The Minister of State for Electronics and IT, Jitin Prasada, shared the allocation details for the ₹10,371.92 crore IndiaAI Mission in response to a parliamentary question. 

The budget is distributed across its key pillars as follows: IndiaAI Compute Capacity: ₹4,563.36 crore IndiaAI Innovation Centre (IAIC): ₹1,971.37 crore IndiaAI Datasets Platform: ₹199.55 crore IndiaAI Application Development Initiative: ₹689.05 crore IndiaAI FutureSkills: ₹882.94 crore IndiaAI Startup Financing: ₹1,942.50 crore Safe & Trusted AI: ₹20.46 crore Overheads & Contingency: ₹102.69 crore 

Also Read :- RBI Deploys Forex Reserves to Tame Currency Volatility Amid Rupee Pressure

In March this year, the Cabinet, led by Prime Minister Narendra Modi, approved the national-level IndiaAI mission, advancing the vision of “Making AI in India and Making AI Work for India.” The mission seeks to establish a robust AI ecosystem by democratizing computing resources, enhancing data quality, fostering indigenous capabilities, nurturing AI talent, enabling industry collaboration, funding startups, promoting socially impactful projects, and ensuring ethical AI practices. This initiative aims to drive inclusive and responsible growth in India’s AI landscape.

Be a part of Elets Collaborative Initiatives. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook , connect with us on LinkedIn and follow us on Twitter, Instagram.

"Exciting news! Elets technomedia is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!