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Furthering Innovation: Cabinet Approves India AI Mission

In a major boost to AI-based innovation, the Union Cabinet has approved the India AI mission with a budget allocation of Rs. 10,371.92 crore.

The mission is seen as a step towards ensuring tech sovereignty of the country. It is in line with the recommendations of the working groups constituted by the government earlier.

In its press release dated March 7, 2024, the Ministry of Electronics and Information Technology (MeitY) highlighted the seven components of the mission which is set to be implemented by ‘IndiaAI’ Independent Business Division (IBD) under Digital India Corporation (DIC). A structured implementation of the mission is sought to be carried out through a public-private partnership model aimed at fostering the country’s AI innovation ecosystem.

Under the said mission, an AI computing ecosystem is sought to be built to serve the needs of startups, and an AI marketplace is to be designed to act as a one-stop solution for resources critical for AI innovation.

Emphasis has also been placed on improving enrolment in AI courses, right from foundational to Ph.D. level. Some of the other significant components include the extension of financial support to deep-tech AI startups, enabling the implementation of responsible AI projects, etc.

The Union Minister of State for Electronics and Information Technology, Shri. Rajeev Chandrasekhar said that this programme “will catalyze India’s AI ecosystem and position it as a force shaping the future of AI for India and for the world”.

Date: March 8, 2024