Indian government in the Union Budget 2023 proposed three centres of excellence for Artificial Intelligence (AI) to be set-up in top educational institutions for the vision of “Make AI in India and Make AI work for India”.
The Finance Minister announced that leading industry players will partner in conducting interdisciplinary research, develop cutting-edge applications and scalable problem solutions in various fields such as agriculture, health, and sustainable cities.
In the Union Budget 2023 the Minister highlighted that the government’s aim is to have a technology-driven and knowledge-based economy with strong public finances and a robust financial sector, and that the seven priorities of inclusive development, reaching last mile, infrastructure investment, unleashing potential, green growth, youth power, and financial sector will guide the country in this endeavour.
“For realising the vision of make AI in India and make AI work for India, three centres for excellence will be set up in top educational institutions. Leading industry players will partner in conducting interdisciplinary research and develop cutting-edge applications and scalable problem solutions in areas of agriculture, health, and sustainable cities. This will galvanize an effective ecosystem and nurture quality human resources in the field,” said Mrs Sitharaman while presenting the Union Budget 2023.
The Centre has been advocating the use of AI across sectors through government missions especially through the Digital India Bhashini portal, the government is making resources in AI and natural language processing (NLP) available to startups and academia working on making their products available in Indian languages.
India also set up an AI portal in May 2020 in collaboration with industry body NASSCOM and in October organised a startup event called RAISE (Responsible AI for Social Empowerment) to help AI startups showcase their products and raise funds.
The Centre also plans to roll out a new National Data Governance Policy that will bring together innovation and research by start-ups and academia. The National Data Governance policy will simplify the KYC process while anonymising individual data. “This will enable access to anonymized data”, Mrs Sitharaman said.
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