The government will start a national centre for artificial intelligence (AI) and turn one lakh villages into 'digital villages' in a bid to harness new age-technologies for citizens' benefit, Finance Minister Piyush Goyal said Friday.
Presenting the Interim Budget for 2019-20 in the Lok Sabha, Goyal highlighted that India has become the second largest hub for startups and offers possibly the lowest rates for data and voice calls globally.
"Digital Infrastructure and digital economy of 2030 will be built upon the successes achieved in recent years in digitisation of Government processes and private transactions. Our youth will lead us in this endeavour with innumerable start-ups creating digital India, and millions of jobs in this eco-system," he said.
The minister said in order to reap the benefits of AI and advanced technologies, a national programme on AI has been envisaged by the government.
"This would be catalysed by the establishment of the National Centre on AI as a hub along with Centres of Excellence. Nine priority areas have been identified. A national AI portal will also be developed soon," he promised.
AI technology helps in analysing data in various technologies to improve the efficiency of the system like power management in cars, mobile devices, weather predictions, video and image analysis etc.
"India is now leading the world in the consumption of mobile data. Monthly consumption of mobile data increased by over 50 times in the last five years. The cost of data and voice calls in India is now possibly the lowest in the world," he said.
Goyal added that under the 'Make in India' programme, the number of mobile and parts manufacturing companies have increased from 2 to over 268, providing huge job opportunities.
"India is now on the way to becoming a global manufacturing hub in various sectors, including automobiles and electronics, defence and medical devices," he added.
Over three lakh Common Service Centres (CSCs) employing about 12 lakh people, are digitally delivering several services to the citizens, he noted.
"The CSCs are expanding their services and also creating digital infrastructure in the villages, including connectivity, to convert the villages into Digital Villages. The Government will make one lakh villages into Digital Villages over next five years," he said.
Stating that the concept of employment is changing globally, Goyal said job creation is no more confined merely to government services or factories.
"With job seekers becoming job creators, India has become the world's second largest start-up hub," he added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)