Close
The 2025 budget, presented by Finance Minister Nirmala Sitharaman, emphasizes economic growth, increased private investments, and enhanced middle-class spending power, aiming for a developed India (Viksit Bharat). Key initiatives focus on agriculture, with the introduction of PM Dand Yojana to assist 17 million farmers, alongside efforts to boost credit for MSMEs. Significant investments in AI and digital technology were outlined, including plans for a center for excellence in AI and skill development programs. Urban redevelopment, new domestic airports, and a strong commitment to the maritime sector further reflect the budget's comprehensive approach to economic revitalization.
Plans unveiled for a center for excellence in artificial intelligence.
Support for gig workers emphasized, highlighting their economic contribution.
The establishment of a Center for Excellence in AI indicates a strategic push to position India as a leader in AI technology. This can facilitate collaboration between academia and industry, driving innovation in areas like machine learning and AI applications. Additionally, the focus on skill development for gig workers exemplifies an understanding of evolving workforce needs; equipping these individuals with necessary capabilities is crucial for maintaining a competitive edge in the global tech landscape.
This budget signals a pivotal shift towards integrating AI in various sectors, reflecting the government's recognition of AI's potential to stimulate economic growth. Investments in maritime and urban projects indicate a holistic approach to modernization, creating jobs that leverage AI technologies. As India gears toward global competitiveness in AI, strategic investments in infrastructure and human capital could dramatically transform its economic landscape over the next decade.
This center aims to drive advancements in artificial intelligence within India, bolstering both academic and practical applications.
These initiatives focus on integrating AI training, preparing the workforce for emerging digital roles.
The Economic Times 12month
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Video
AI Expert Commentary about this Video
Key AI Terms Mentioned in this Video
