Tax on Go
Budget 2015
Click the banner to download Documents
HOME       GST     INDIRECT TAX     INCOME TAX     DTAA     TP     MIXED BAG     LIBRARY    

TOG NEWS

Machine Learning & AI can add 1.3% to India's GDP: Kant
By TOG News Service
Feb 28, 2020

TOG NEWS SERVICE, NEW DELHI, FEB 28, 2020: NITI Aayog and Atal Innovation Mission (AIM) in collaboration with the National Association of Software and Services Companies (NASSCOM) yesterday launched an AI based Module rolled out for students in Indian schools.

The AI-Base Module has been introduced with an objective for students to leverage the full potential of AIM's Atal Tinkering Lab (ATL) and further empowers them to innovate and create valuable solutions benefiting societies at large. The module contains activities, videos and experiments that enable students to work through and learn the various concepts of AI.

Sharing his thoughts, CEO, NITI Aayog Amitabh Kant said that India can add 1.3% to its GDP on an annual basis through the use of machine learning and artificial intelligence.

"Indians can find solutions to the challenges of a shared connected zero emission world, improving learning outcomes, disease like tuberculosis, cancer etc. If we are able to find solutions to these challenges for the 1.3 billion people of India, we can find solutions for the 7.5 billion people of the world too," he said.

He further added that this AI module is so critical, in the sense that it will start teaching young children from a very young age then Indians will become major players in AI, like it has been done in the past for robots, 3D printing, IoT. "This is path breaking, it combines playing and academics and our job is to make things very interesting. We want to make artificial intelligence a great fun, so that children can enjoy it, they can evolve and learn and take India forward."

Technology innovation over the last decade was breathtakingly fast as industries got intertwined with emerging technologies like never before. It has been estimated that by 2030, the global market in AI is likely to be in the range of 15 to 15.5 trillion dollars, out of which India's share will be close to a trillion.

Mission Director Atal Innovation Mission, NITI Aayog R Ramanan said that AI is going to be an integral part of the new 21st century innovations and we are proud to introduce the Learn-It-Yourself module in all our 5000 Atal Tinkering Labs with over 2.5 million students having access to it. "This is the first ever industry government academia initiative on such a scale to keep the school students abreast of latest technologies."

Meanwhile, for India to lead and remain relevant in this new 'tech driven decade', especially in emerging technologies like AI, and the ubiquity of AI in society, it is critical for the government and academia to collaborate and introduce AI learning at schools and prepare young minds for the AI led Digital future.