In Python, the "is" and "==" operators are used for different comparison purposes. The "is" operator checks if two variables or objects refer to the same memory location, indicating that they are the same object in terms of identity. It evaluates to "True" if the operands are the same object and "False" otherwise. It compares the memory address rather than the values or content of the objects.
Example  - a = [1, 2, 3], b = [1, 2, 3]
print(a == b)  # Output: True, as a and b have the same value
On the other hand, the "==" operator is used to check if two variables or objects have the same value or content. It compares the values of the objects rather than their identities. It evaluates to "True" if the operands have the same value and "False" otherwise.
Example:
a = [1, 2, 3]
b = [1, 2, 3]
print(a == b)  # Output: True, as 'a' and 'b' have identical values