On the anvil: Broader AI risk framework for cos launching new services | Artificial Intelligence News

The government is developing a regulatory AI risk framework to outline the dos and don’ts for AI tools and services, and to create a regulatory sandbox for their development and operation.
This framework will establish the parameters for frontier AI development companies interacting with Indian users, given that use cases in India often differ from those in other parts of the world.
The AI risk framework is also meant to provide the Centre with legal authority to establish accountability for violations of prescribed norms, including emergency powers to halt specific AI tools or services.
The framework is being developed by an inter-ministerial body known as the Artificial Intelligence Governance and Economic Group (AIGEG), formed to coordinate AI policy, foster innovation, and balance safety and ethics.
AIGEG is expected to focus funding on priority sectors like healthcare, agriculture, and education, aiming for measurable outcomes within 12 to 18 months.
There is growing concern among experts about the rapid advancement of large language models and tools like Claude Mythos, necessitating a unified response mechanism for cybersecurity, in addition to the ongoing work of government departments.
India does not currently have a unified law on AI; existing regulations include the Information Technology Act, 2000, and the Information Technology Rules, 2022.