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Industry players welcomed Union Budget

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Industry players welcomed the Budget and government’s move to double the allocation for the Digital India programme to Rs 3,073 crore — a decision that will help research and skilling in Robotics, Artificial Intelligence (AI) and Internet of Things (IoT), among others.

Presenting the Union Budget, Finance Minister Shri Arun Jaitley said that NITI Aayog will initiate a national programme to direct efforts in AI and the Department of Science and Technology will launch a Mission on Cyber-Physical Systems.

“The National Programme on Artificial Intelligence to be set up by Niti Aayog, the 5G test-bed in IIT Chennai and the mission to encourage Big Data, cyber security and Robotics are some of the initiatives that will help promote Industry 4.0,” said President of the Internet & Mobile Association of India (IAMAI).