rajeev chandrasekhar

Indian IT MoS Rajeev Chandrasekhar Reacts to Binance and Changpeng Zhao Debacle

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[ad_1] Rajeev Chandrasekhar has reacted strongly to Binance founder and former CEO Changpeng Zhao’s admission to having violated US’ anti-money laundering laws. Chandrasekhar, who is the Union Minister of State for electronics and technology, has warned crypto firms against misusing technology to flout laws and accomplish illegal activities. The warning comes in the backdrop of … Read more

Digital Personal Data Protection Act Will Ensure Firms Handle Data of Indians Legally: IT Minister

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[ad_1] Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Thursday said the Digital Personal Data Protection Act (DPDP Act) passed by Parliament recently will make digital companies handle the data of Indian citizens under absolute legal obligation. Calling the law an important milestone in the cyber law framework, Chandrasekhar said there … Read more

Digital Economy to Contribute Over 20 Percent of India’s GDP by 2026: IT Minister

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[ad_1] Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Thursday forecast that the digital economy will contribute more than 20 percent of the country’s GDP in 2026. Addressing the ‘G20 Digital Innovation Alliance Summit’ here, he said India is a preeminent nation that adopted technology very fast and has started offering … Read more

Web3, Crypto are Future of Internet, but Lack of Regulations Can Stir Chaos: IT Minister Rajeev Chandrasekhar

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[ad_1] Authorities in India seem to be warming up to the crypto sector, as we get closer to December when India’s G20 Presidency will conclude, hopefully with a detailed set of regulations to govern the sector. Rajeev Chandrasekhar, the Union Minister of State for Electronics and Information Technology, has acknowledged that crypto and Web3 are … Read more

Consumers’ Right to Data Protection, Privacy and Safe Internet Can Never Be Compromised, MoS IT Says

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[ad_1] The government will ensure that consumers always have their platforms accountable to them in the digital space, and the rights of Indian consumers to have safe Internet will not be allowed to be compromised or diluted, Union Minister Rajeev Chandrasekhar said on Friday. The Minister of State for Electronics and IT — who is … Read more

Digital India Act to Look at AI Regulation Through ‘Prism of User Harm’, Says MoS IT Rajeev Chandrasekhar

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[ad_1] The upcoming Digital India framework will have a chapter devoted to emerging technologies, particularly Artificial Intelligence, and how to regulate them through the ‘prism of user harm’, Union Minister Rajeev Chandrasekhar said asserting that India will do “what is right” to protect its digital nagriks and keep internet safe and trusted for its users. … Read more

Cabinet Approves Rs. 17,000 Crore-PLI Scheme to Boost Local Production of Laptops, Tablets

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[ad_1] The Union Cabinet on Wednesday approved a Rs. 17,000 crore incentive to boost local manufacturing of IT hardware like tablets and laptops, and the scheme is projected to generate an incremental production worth Rs. 3.35 lakh crore over a period of six years. IT and Telecom Minister Ashwini Vaishnaw said that companies having high … Read more