Union Budget for the upcoming financial year will see provisions for a push to artificial intelligence, people with knowledge of the matter told NDTV Profit.
A special policy package for AI is in the works, the sources said on Monday. The focus will be on AI-skilling schemes along with AI centres, they said.
A fresh Budget allocation could be made towards the policy package, with emphasis on policy measures to safeguard employment, the sources said.
Ministry of Finance has held deliberations with Ministry of Electronics and Information technology and key industry stakeholders to discuss the AI-related proposals in the Budget, including AI-centric entrepreneurship and the impact of the technology.
The previous full Budget presented July last year allocated Rs 551.75 crore to IndiaAI mission. In 2024, Cabinet had also approved Budget outlay of Rs 10,372 crore for five years towards the initiative.
(This is a developing story.)
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