IndiaAI Mission to Drive AI Adoption Among MSMEs with Rs 10,371.92 Crore Outlay: MoS

New Delhi, Jul 31 (KNN) The Government is promoting the adoption of artificial intelligence (AI) and digital technologies among MSMEs through the IndiaAI Mission, which has an approved outlay of Rs 10,371.92 crore.

The information was given by Union Minister of State for MSME Shobha Karandlaje in a written reply to a question in the Lok Sabha. The IndiaAI Mission was approved on March 7, 2024 and comprises seven pillars: IndiaAI Compute Capacity, IndiaAI Innovation Centre, IndiaAI Datasets Platform, IndiaAI Application Development Initiative, IndiaAI Future Skills, IndiaAI Startup Financing, and Safe & Trusted AI.

The Mission aims to expand access to AI and support its adoption across sectors, including MSMEs, with a focus on productivity and competitiveness.

The Government also periodically assesses digital adoption among MSMEs through evaluation studies conducted in collaboration with industry and research institutions.

The Output-Outcome Monitoring Framework (OOMF) of NITI Aayog is also used to evaluate the outcomes of government interventions.

(KNN Bureau)