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In AI stimulus, govt allots ₹500 crore for Centre of Excellence in education
Hindustan Times Jammu
|February 03, 2025
The central government will set up a centre for excellence (CoE) in Artificial Intelligence (AI) for education with an outlay of ₹500 crore, Union finance minister Nirmala Sitharaman announced in her budget speech on Saturday, outlining a major push for future technologies.
NEW DELHI:
Sitharaman also announced a ₹20,000 crore allocation to encourage private sector-driven research, development and innovation, a portion of which may be used to set up a "Deep Tech Fund of Funds" to encourage startups.
The CoE for AI in education is the fourth such centre to be announced. In 2023, Sitharaman announced a CoE in AI for agriculture, health, and sustainable cities. In a media interaction after the budget speech, IT minister Ashwini Vaishnaw also said the allocation for the new CoE was a part of the allocation for the IndiaAI Mission, the IT Ministry's initiative to boost indigenous AI development that was cleared with an outlay of ₹10,371.92 crore in March 2024 to be spent over five years.
On Saturday, the IndiaAI Mission was allocated ₹2,000 crore for FY26, up from the revised estimate of ₹173 crore for FY25.
Through this ₹2,000 crore, the government wants to set up 20 AI curation units in central ministries in FY26 and 80 IndiaAI labs across India, according the government's output document.
Dit verhaal komt uit de February 03, 2025-editie van Hindustan Times Jammu.
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