Which of the following amounts was approved by the union cabinet for India AI Mission in March 2024?

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  1. ₹10,372 crore
  2. ₹12,932 crore
  3. ₹11,732 crore
  4. ₹9,732 crore

Answer (Detailed Solution Below)

Option 1 : ₹10,372 crore

Detailed Solution

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The correct answer is ₹10,372 crore.

Key Points

  • The India AI Mission aims to leverage artificial intelligence for socio-economic growth in India.
  • The mission will focus on sectors like healthcare, education, agriculture, and smart cities.
  • The allocated budget for this mission stands at ₹10,372 crore, approved by the union cabinet in March 2024.
  • The mission is expected to create a robust AI ecosystem in the country, fostering innovation and job creation.

Important Points

  • The India AI Mission is a significant step towards achieving self-reliance (Atmanirbhar Bharat) in the field of technology.
  • The mission will collaborate with leading tech companies and research institutions globally.
  • A dedicated AI task force will be established to monitor and guide the mission's progress.
  • Special emphasis will be placed on ethical AI practices and data privacy.
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