Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Nepal protests
  • Nepal Protests Live
  • Vice-presidential elections
  • iPhone 17
  • IND vs PAK cricket
  • Israel-Hamas war
fp-logo
Budget 2018: Industry welcomes government's decision to double the allocation on Digital India program to fund Robotics and AI
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Tech
  • News & Analysis
  • Budget 2018: Industry welcomes government's decision to double the allocation on Digital India program to fund Robotics and AI

Budget 2018: Industry welcomes government's decision to double the allocation on Digital India program to fund Robotics and AI

Indo Asian News Service • February 1, 2018, 16:56:35 IST
Whatsapp Facebook Twitter

Arun Jaitley said that NITI Aayog will initiate a national programme to direct efforts in AI and the Department of Science and Technology .

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
Budget 2018: Industry welcomes government's decision to double the allocation on Digital India program to fund Robotics and AI

Industry players on Thursday welcomed the government’s move to double the allocation on 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. [caption id=“attachment_3859951” align=“alignleft” width=“380”] ![Representational image. Reuters](https://images.firstpost.com/wp-content/uploads/2017/07/Artificial-Intelligence-1-380.jpg) Representational image. Reuters[/caption] Presenting the Union Budget for 2018-19, Finance Minister 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, cybersecurity and Robotics are some of the initiatives that will help promote Industry 4.0,” said Dr Subho Ray, President, the Internet & Mobile Association of India (IAMAI). “This will create new skills and jobs and help usher in the next phase of the IT-BPM sector in India,” he added. Welcoming the focus on disruptive technologies, Priya Mahajan, Head of ASPAC Public Policy & Regulatory Counsel, Verizon Enterprise Solutions, said that “we hope that the government will also consider additional reforms in the telecom sector to create a predictable, flexible, lightly regulated policy framework that incentivises the businesses to invest, reinvest and to compete on a level-playing field basis”. The aim of the government is to support the establishment of centres of excellence for research, training and skilling in Robotics, AI, digital manufacturing, Big Data Analytics, **quantum communication** and IoT. “It is great to see the government’s continued efforts towards ‘Digital India’ by increasing investment for digital initiatives and enabling the NITI Aayog to direct efforts towards Artificial Intelligence. We look forward to partnering with the public and private sector to create a technology-driven ecosystem which fosters local innovation and research,” said Mahesh Nayak, Chief Operating Officer, SAP Labs India. According to Arun Gupta, CEO and Founder of MoMagic Technologies, the budget has recognised the importance of artificial intelligence, machine learning and robotics as tools to further growth at national level. “Niti Aayog’s plan is a welcome move which will push investments and research in this space and will put India on the right path for innovation,” Gupta added. This is in regard with the Union Budget 2018-19. Enclosed is the quote on budget reaction on Cybersecurity from PwC, for your reference. Sivarama Krishnan, Partner and Leader Cyber Security, PwC India, said: “The CoEs (Center of Excellences) will be a key step in building solutions which embed security by design and privacy by design”. “It’s great to see that government is recognising future technology for building the future. Not only this helps in job creation but also advances the nation in competitive global space,” added Prabhakar Chaudhary, MD-HAL Robotics.

Tags
Robotics artificial intelligence AI SAP Labs Big Data Analytics IoT cybersecurity Budget 2017 Quantum Communication MoMagic
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Top Stories

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV