Union Minister Piyush Goyal urges youth to explore MSME empowering AI technologies

New Delhi, Oct 8 (KNN) Union Minister of Commerce and Industry, Piyush Goyal has encouraged the youth to explore how Artificial Intelligence (AI) can play a crucial role in empowering the lives of farmers, fishermen and the MSME sector.

He said that the youth must inculcate the spirit of inquiry and start thinking of different ways the AI technologies will help. 

The minister said that AI will help the country bring prosperity to every citizen of this country. 

Addressing the 3rd edition of Global Artificial Intelligence Summit & Awards on Friday he said that AI is key if India truly aspires to be a developed nation by 2047.

Quoting Prime Minister Modi, he said “Any society which does not innovate, stagnates.” 

He said that ‘The Make in India’ program when juxtaposed with AI technology, will enable India to become the factory of the world providing both equipment and technology to the world. 

The Minister noted that the huge talent pool available in the country will definitely help in exploring newer ways to take AI in every sector of economic activity. 

He appreciated the Department of Science and Technology for their wonderful work in supporting the efforts of the scientific community of the country over the years, and particularly during the challenging times of Covid.  

He cited the example of Unified Logistics Interface Platform (ULIP), which is leveraging AI to improve the entire logistics ecosystem of the country. 

Elaborating on the use of AI, he said that ‘Pradhan Mantri Garib Kalyan Anna Yojana’, a major initiative of the Government that was launched during covid pandemic to provide additional food security to over 80 crore people, is also using AI in many ways - to help understand the needs and behaviour patterns of beneficiaries and get feedback about the performance of the Fair Price Shops. 

He remarked that the AI revolution is here to stay and added that with the meaningful contribution by Industry, startups, incubators and  academia, India is going to emerge as the hub of the artificial intelligence revolution across the world.   (KNN Bureau)