India Launches National AI Policy to Spur Innovation and Economic Growth

New Delhi, December 20, 2024 – The Indian government has unveiled its first-ever National Artificial Intelligence Policy, a comprehensive framework aimed at harnessing AI to boost innovation, economic growth, and governance. The policy, announced by Union IT Minister Ashwini Vaishnaw, outlines a roadmap to position India as a global leader in AI research and applications.

The policy focuses on three core areas: research and development, ethical AI deployment, and workforce upskilling. The government has committed ₹50,000 crore over the next five years to fund AI research labs, promote startups, and establish AI training programs for students and professionals.

“Artificial intelligence is the future of innovation, and India must lead from the front,” Vaishnaw said. “This policy will ensure that AI serves as a tool for inclusive growth, helping sectors like healthcare, agriculture, and education.”

One key highlight of the policy is the establishment of the "India AI Hub," a centralized platform to drive collaborations between academia, industry, and government. The policy also includes measures to address ethical concerns, such as data privacy and algorithmic bias, ensuring that AI is used responsibly.

Experts have lauded the move, citing the immense potential of AI to transform India’s economy. However, critics have pointed out challenges such as data infrastructure gaps and the need for stricter regulatory oversight. The policy aligns with India’s broader vision of becoming a $5 trillion economy by 2025, leveraging technology to bridge social and economic disparities.

"AI Revolution: India Unveils Policy to Shape the Future of Innovation"

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