Page 9 - It Ministry

Graded KYC for online gaming platforms likely to receive MeitY approval

Platforms must follow verification procedure as prescribed under RBI's directions for entities regulated by it

UIDAI starts security mechanism for faster detection of spoofing attempts

UIDAI under the Ministry of Electronics and IT has successfully rolled out a new security mechanism for Aadhaar-based fingerprint authentication and faster detection of spoofing attempts

Govt to approve upto 2 chip manufacturing units this year: Chandrasekhar

The government expects to approve up to two applications this year to start building electronic chip manufacturing plants in the country, minister of state for electronics and IT Rajeev Chandrasekhar said on Friday. While speaking on the sidelines of the SemiconIndia Future Design Conference, the minister told PTI that the current situation of slowdown in the electronic chip business will not have any impact on India's semiconductor programme as the impact is cyclical in nature but the programme has been conceived with long-term vision. "The year 2023 will be an important milestone. We will cross Rs 1 lakh crore in mobile phone exports this year. We will be certainly announcing one to two fabs in India to be commencing construction," Chandrasekhar said. The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with investments of Rs 1.53 lakh crore a year ago. Vedanta Foxconn JV, IGSS Ventures and ISMC propose to set u

Telangana targets $250 bn life sciences ecosystem by 2030: Minister KTR

Aiming to position Hyderabad as the "Health-Tech Mecca" of the world, Telangana Minister for IT and Industries K T Rama Rao on Friday said the government targets to triple the life sciences sector ecosystem in the state to USD 250 billion by 2030 from the existing USD 80 billion. Speaking at the 20th Edition of BioAsia 2023, a three-day life sciences conclave which began here today, KTR said the state is home to over 1,000 life sciences companies globally, including the top 10 pharma firms, in their innovation journey. He said the ecosystem value has already touched USD 80 billion in 2022 which represents a phenomenal ecosystem value growth in Telangana at a mind-boggling 23 per cent over the last two years compared to the national average of about 14 per cent. "We have a unique opportunity to help reshape the future of the life sciences industry. We need to dream big. I envision that by 2030, the value of the life sciences ecosystem will cross USD 250 billion," he said. He further

What are deepfakes, and why is the world finding it hard to detect them?

Deepfakes' realism is their strength, but it is what makes it a headache for tech companies and the world in general

Tamil Nadu to revisit policy on cyber security: IT Minister Mano Thangaraj

The Tamil Nadu Information Technology Department was working in upgrading its policy on cyber security and was holding discussions with various stake-holders in this connection, Minister T Mano Thangaraj said here on Tuesday. The Minister for Information Technology and Digital Services appealed to the industry experts to ensure adoption of technology by various government departments. "We are revisiting the cyber security policy. We have convened a meeting asking all the people from the information technology sector to give us any recommendation and suggestions whatever they need...," he said. Thangaraj was addressing the members of various industry associations on 'UMAGINE CHENNAI' here organised by the Confederation of Indian Industry, Tamil Nadu. He said there was huge potential on the use of technology among government departments. Referring to his recent visit to Finland, Thangaraj said he was not able to see a single policeman to regulate traffic as everything was automated.

Digital space can't be dominated by few large cos: MoS IT Chandrasekhar

India will not allow domination of digital space by 1-2 big players and boundary conditions of openness and fair choice to users will have to be followed, IT Minister Rajeev Chandrasekhar said on Saturday as he outlined how the country is racing full steam ahead towards its trillion dollar digital economy goal. Addressing the Economic Times Global Business Summit 2023, the Minister agreed that time has come for clear standards to be defined for new-age technologies such as AI (Artificial Intelligence) and ML (Machine Learning), and asserted that innovation cannot be a reason to escape scrutiny and accountability. The upcoming Digital India Act, which is set to replace the 22 year old IT Act (currently regulating the internet), will address this area, he said. As many as 80 crore Indians are now online, and by 2025 that number will rise to 120 crore (1.2 billion), making India the largest connected country in the world and the largest presence on the global internet. India will be .

Data embassies may only be allowed to store non-personal information

A senior govt official says MeitY plans to draft a separate Policy for Data Embassies, instead of including it in Digital Personal Data Protection Bill, 2022

Kissht to LazyPay: Centre revokes order blocking seven loan apps

Decision taken after presentations from the platforms and reviewing documents justifying compliance, says official

How to use Digilocker to store official Identity Cards and documents

You can store 300 types of documents, including video KYC, PMJDY accounts on this app, which comes in 12 languages

Govt asks blocked lending apps to submit documents proving legality

Even as the ministry sources first said the crackdown was on illegal platforms with Chinese links, several Indian apps were blocked for downloading

Banned websites, apps given 48 hrs to prove genuineness: Official

The IT ministry has given 48 hours to banned websites and apps to prove their genuineness, a senior government official said on Thursday. Another senior official from the ministry said the ban has been imposed on the platforms because their businesses were not genuine. "Why would there be any ban if they were genuine? Action has been taken on them," the ministry official said. The government last week ordered blocking of 232 apps operated by overseas entities, including Chinese, for being involved in betting, gambling and unauthorised loan services. "They have been given 48 hours under the rule to submit documents. The decision will be taken based on their presentation. It is going on now," another senior official said. The Ministry of Electronics and Information Technology (MeitY) issued blocking orders on Saturday, based on an emergency request issued by a nodal officer of the home ministry, against 138 betting and gambling websites and 94 loan apps that were engaging in illegal

MeitY only wants apps not run by regulated firms removed: RBI Dy Governor

Says central bank merely provided ministry a list of apps operated by regulated entities, had not suggested any ban

Country needs a strict federal law for online gaming: IT Minister Vaishnaw

"We should have a central law and the regulation has to be very strict because society is impacted by addiction to online games, especially by online gambling," he said

Govt says 128,000 cos struck off from records for non-compliance

In a written reply to the Lok Sabha, he also said the term 'shell company' is not defined under the Companies Act, 2013

Tackling misinformation is core to our policies: Instagram policy head

In India 11 independent fact checkers work with Meta on content in 15 languages in India

Govt blocks 138 betting, 94 loan lending apps with Chinese links

The crackdown on these platforms began after the government received an alert from a nodal officer of the Ministry of Home Affairs

Budget 2023: Online gaming definition broad and vague, says IAMAI

IAMAI members have submitted their feedback to the ministry stating that the scoping of the rules has been done poorly and certain aspects need a major re-look

Tech firms welcome Budget, want focus on digitisation to continue

FM proposes three centres of excellence to build AI solutions and 100 labs to develop applications using 5G services

Govt likely to launch social media grievance portal within a week

The idea is to create avenues for redressing user grievances against online platforms apart from courts