PM Modi-led Cabinet approves over Rs 10,000 crore to boost India's AI ecosystem

By IANS | Published: March 7, 2024 08:46 PM2024-03-07T20:46:43+5:302024-03-07T20:50:06+5:30

New Delhi, March 7 In a big push to the vision of 'Making AI in India' and 'Making ...

PM Modi-led Cabinet approves over Rs 10,000 crore to boost India's AI ecosystem | PM Modi-led Cabinet approves over Rs 10,000 crore to boost India's AI ecosystem

PM Modi-led Cabinet approves over Rs 10,000 crore to boost India's AI ecosystem

New Delhi, March 7 In a big push to the vision of 'Making AI in India' and 'Making AI Work for India', the Union Cabinet led by Prime Minister Narendra Modi on Thursday approved the comprehensive national-level IndiaAI Mission with a budget outlay of Rs 10,371.92 crore.

The IndiaAI Mission will establish a comprehensive ecosystem catalysing AI innovation through strategic programmes and partnerships across the public and private sectors.

The Mission will be implemented by 'IndiaAI' Independent Business Division (IBD) under Digital India Corporation (DIC).

The approved IndiaAI Mission will propel innovation and build domestic capacities to ensure the tech sovereignty of the country, an official said.

It will also create highly skilled employment opportunities to harness the demographic dividend of the country.

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