Union Budget 2025: Sitharaman announces Rs 500 cr plan for 3 Centres of Excellence on AI

Finance Minister Nirmala Sitharam on Saturdsy said that the government will set up Centre of Excellence in Artificial Intelligence for education with an outlay of Rs 500 crore.

Sitharaman on Saturday made history as she presented a record eighth consecutive budget, which comes in the backdrop of slowdown in economy and demand for tax cuts for middle class.

This will take Sitharaman closer to the record of 10 budgets that were presented by former Prime Minister Morarji Desai over different time periods.

Desai has presented a total of 6 budgets during his tenure as finance minister from 1959 to 1964, and 4 budgets between 1967 and 1969.

With inputs from agencies