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Vaishnaw says AI law consultation paper comes in weeks
The Hindu BusinessLine·
IT Minister Ashwini Vaishnaw said a consultation paper on artificial intelligence law will arrive in coming weeks. Speaking on October 23 at the NDTV World Summit, he said AI risks crossed a threshold requiring harm-focused rules with humans in control. He also targeted Indian-designed phones by 23 October 2028 and a domestic chip by 2028.
Prism
What It Means For You
- AI startups may comment once the consultation paper opens on harms Vaishnaw wants regulated.
- Electronics buyers may track the 23 October 2028 target for Indian-designed phone brands.
- Chip investors may watch Semicon Mission plants Vaishnaw said will become operational soon.
What's Happening
- Vaishnaw told the NDTV World Summit a consultation paper is weeks away.
- He said risks now justify legislation beyond earlier governance guidelines.
- The minister contrasted innovation-first policy with early European-style regulation.
From guidelines to statute
- He reiterated a 2028 goal for Indian-designed and manufactured phones.
- Vaishnaw also cited 12 approved Semicon Mission 1.0 plants nearing operation.
- Earlier ministry statements had opposed a standalone AI statute before this shift.
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