REGULATORY SANDBOX (Syllabus: GS Paper 3 – Economy)

THEIASHUB
Get an Instant Call Back from Our Expert Mentors Now!
+91

Context: Recently, governments and regulatory bodies have embraced innovative approaches like "AI regulatory sandboxes" to navigate the dual landscape of unprecedented opportunities and complex challenges posed by the advancement of Artificial Intelligence (AI) technologies worldwide.


Regulatory Sandbox

  • About: It refers to live testing of new products or services in a controlled regulatory environment, providing a "safe space" for businesses.
  • Participants and Processes: The sandbox involves regulators, innovators, financial service providers, and customers conducting field tests to assess the benefits and risks of new financial innovations.
  • Duration of the Sandbox Testing: The sandbox testing stage lasts for a maximum of twelve months and can be extended upon the applicant's request, subject to approval by the steering committee.
  • Stages of Sandbox Testing
  • Stage – I:  Restricted access to the test environment will be granted, and there will be limitations on resource usage including processing power, memory, and storage.
  • Stage – II: The restrictions on resource usage will be lifted, contingent upon the availability of resources at that specific moment.


Benefits

  • Regulatory sandboxes offer a controlled setting for testing AI technologies.
  • They facilitate collaboration between innovators and regulators, enhancing understanding and cooperation.
  • Sandboxes mandate participants to disclose information about AI models, ensuring transparency and accountability.
  • Mandating risk assessments and safeguards, sandboxes encourage responsible innovation in AI development.

India’s approach to AI

  • NITI Ayog's National Strategy: In India, NITI Ayog released a discussion paper outlining a national strategy for AI, which led to the establishment of the national AI Portal.
  • MeitY's AI Innovation Report: The Ministry of Electronics and Information Technology (MeitY) released a report on AI Innovation 2023, highlighting India’s AI vision through seven working groups.
  • Proposal of the Digital India Act: The latest proposal of the Digital India Act, 2023, also talks about regulating AI by creating a separate set of laws and regulations.
  • Multifaceted Approach to Regulation: India’s interest in regulating AI is grounded in a multifaceted approach encompassing economic ambitions, ethical considerations, job creation, industrial transformation, and overall societal welfare.






UPSC QEP 2026 Batch 5 - English
UPSC QEP 2026 Batch 5 - English
Buy now View Details
Submit Your Details to Learn More
I agree to give my consent to receive updates through SMS/Email & WhatsApp*.

NEEV GS + CSAT Foundation 2026/27
NEEV GS + CSAT Foundation 2026/27
Buy now View Details



Join theIAShub’s Mains Answer Writing Program

Refine your answer writing skills and elevate your UPSC preparation with personalized support and expert feedback.

Fill out the form to get started with the program or any other enquiries !

I agree to give my consent to receive updates through SMS/Email & WhatsApp*.

Best IAS Coaching In Delhi, UPSC Online & Offline Classes by IAShub

Are you dreaming of becoming an IAS officer? Then, IAShub can be your best guide. It is one of the Best IAS Coaching in Delhi. Many students who want to clear the UPSC exam join IAShub for learning. The institute gives both online and offline classes. Their teachers are experienced and helpful. They easily explain every topic. Students also get notes, tests, and tips to do well in the exam.

UPSC Online Classes by IAShub

IAShub is in Delhi and is trusted by many UPSC students. It offers coaching for every part of the UPSC exam – Prelims, Mains, and Interview. The classes are simple and easy to understand. The teachers are experts and guide students in the right way. IAShub is also known for its helpful notes, test series, and answer-writing practice. IAShub is the best coaching in Delhi and also gives UPSC Online Classes. This helps students from any place in India to learn. The online classes are live and also recorded. So, students can watch them anytime. These classes cover the full UPSC syllabus.

Key Offerings Provided by IAShub

Here are some important services provided by IAShub:

  • UPSC Prelims: IAShub teaches for Prelims with a focus on basics. It also gives daily current affairs and monthly magazines.
  • Classroom Courses: IAShub has classroom learning for students in Delhi. The environment is good and peaceful for study.
  • Live Classes: Students who live far can join live UPSC online classes. These classes are just like real classes.
  • QEP for Mains: The Quality Enrichment Program (QEP) is special for Mains preparation. It helps students write better and faster.
  • Answer Writing: Regular answer writing practice is given. Teachers also check answers and give tips to improve.
  • Free Resource: IAShub gives free notes by toppers and helpful Main Booster material.
  • Test Series: Test series are available for every subject. These help students know their weak points and improve.
  • Interview Guidance Session: IAShub also gives interview practice sessions with experts. These help students feel confident.

UPSC Exam Overview

The UPSC Civil Services Exam has three parts:

  • Prelims: It has two papers: General Studies and CSAT.
  • Mains: It has nine papers, including essays and optional subjects.
  • Interview: It tests the personality and confidence of the student.

This exam is tough, but with the right guidance, it becomes easy to manage. Students must study smart and stay regular.

How IAShub Helps in the UPSC Journey

IAShub supports students from the beginning to the end. It gives the right books, tests, and notes. The classes are easy to follow, and the teachers are always ready to help. Students get personal doubt sessions too. The test series and answer checking help students learn where they need to do better. Also, free study materials save time and money.
IAShub also guides students during the final stage – the interview. Experts take mock interviews and give useful tips. This full support makes IAShub one of the best IAS coaching in Delhi.

Best IAS Coaching In Delhi FAQs

Yes, IAShub offers live and recorded online classes. Students can attend from any part of India.

Classes are available in both English and Hindi, so students can choose the language they are comfortable with.

The classroom centre is located in Delhi. Students can visit and join offline batches there.

IAShub gives interview guidance sessions to help students prepare for the final round of UPSC.