AI Collaboration at Global IndiaAI Summit

Study Notes

Held on July 3rd-4th, 2023, at Bharat Mandapam, New Delhi, organized by the Ministry of Electronics and Information Technology (MeitY).
Focused on collaboration and knowledge exchange among global AI stakeholders.
India hosted the 6th Global Partnership on Artificial Intelligence (GPAI) Ministerial Council meeting in a hybrid mode.
Featured 12 sessions with 2,000 attending AI experts and 10,000 virtual participants.
Key areas of focus included Compute Capacity, Foundational Models, Datasets, Application Development, Future Skills, Startup Financing, and Safe AI.

Announced by the Union Cabinet in March 2024 with a budget of Rs 10,371.92 crore (USD 1.25 billion).
Aims to establish a comprehensive ecosystem for AI innovation through public-private partnerships.
Targeting the setup of over 10,000 Graphics Processing Units (GPUs) for scalable AI computing.

Belarus became the 10th permanent member of the SCO, joining countries like China, Russia, India, and others.
India hosted the 23rd SCO-CHS summit virtually on July 4, 2023, where Iran joined as the 9th member.
Kazakhstan assumed chairmanship in July 2023 and will host the 24th SCO-CHS Summit on July 3rd-4th, 2024.

Launched by ISRO Chairman Dr. Sreedhara Panicker Somanath as part of National Space Day celebrations.
Features 12 problem statements focusing on geospatial domains and space science.

India’s domestic defence production reached Rs 1.27 lakh crore in FY24, a 16.7% increase from FY23.
Contributions: Public Sector Undertakings (PSUs) accounted for 79.2%, while the private sector contributed 20.8%.

An initiative by the Ministry of Culture ahead of the 46th World Heritage Committee session.
Aims to promote public art inspired by traditional heritage while integrating modern themes and sparking dialogue.

India ranks 6th globally with 42 recognized sites, including 34 cultural, 7 natural, and 1 mixed site.

Life Insurance Corporation of India launched 'Jeevan Samarth', an agency transformation project for agent workforce.
ICICI Lombard launched 'Elevate', an AI-powered health insurance product providing customized healthcare solutions.

Signed a USD 2.50 million agreement for a solar power plant installation at Cheddi Jagan International Airport in Guyana.

India's first tourism index fund monitoring the Nifty India Tourism Index with a maximum of 30 companies and 20% stock capping.

Mandates a uniform charge structure for stock exchange members effective October 1.
Aims to eliminate discrepancies in charges, which may increase brokerage fees impacting revenue.

Meeting led by Minister Piyush Goyal focused on targeting exports of $100 billion in electronics and textiles.
Significant growth expected in pharmaceuticals, chemicals, and agriculture exports.

Roshni Nadar Malhotra received France’s Chevalier de la Légion d’Honneur for contributions to business and bilateral relations.
Maharashtra awarded Best Agriculture State 2024 for innovative practices contributing to food security and environmental protection.

Elisa de Anda Madrazo of Mexico began a two-year term as president of the Financial Action Task Force (FATF).
Prime Minister Narendra Modi awarded Russia's Order of St. Andrew by President Vladimir Putin.

Dr. Soumya Swaminathan appointed Principal Adviser for the National Tuberculosis Elimination Programme at the Union Ministry of Health.

Current treaty signed in 1996 requires renewal in 2026, focusing on equitable water sharing between India and Bangladesh.
Plans for negotiation on new challenges like climate change and water flow issues.