IndiaAI Mission
On UPSC.wiki
Current affairsRBI-SEBI Real World Asset (RWA) Tokenisation Pilot: India's First Tokenised Corporate Bond and the Blockchain Finance FrontierRBI Governor Sanjay Malhotra and SEBI Chairperson Tuhin Kanta Pandey jointly launched India's first tokenised corporate bond pilot at Global Fintech Fest 2026. REC Limited raised ₹500 crore via blockchain, settled in RBI's wholesale CBDC (e₹-W). By September 10, three issuers raised ₹1,025 crore under SEBI's Demat 2.0 framework — marking India's entry into blockchain-based capital markets. Current affairsPM Modi's Third High-Level Secretaries Meeting 2026: Data as National Asset, Port-Led Development, and AI-First GovernancePrime Minister Narendra Modi chaired the third high-level meeting with Secretaries to the Government of India on August 20, 2026, at 7 Lok Kalyan Marg, New Delhi. The session covered Infrastructure and Connectivity, Security and External Affairs, and Governance, with key directives on breaking inter-departmental silos, leveraging AI and data as national assets, port-led development, and building informal team networks across government cadres. Current affairsSraVaani 1.0 — IISc Releases India's Broadest-Coverage Multilingual Speech Recognition Model: 65 Indian Languages and DialectsThe SPIRE Lab at the Indian Institute of Science (IISc), Bengaluru, in collaboration with ARTPARK, released SraVaani-1.0 on August 13, 2026 — the broadest-coverage Automatic Speech Recognition (ASR) model for Indian languages reported to date, covering 65 languages and dialects (20 scheduled + 45 regional). The model achieves 9.5% word error rate on Garo vs 69.4% for the next-best system. It is open-source (MIT licence) on Hugging Face. Note: it is NOT India's first multilingual ASR model — AI4Bharat's IndicConformer (22 scheduled languages) predates it.