Proposal to enhance India's AI & Innovation Landscape ! | Kalvimalar - News

Proposal to enhance India's AI & Innovation Landscape !- 2-Feb-2024

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As we look towards shaping India's socioeconomic future, it's imperative to recognize the pivotal role that academic and innovation environments play in driving progress. With AI technology emerging as a significant force, I propose that the Government prioritize substantial funding allocation towards this sector in the forthcoming Union Budget, 20242025.

The recent surge in AI-based technology underscores the urgent need for robust investments, forward-thinking policy frameworks, and heightened R&D expenditure. India must accelerate its pace to catch up with global advancements in these critical domains.

A collaborative ecosystem is essential for fostering AI innovation, one that brings together academia, industry, NGOs, and government entities. Hence, it's paramount for the Government to spearhead initiatives that facilitate synergistic collaborations and nurture a conducive environment for AI-driven innovation to thrive.

While commendable efforts are underway to enhance our ecosystem, it's crucial to acknowledge the prevailing challenges posed by global politics and technological dynamics. The Government must remain cognizant of these obstacles and expedite its efforts accordingly.

The landscape of AI investment highlights a significant gap, with Indian businesses lacking the scale and emphasis compared to their international counterparts. Therefore, governmental involvement and the formulation of pertinent policies are becoming increasingly vital to bolster the 'Make AI in India' initiative.

To realize this vision, the Government should not only infuse substantial financial resources but also establish agile mechanisms that facilitate rapid growth and innovation in the AI sector.

The potential impact of AI spans across various sectors, from revolutionizing primary education to addressing challenges in skill-building and beyond. Sectors such as public health, agriculture, MSMEs, government services, and transportation stand to benefit significantly from AI-driven efficiencies, thereby contributing to broader societal welfare.

In this pivotal juncture, bold investments in education, healthcare, and technology sectors in the upcoming budgetary allocation can position India as a frontrunner in the global AI landscape.

--- Recommendations by Prof PJ Narayanan, Director, IIIT Hyderabad 

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