MeitY considers sector-specific AI governance rules

NewsBytes reports that MeitY is drafting a consultation paper on AI governance and that minister Ashwini Vaishnaw announced the forthcoming paper.[1] The report is dated November 4, 2026.[1] Moneycontrol separately reported, citing sources, that the government’s AI regulation consultation paper was nearly ready.[2] The next practical step for organisations is to watch for the paper and the opportunity to respond.

The proposed guidance would be tailored to individual sectors rather than use a one-size-fits-all policy, NewsBytes reports.[1] Banking and securities and commodities markets are among the areas cited for tailored AI guidelines.[1] MeitY’s approach calls for sector regulators to develop their own specific AI rules, with SEBI and the Reserve Bank of India named in the report.[1] Officials say AI risks can vary depending on where the technology is used.[1] Hindustan Times also described the contemplated approach as sector-specific and reported that officials saw risks varying across domains, especially in critical infrastructure.[3]

NewsBytes says the ministry is moving away from the view that existing laws are enough to address AI, and reports that the government’s focus is on developing a legal framework.[1] It also says the government intends to seek stakeholder feedback from the outset.[1] Moneycontrol reported that the government had examined how other countries regulate AI and consulted stakeholders, including academics.[2] Those details will matter to organisations assessing how future requirements could apply to their AI systems.