Tag: Budget 2024 expectations in AI

Budget 2024 expectations in AI: How will India’s tech landscape transform with anticipated initiatives?
Technology

Budget 2024 expectations in AI: How will India’s tech landscape transform with anticipated initiatives?

[ad_1] Budget 2024 expectations in AI: In the forthcoming Interim Budget 2024, set to be announced by Finance Minister Nirmala Sitharaman at 11 am today, the government is expected to introduce some initiatives on artificial intelligence (AI) and other emerging technologies. As the nation gears up for the 2024 budget, the technology sector is rife with expectations. Key industry figures spanning AI, semiconductors, and edtech have articulated their aspirations and recommendations for the government's fiscal policies.NITI Aayog has advocated a forward-looking strategy, proposing the establishment of Centres of Excellence (CoEs) to fortify AI development and foster application-based research. Over the past five years, AI has not only permeated various sectors but has become a recurring fo...