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Tuesday, December 2, 2025 1:35 PM

Governance Community

PM Modi Advocates for Global AI Governance at Paris Summit

Paris, February 12: Prime Minister Narendra Modi called for collective global efforts to establish a governance framework for artificial intelligence (AI) during the Paris AI Action Summit, which he co-chaired with French President Emmanuel Macron. Modi emphasized that AI should be developed for good and for all, highlighting India’s expertise and commitment to responsible AI innovation. India, he said, is building its own large language model to reflect its linguistic and cultural diversity. He also underscored India’s public-private partnership model that makes AI resources accessible to startups and researchers at affordable costs. Addressing concerns about AI surpassing human intelligence, Modi stressed that governance must balance risk management with fostering innovation, particularly in the Global South, where access to AI infrastructure, talent, and data remains limited. He reiterated India’s role in shaping global AI governance, citing its G20 presidency consensus on responsible AI use. The Prime Minister highlighted AI’s transformative potential in healthcare, education, and agriculture while calling for open-source systems, bias-free datasets, cybersecurity measures, and solutions against deep fakes. He also pointed to India’s low-cost digital public infrastructure serving 1.4 billion people as a model for inclusive AI adoption. Modi reaffirmed India’s readiness to share its expertise and experience to ensure AI benefits humanity while maintaining transparency, trust, and security.

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BJP Secures Victory in 2025 Delhi Assembly Elections, AAP Falls to Second Place

The Bharatiya Janata Party (BJP) has emerged victorious in the 2025 Delhi Assembly elections, securing 48 out of 70 seats, while the Aam Aadmi Party (AAP) managed to win 22 constituencies. The Indian National Congress (INC), once a dominant force, failed to win a single seat, signaling a significant shift in the capital’s political landscape. Voting took place in a single phase on February 5, with a high voter turnout reflecting intense political engagement. The elections saw a fierce battle between BJP, AAP, and Congress, with BJP staging a strong comeback after years in opposition. AAP suffered a major setback, particularly with Chief Minister Arvind Kejriwal losing his seat in the New Delhi constituency to BJP’s Parvesh Verma. The BJP’s victory is expected to bring substantial changes in governance, with potential policy shifts in infrastructure, education, and public welfare. Meanwhile, AAP is set to play a crucial role as the opposition, holding the new government accountable. With the Congress completely absent from the assembly, the party faces an urgent need for introspection and strategy realignment. The newly elected government now faces the challenge of delivering on its promises while maintaining public trust. Source: Business Standard

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Gaza’s Governance Uncertain as Four Competing Models Take Shape

As a fragile cease-fire holds in Gaza, four competing models for the territory’s governance are emerging, with no clear direction yet established: Hamas Control – Despite suffering significant losses, Hamas still holds power over much of Gaza and seeks to maintain its authority. Israeli Military Presence – Right-wing Israeli leaders advocate for continued military control, possibly expanding their occupation if necessary. International Oversight – Foreign security contractors, invited by Israel, are already managing a key checkpoint in northern Gaza. Some officials suggest this could evolve into broader international stewardship, potentially involving Arab states. Palestinian Authority Administration – The Palestinian Authority (PA), which lost Gaza to Hamas in 2007, has begun staffing the Egypt-Gaza border alongside European security officials, hoping to extend its role across the entire territory. The future of Gaza’s governance will likely hinge on U.S. policy, with Donald Trump set to discuss the issue with Israeli Prime Minister Benjamin Netanyahu in Washington. Saudi Arabia could also play a decisive role if it agrees to normalize relations with Israel in exchange for a specific governance structure in Gaza. Source: Business Standard

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Onsurity Partners with Snowflake to Revolutionize Data Infrastructure

Bangalore-based Onsurity, a leading employee healthcare platform, has partnered with AI-driven data cloud platform Snowflake to enhance its data infrastructure. The collaboration aims to improve scalability, real-time data availability, and AI-driven innovation across Onsurity’s business verticals. By leveraging Snowflake’s advanced features, Onsurity can now process large data volumes efficiently, optimize costs, and refine its healthcare insurance services for SMEs and startups. The company, which serves over 8,000 businesses, plans to integrate AI and machine learning within Snowflake’s environment to personalize healthcare offerings and predict user trends. “Our teams now have faster access to insights, allowing us to tailor services based on real-time user behavior,” said Sarvendu Singh, CTO of Onsurity. He emphasized that Snowflake’s rapid deployment, security, and compliance features make it the ideal choice for scaling operations while maintaining cost efficiency. Onsurity utilizes Snowflake’s Change Data Capture (CDC) to extract incremental data changes, ensuring real-time insights without duplication. The partnership also addresses key challenges like data governance and role-based access control, enhancing security and operational efficiency. As India’s insurance sector continues to grow, Onsurity’s AI-driven transformation positions it at the forefront of the industry, setting a new benchmark for data-driven healthcare solutions. Source: Economic Times

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Budget 2025: No Income Tax Up to ₹12 Lakh, Major Relief for Middle Class

In a landmark announcement, Finance Minister Nirmala Sitharaman declared in her Budget 2025 speech that individuals earning up to ₹12 lakh annually will pay no income tax under the new tax regime. The move has been welcomed as a major relief for India’s middle class. The Budget also introduced key financial reforms, including raising the Foreign Direct Investment (FDI) limit in the insurance sector and modifying cess and surcharge structures. Additionally, the government plans to simplify the Tax Deduction at Source (TDS) regime to ease compliance burdens. Sitharaman announced that a new, streamlined Income Tax Bill will be introduced next week, designed to be more concise and user-friendly. Other tax reforms include raising the Tax Collected at Source (TCS) limit on remittances under the RBI’s Liberalised Remittance Scheme from ₹7 lakh to ₹10 lakh. Further, in a push towards domestic manufacturing, the Budget provides tax exemptions on 35 goods used in EV battery production and 28 goods for mobile phone battery manufacturing. New Income Tax Slabs (New Regime) ₹4 – 8 lakh: 5% ₹8 – 12 lakh: 10% ₹12 – 16 lakh: 15% ₹16 – 20 lakh: 20% ₹20 – 24 lakh: 25% Above ₹24 lakh: 30% The Budget 2025-26 focuses on tax reforms, investment liberalization, and industry-friendly policies, signaling the government’s intent to support economic growth and ease financial burdens on taxpayers. Source: Financial Express

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ICJ’s Advisory Opinion: A Turning Point for Global Climate Governance?

The International Court of Justice (ICJ) is set to issue an advisory opinion on states’ legal obligations concerning climate change, a decision expected to shape global climate governance despite its non-binding nature. Between December 2-13, 2024, the ICJ held public hearings to clarify existing international laws and obligations regarding climate action. While nations are not legally bound to comply, the ruling is likely to influence climate lawsuits and strengthen accountability measures against governments and corporations. Climate change, historically addressed through treaties like the UNFCCC, the Kyoto Protocol, and the Paris Agreement, has evolved into a multidimensional issue spanning economics, human rights, and global trade. The ICJ’s intervention could broaden climate governance by linking environmental policies with international trade, energy, and migration laws. However, critics argue that expanding the legal framework might create conflicts between climate laws and other international regulations, potentially slowing down global action. Nonetheless, the ICJ’s opinion could serve as a reference for future climate litigation, compelling nations to strengthen their commitments. With climate lawsuits on the rise worldwide, the court’s findings may set new precedents, redefining the role of international law in climate action. Source: Indian Express Photo Credit: Indian Express

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RBI Supersedes Aviom India Housing Finance Board Over Governance Concerns

The Reserve Bank of India (RBI) announced on Monday that it has superseded the board of Aviom India Housing Finance due to governance issues and defaults in fulfilling payment obligations. The central bank will initiate the resolution process for the housing finance company under the Insolvency and Bankruptcy rules. Ram Kumar, former Chief General Manager of Punjab National Bank, has been appointed as the administrator to oversee the resolution proceedings. Aviom India Housing Finance primarily caters to low-income households in semi-urban areas, offering loans to women borrowers who lack formal income documentation. The company’s focus on financially underserved segments has faced challenges in recent months, including liquidity constraints and delayed payments. In November 2024, CRISIL downgraded the company’s long-term rating on its bank facilities and non-convertible debentures, citing liquidity issues and expected delays in interest payments. The downgrade highlighted growing concerns about the company’s ability to meet its financial obligations. The RBI’s decision to supersede the board underscores its commitment to maintaining financial stability and addressing governance lapses in the financial sector. Source: Economic Times

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ITI Limited Wins ₹167 Crore E-Governance Contract in Maharashtra

State-owned telecom equipment manufacturer ITI Limited has secured a ₹167 crore e-governance contract from Maharashtra’s Rural Development Department. The project involves setting up and operating Aaple Sarkar Seva Kendra (ASSK) centers in Gram Panchayats across Chatrapathi Sambhaji Nagar, Nagpur, and Amaravati regions. The contract includes system maintenance for one year and deployment of technical manpower at the ASSK centers. The initiative aims to enhance digital citizen services in rural areas, fostering transparency, efficiency, and accessibility in e-governance. Rajesh Rai, Chairman and Managing Director of ITI Limited, emphasized the project’s significance in strengthening the Panchayati Raj System. “This initiative will empower rural citizens with better access to digital governance and help bridge the urban-rural divide in Maharashtra,” Rai stated. ITI Limited, India’s first public sector undertaking (PSU) post-independence, has diversified beyond its telecom equipment manufacturing legacy. The company now operates in sectors such as defense, railways, solar equipment, and IT services, while managing a state-of-the-art data center in Bengaluru that caters to government institutions and banks. The ASSK project represents a significant milestone in Maharashtra’s grassroots digital governance initiatives, further cementing ITI Limited’s position as a key player in the e-governance sector. On the financial front, ITI Limited’s shares were trading at ₹352, marking a 3.94% decline, down by ₹14.45, on the NSE at 1:33 PM today. This contract underlines Maharashtra’s commitment to modernizing governance and ITI Limited’s capabilities in driving technological advancements in rural India.

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Bad Economics Corrupting Good Politics: A Call for Balanced Reforms in India

Economic reform in India remains a contentious issue, with all major political parties, from Left to Right, aligning on the need for substantial economic changes. However, critics argue that the impressive GDP growth since the 1991 reforms has failed to uplift incomes at the bottom, leading to growing public unrest among farmers, workers, and unemployed youth across diverse demographics. While the capitalist Right advocates completing the liberalisation agenda, granting more freedom to capital markets, the socialist Left calls for better governance of these sectors to ensure fair wages and prices. Both sides, however, rely on politically necessary but unsustainable measures like direct money transfers and subsidies to address market failures. Experts suggest that before accelerating reforms, India must objectively evaluate the outcomes of its 1991 economic liberalisation. Comparing India’s performance to China and Vietnam reveals stark disparities. Both nations, starting from similar economic conditions in the 1980s, have achieved significantly higher income growth among their poorest citizens. This success is attributed to their retention of socialist principles, blending state planning with market reforms, and prioritising public welfare. In contrast, India’s adherence to free-market ideologies, influenced by Western economic theories, has left its lower half economically stagnant. Critics warn that prioritising GDP growth and corporate interests over fundamental metrics like healthcare, education, and income equality has corrupted governance and political integrity. The debate highlights the need for Indian economic reformers to draw lessons from socialist economies like China and Vietnam, rather than solely from capitalist models. Sustainable reform, they argue, lies in policies that enhance citizen welfare over mere economic indicators, ensuring long-term stability and equitable growth. As India prepares for its next wave of reforms, this introspection could redefine its path toward inclusive prosperity.

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Residents of Undri Struggle with Poor Civic Amenities Amid Rapid Urbanization

Traversing Undri’s roads feels like a roller-coaster ride for its commuters — bumpy, back-breaking, and nauseating. Despite being merged into Pune Municipal Corporation (PMC) limits in 2017, this rapidly urbanizing locality continues to grapple with basic civic deficiencies. Residents’ Concerns Sunil Koloti, director of Mohammadwadi Undri Residents’ Welfare Development Foundation (MURWDF), criticized PMC’s inefficiency, stating: “Despite paying exorbitant property taxes, we lack essentials like proper roads, water, sewage systems, and reliable power. This neglect has turned Undri into a symbol of civic mismanagement.” Another resident, Col Pradeep Masand (retd), highlighted the dire need for civic reforms: “I have lived here for 12 years, still waiting for basic amenities like water and usable roads. New constructions must be permitted only if existing residents’ needs are fulfilled.” Key Issues Road Network: Residents call roads like Kadnagar Chowk and Undri Marg accident-prone due to incomplete widening projects and ill-placed electric poles. Water Crisis: The lack of pipelines has forced residents to rely on water tankers for decades, creating traffic chaos and accidents. Sewage Failures: Societies depend on septic tanks, adding recurring costs and inefficiency. Encroachments: Illegal structures and hawkers choke roads, exacerbating traffic and safety concerns. Power Outages: Frequent blackouts reflect outdated infrastructure and a pressing need for upgrades. Official Statements Manoj Patil, Additional Commissioner (East), acknowledged Undri’s inadequate road network and heavy vehicle traffic, promising collaboration with PMC for solutions. Aniruddha Pawaskar, Chief Engineer, PMC Road Department, assured residents that a development plan is underway, pledging to make roads motorable soon. Looking Ahead With over 3 lakh residents, including working professionals and retired defense personnel, Undri’s unplanned growth calls for urgent action. Immediate priorities include water pipeline installation, sewage systems, road expansion, encroachment removal, and improved safety measures. Residents remain hopeful yet skeptical, with a clear message to authorities: progress must match promises, and urgent action is the need of the hour.

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