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Centre nudges CPSEs for tech, AI adoption
Business Standard
|May 17, 2025
The Union Finance Ministry has asked the Central Public Sector Enterprises (CPSEs) to channel efforts and investments into advanced technologies, particularly artificial intelligence (AI), to enhance operational efficiency and maintain strategic competitiveness, according to a senior government official.
"CPSEs must be more judicious with their resource use. We need a shift from routine spending to a more focused adoption of cutting-edge technologies," the official said, adding that such an approach would be key to navigating future economic challenges.
The Research & Development (R&D) expenditure of all CPSEs stood at ₹10,813 crore in FY24 against ₹7,233 crore in FY23, an increase of 49.50 per cent, according to the latest edition of the Public Enterprises Survey released by the Ministry of Finance.
Cette histoire est tirée de l'édition May 17, 2025 de Business Standard.
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