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The information technology (I.T.) industry in India comprises information technology services and business process outsourcing. [1] The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. [2] [3] The IT and BPM industries' revenue is estimated at US$ 245 billion in FY 2023.
The Information Technology Act, 2000 (also known as ITA-2000, or the IT Act) is an Act of the Indian Parliament (No 21 of 2000) notified on 17 October 2000. It is the primary law in India dealing with cybercrime and electronic commerce .
The Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 is secondary or subordinate legislation that suppresses India's Intermediary Guidelines Rules 2011. [ a ] [ 1 ] [ 2 ] The 2021 rules have stemmed from section 87 of the Information Technology Act, 2000 and are a combination of the draft Intermediaries ...
India has launched an AI Data Bank aimed at fostering innovation and enhancing national security. This initiative is designed to harness the power of artificial intelligence by providing a centralized repository of data that can be utilized across various sectors, including governance, business, healthcare, education, and space exploration.
The India Business Promotion Scheme (IBPS), was designed to stimulate the growth of the Business Process Outsourcing (BPO) and Information Technology Enabled Services (ITES) sector nationally, with a budget of Rs. 493 Crore. [30] [31] [32]
The National Institutes of Technology (NITs) are centrally funded technical institutes under the ownership of the Ministry of Education, Government of India.They are governed by the National Institutes of Technology, Science Education, and Research Act, 2007, which declared them institutions of national importance and laid down their powers, duties, and framework for governance.
Indian Institutes of Information Technology (Amendment) Act, 2017 granted the INI status to the Kurnool institute. [ 8 ] Besides the above fully government funded IIITs, in 2010 the Union Cabinet approved a scheme for setting up twenty more IIITs, based on the public-private partnership (PPP) model, funded by the central government, state ...
The Ministry of Information Technology is a former cabinet-level ministry of the Government of India which was responsible for promoting internet, IT policy and strategy along with e-commerce and knowledge-based industries.