Budget 2024 expectation: Govt’s stance on AI – Will govt’s ‘AI push’ be visible in Budget document?

India is emerging as a powerhouse in the AI and analytics space with growing tech and digital talent with a push from the government. The central and multiple state governments too have launched various schemes to push AI adoption in India. Some of these schemes/initiatives are “AI for all” by Niti Ayog and Chair at GPAI in the current G20 summit. MeitY also plans to launch IndiaAI, Bhasini Programme, and YuvAI for skilling Indian youth by the central government. Similarly, multiple state government schemes (notably Tamil Nadu, Telangana, and Karnataka) have been launched to grow and develop skills, propel India Inc and investments in this area, and regulate and govern the use of AI.