NITI Aayog’s Principles for Responsible AI, 2021
NITI Aayog, the Government of India’s policy think tank, outlines India’s foundational principles for responsible Artificial Intelligence (AI), building upon the 2018 National Strategy on AI. It highlights AI’s economic and social potential while acknowledging the emerging risks and ethical challenges associated with its rapid deployment, such as bias, privacy breaches, and accountability issues. The document examines system and […]
NITI Aayog’s National Strategy for Artificial Intelligence, 2018
Building upon the National AI Strategy, these principles provide a comprehensive framework for ethical and responsible AI development and deployment in India. The document establishes seven core principles: safety and reliability, equality, inclusivity and non-discrimination, privacy and security, transparency, accountability, and protection and reinforcement of positive human values. Under privacy and security, it mandates that […]
RBI Framework for Self-Regulatory Organizations (SRO) in Fintech, 2024
This framework establishes a structured approach for recognizing and overseeing Self-Regulatory Organizations in the fintech sector. The framework aims to foster responsible innovation while ensuring consumer protection and market integrity through industry-led governance. It sets out eligibility criteria for SRO recognition, including requirements for membership diversity, governance structure, and financial resources. SROs are tasked with […]
NIST AI Risk Management Framework (2024)
The National Institute of Standards and Technology’s AI Risk Management Framework 1.0, released in January 2023 with updates in 2024, provides voluntary guidance for managing AI risks throughout the AI lifecycle. The framework is organized around four core functions: Govern (establishing AI risk management culture and processes), Map (understanding context and identifying risks), Measure (analyzing […]
