Rajeev Chandrasekhar News

Personal Data Protection (DPDP) Bill has been granted assent by President Droupadi Murmu, making it into law. The permission was granted by the President on August 11 and it was notified in the gazette the same day. India, which is one of the largest data markets in the world, will finally get its privacy law with the President’s assent.

NEW DELHI : The government will consult the industry before implementing the Digital Personal Data Protection (DPDP) bill to ensure a smooth rollout roadmap, minister of state for electronics and IT Rajeev Chandrasekhar said. In an interview, Chandrasekhar said the government is open to the industry’s suggestion for an extended time frame but stressed that the new law will curb the exploitation of user data and make it costly for those who violate rules. Edited excerpts: This is an important fundamental law that has been put into place, and there will be a few more things that we will do down the road very quickly that will complete the global standards cyber law framework for this trillion-dollar digital economy, which is our goal.

₹250 crore and minimum ₹50 crore can be imposed on entity violating the norms. "No suit, prosecution or other legal proceedings shall lie against the central government, the board, its chairperson and any member, officer or employee thereof for anything which is done or intended to be done in good faith under the provisions of this Act or the rules made thereunder," the bill said.

NEW DELHI : The government has extended the deadline for implementing import restrictions on laptops, tablets, and servers to 1 November, a late evening government notification said. According to the notification from the Directorate General of Foreign Trade, import consignments can be cleared without a licence until 31 October. “There will be a transition period for this to be put into effect, which will be notified soon," Rajeev Chandrasekhar, minister of state for electronics and information technology, said in a post on social media X on Friday before the notification was issued.

The government expects the Opposition to participate in discussions on all bills in Parliament and it remains open to debate on all issues, including Manipur, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. The government is expected to table the Digital Personal Data Protection(DPDP) bill in Parliament on Thursday.

Rajeev Chandrasekhar said on Wednesday. The government is expected to table the Digital Personal Data Protection(DPDP) bill in Parliament on Thursday. «The bill has evolved after a lot of consultation.

New Delhi: The standing committee on communications and IT has said in its report on citizens data security and privacy, tabled in Parliament on Tuesday, that the digital personal data protection (DPDP) bill should be the main legislation for data handling and privacy and should be enacted into a law at the earliest to safeguard citizens' data and their privacy. “The Committee, in no uncertain words stress the urgent necessity for the early enactment of a robust and all-encompassing legislation that effectively safeguards citizens' data and privacy," it said.

India should not rush with a «comprehensive» law that might become outdated quickly. India's position on regulating AI has swung between extremes — from no regulation to regulation based on a «risk-based, no-harm» approach. In April this year, the Indian government said it would not regulate AI to help create an enabling, pro-innovation environment which could possibly catapult India to global leadership in AI-related tech.

GANDHINAGAR : The Union government is evaluating a proposal to include large multinational companies in India’s $200 million design-linked incentive (DLI) scheme if they were designing chips in the country, said Rajeev Chandrasekhar, minister of state for electronics and information technology (IT). The scheme is currently limited to startups. Under the scheme, seven startups have been given approvals for claiming incentives.

There is something propitious about the timing of Christopher Nolan’s latest movie release. An Oppenheimer moment, highlighting the moral dilemma and consequences of putative good deeds ending up harming humanity, has become especially relevant for a world grappling with the duality of artificial intelligence (AI) or Big Data.

semiconductor design linked incentive scheme (DLI) to include bigger Indian as well as foreign companies, the minister of state for electronics and information technology Rajeev Chandrasekhar said. Speaking to reporters on the sidelines of the Semicon 2023 event in Gandhinagar, Gujarat, Chandrasekhar said that so far seven startups had been selected as participants in the semiconductor DLI scheme. “This initiative is steadily gaining confidence and support.

India emerge as a trusted, resilient partner in the electronics and semiconductor space, Union Minister Rajeev Chandrasekhar said here on Saturday, and asserted the world wants to partner with India for the country to grow its footprints in the semiconductor ecosystem. Talking to PTI on the sidelines of the Semicon India 2023 event organised at Mahatma Mandir here, he said Prime Minister Narendra Modi's vision for the sector is to create more and more opportunities for young Indians studying in colleges.

India is on track to becoming a key player in the global semiconductor supply chain in the next decade with USD 10 billion of incentives and assistance provided to encourage local chip manufacturing, Union minister Rajeev Chandrasekhar said on Thursday. The production-linked incentive scheme last year attracted firms like Vedanta and Taiwan’s Foxconn, who promised multi-billion dollar investment in setting up units to manufacture chips, which are used in products ranging from mobile phones to cars.

Rajeev Chandrasekhar said on Thursday. «The necessary policy framework is already in place to create a vibrant component ecosystem. And if there is any need for the government to intervene and create more PLI type of schemes, we will do so,» he said while addressing the media ahead of the 'Semicon India 2023' event in Gandhinagar.

Rajeev Chandrasekhar, minister of state for electronics and information technology, told FT that despite India's crackdown on Chinese manufacturers and mobile applications, New Delhi is " Open to investment from China". Chandrasekar told The Financial Times that, " We are open to doing business with any company anywhere as long as they are investing and conducting their business lawfully and are in compliance with the Indian laws".

NEW DELHI : India will soon announce a 40 nanometre (nm) semiconductor fabrication unit and multiple compound fab proposals under the modified semiconductor investment scheme, minister of state for electronics and IT Rajeev Chandrasekhar said. “We will certainly have, very soon, an announcement of a 40nm silicon fab. We will also have multiple compound fab proposals," Chandrasekhar said in an interview.

Nazara Technologies, and Delta Corp were trading in green on Tuesday's session following the news that the GST Council would be reviewing its decision to impose a 28% tax on online gaming. Rajeev Chandrasekhar, a minister of state, said on Monday at an event that the ministry of electronics and IT, the nodal ministry in charge of overseeing online gaming, would ask the GST Council to rethink its decision to impose a 28% tax on the industry after the regulatory framework for online gaming rules develops.

New Delhi: The ministry of electronics and IT, the nodal ministry regulating online gaming, will ask the GST Council to reconsider its decision of levying 28% tax on online gaming after the regulatory framework around the online gaming rules develops, minister of state Rajeev Chandrasekhar said Monday at an event.   “We are only in the nascent stages of creating a sustainable, permissible online gaming framework. So we will do that and go back to the GST Council and maybe request their consideration on the new regulatory framework," he said.   The GST Council on July 11 said that the government will impose a goods and service tax of 28% on the turnover of online gaming companies, horse racing and casinos.   Chandrasekhar added that the GST Council, which was a federal body had been working on the issue for the past three years while the regulatory framework for online gaming only began in January 2023.  “The GST Council is not the Government of India. The council is represented by all state governments.

GST Council and ask for reconsideration of the decision to impose a 28% tax on funds that online gaming companies collect from their customers. “We will go back to the GST Council and may be request their consideration on the facts of the new regulatory framework," the minister said during an interaction at the CNN-News18 Town Hall event. The minister further said that the government is at the  initial stage of creating predictable, sustainable online gaming framework.

New Delhi: Foxconn Technology Group has pulled out of its joint venture with Vedanta Ltd that had planned to invest $20 billion in India for setting up a semiconductor fabrication unit, display unit and semiconductor assembly and testing unit.   The 60:40 partnership could have set up the country’s first semiconductor manufacturing unit under the $10 billion government-backed financial incentive scheme, and was once estimated to be ahead of two other consortia in the fray for getting the sops.   The government however downplayed the development saying that the differences between the two companies did not impact India’s plans to become a semiconductor manufacturing destination.   “Both the companies are fully committed to developing India’s semiconductor industry and they’re fully committed to Make in India," minister of electronics and information technology Ashwini Vaishnaw told Mint, noting that the announcements will not have an impact on India’s semiconductor mission.  Rajeev Chandrasekhar, minister of state for electronics and information technology said in a Twitter post following the announcements that it was well known that both companies had no prior experience or technology and were expected to source fab technology from a technology partner.  "While their JV VFSL had originally submitted a proposal for 28nm fab, they could not source appropriate tech partner for that proposal.

Vedanta and Foxconn terminated their joint venture to make semiconductors in India by “mutual agreement” to “explore more diverse development opportunities,” the Taiwanese component maker said Monday. Hon Hai Technology Group (Foxconn) and Anil Agarwal-led Vedanta had announced their joint venture to manufacture chips and display panels in India in February 2022, making it one of the first few participants in the government’s strategically crucial India Semiconductor Mission. Vedanta said Monday it had “lined up other partners to set up India’s first (chip) foundry”.