Budget 2025 for Artificial Intelligence Sector
What's in store for the Artificial Intelligence Sector from the upcoming full Budget on February 1. Set to be a 'Pocket Booster' budget with focus on giving consumption a leg-up along with pushing capex Read More.., it is set to benefit a host of sectors. Keep a track on all the expectations, final announcements and in depth analysis of the Budget decision only on Financial Express. We offer you a detailed list of expectation and announcements for Artificial Intelligence Sector on its dedicated page Who Gets What. Navigate through all the declarations at a glance from the current and past Union Budgets on this page.
Budget 2024-26 Announcements for Artificial Intelligence Sector
Artificial Intelligence Sector
- No mention on AI, 5G in budget speech
Who Got What
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Budget Announcements for Artificial Intelligence Sector in FY2024
Artificial Intelligence Sector
- The budget announced three centres of excellence for Artificial Intelligence to be set-up in top educational institutions
- 100 labs in engineering institutions for developing applications using 5G services were also notified
Budget Announcements for Artificial Intelligence Sector in FY2023
Artificial Intelligence Sector
- Notified promotion of extensive use of AI and drone tech to modernize processes in education, banking, transport, and infrastructure.
- Announced implementation of 'Drone Shakti' project to support startups in creating diverse drone applications.
Budget Announcements for Artificial Intelligence Sector in FY2022
Artificial Intelligence Sector
- It was announced in Union Budget 2021-22 that the National Language Translation Mission will use artificial intelligence, machine learning, and speech recognition technologies to build the next generation government apps and websites that will be “conversational” like Amazon's Alexa or Apple’s Siri.
- Union Budget 2021-22 proposed to use data analytics, artificial intelligence, machine learning to make regulatory filings more frictionless for businesses and startups in a revamp of the ministry of corporate affairs (MCA) portal.
Budget Announcements for Artificial Intelligence Sector in FY2021
Artificial Intelligence Sector
- While the importance was recognised of analytics, IoT (Internet of Things). Machine Learning (ML), Artificial Intelligence (AI) besides other technologies, the Union Budget 2020 stated that the proliferation of these technologies is at the backdrop of the budget.
- A policy was also announced to set up data centre parks throughout the country.
Budget Announcements for Artificial Intelligence Sector in FY2020
Artificial Intelligence Sector
- The Finance Minister announced that a National Artificial Intelligence Portal will be developed as a part of the National Programme on 'Artificial Intelligence
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