bank collapse with the finance ministry to help them navigate through the crisis and address the immediate liquidity crunch they are facing, Union Minister Rajeev Chandrasekhar said on Tuesday. The Minister of State for Electronics and IT during interactions with startups asked them to engage with the Indian banking system, which has been very robust and assured them of resolving teething issues they may face. Though startups and venture capitalists said that the US government authorities have assured of returning full money to the depositors, there is no clarity on the timelines, which will lead to a liquidity crunch in the firms that have been impacted by the SVB collapse, according to the minister. "I am going to put together a suggestion list and give it to the honourable finance minister on your behalf, and work closely with the government of India as a whole," Chandrasekhar said. Most of the .

Govt focussed on semi conductor industry: Union Minister Ashwini Vaishnaw

Minister for Electronics, Railways and Telecom Ashwini Vaishnaw on Tuesday said that the government is focussing on the semi conductor industry for India

PM Modi is laser-focussed to help startups: MoS Rajeev Chandrasekhar

Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, on Tuesday interacted with over 100 startups and venture capitalists (VCs), and assured them that the Narendra Modi government

Govt planning to set up index to track states on their digital initiatives

The index will establish better coordination among states for learning from each other's work in the domain

SVB resolution reassuring, will bring relief to startups: Ashwini Vaishnaw

Amid US administration's move to protect depositors of Silicon Valley Bank, IT Minister Ashwini Vaishnaw on Monday said that the SVB resolution is "reassuring" and will bring relief to startups. The Biden administration has announced that depositors of the failed Silicon Valley Bank will have access to their money from Monday. "SVB resolution is reassuring. (It) will bring relief to startups," Vaishnaw told PTI. US President Joe Biden on Monday sought to reassure Americans that they can have confidence that the US banking system is "safe" and vowed stricter bank regulation after a string of bank failures raised concerns about the nation's financial stability. Federal regulators have stepped to back all Silicon Valley Bank deposits. The failure of Silicon Valley Bank, last week, left many startups, tech companies, entrepreneurs and VC funds nervous and jittery. California-based Silicon Valley Bank (SVB), the 16th largest bank in the United States, was closed on Friday by the Calif

Meity forms task force to draft roadmap for IndiaAI ecosystem by April end

The Ministry of Electronics and IT on Monday set up a task force for framing a draft roadmap for the artificial intelligence ecosystem by end of April. Minister of State for Electronics and IT Rajeev Chandrasekhar after consultation with startups and IT companies working on artificial intelligence announced setting up of an IndiaAI platform which will focus on boosting research and facilitating tools required for the start-up community for growth. "IndiaAI platform will focus on promoting Indian Startups, Research and Innovation. I expect task force to come up with design of IndiaAI by end of April," Chandrasekhar said. According to estimates, AI is expected to add USD 967 billion to the Indian economy by 2035 and USD 450500 billion to India's GDP by 2025, accounting for 10 per cent of the country's USD 5 trillion GDP target. IT industry Nasscom President Debjani Ghosh during the discussion asked the government to prepare a roadmap based on sectors like clean tech, biotech, and spa

Online crime: MeitY urges adjudicatory system in Digital Bill presentation

Govt likely to make amendments to IPC and CrPC in tandem with the enactment of the Digital India Act to effectively deal with new types of cybercrimes

Govt developing platform to update DigiLocker documents using Aadhaar

The IT ministry plans to first approach departments that issue important documents such as driving licenses, ration cards, voter ID cards, etc. Passports are likely to be brought in later

Online gaming sector hails govt's move to make IT ministry as nodal agency

The Federation of Indian Fantasy Sports hailed the Union government's move to appoint the Ministry of Electronics and Information Technology (MeitY) as the nodal point for regulations in the online gaming sector. In its meeting here on Friday, the FIFS, formed in 2017 to create a thriving ecosystem for users and operators of fantasy sports, said it will help the sector, which contributes extensively to the country's economy. The meet was attended by Goa transport minister Mauvin Godinho, FIFS chairman Bimal Julka, director general Joy Bhattacharjya, and heads of several online gaming firms. Addressing the meet, Godinho said Goa was keen on attracting investments from the online gaming sector as the state is the best place for innovation. The meet deliberated on regulations for the online gaming industry in the Union Budget, the future of the Animation-Visual Effects-Gaming-Comics (AVGC) sector, and the appointment of MeitY as the nodal ministry for skill-based online games, an FIFS

Electronics, innovation undergoing change, nations must work together: Govt

Minister of State for IT Rajeev Chandrasekhar on Saturday said there is a fundamental reset underway in semiconductor, electronics and innovation world order post-COVID, and like-minded nations need to work together on a cooperative framework to shape the future of technology. To safeguard citizens from online user harm, India has defined the boundary conditions of openness, safety and trust as well as accountability for platforms and companies to operate on the Indian Internet, the minister said and hoped that with global cooperation these principles will find a wider play among other nations. Chandrasekhar was speaking at a panel discussion on 'Democracy's Eleven: Protecting our Technology Future' at the Raisina Dialogue 2023. To a question on internet shutdown in India, the minister said that the internet shutdowns as percentage of the total number of online users in India as also the diversity or enormity of content ecosystem, is among the smallest in the world. Moreover, any .

No doubt on DPDP Bill, being readied for Parliament approval soon: MoS IT

The new draft will allow cross-border transfer of some users' data with "certain notified countries and territories"

MoS IT launches Grievance Appellate Committee to ensure safe internet

"The move is to make sure that the internet remains open and safe for users in the country. These are early days for the committee and it will keep evolving as days progress," the minister said