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Budget 2020: Nirmala Sitharaman says spread of AI, ML is on backdrop

Finance Minister Nirmala Sitharaman Saturday said that the aim of the existing Union Budget is to increase the income of people and improve their purchasing power, and new technologies such as Artificial Intelligence (AI) remained on the backdrop.

Finance Minister Nirmala Sitharaman Saturday said that the aim of the current Union Budget is to boost the income of people and enhance their purchasing power, and new technologies such as Artificial Intelligence (AI) remained on the backdrop.

“This is a Union Budget to boost the income of people and enhance their spending power,” Sitharaman said, and added that the proliferation of new technologies like, Artificial Intelligence, Machine Learning is at the backdrop of Union Budget 2020-21.

Sitharaman added that the number of people in the working-age group is at its highest, and the digital revolution would see the next wave of growth, and see the delivery of services through e-Governance.

The National Democratic Alliance (NDA) government is backing on the digital economy on the back of Prime Minister Narendra Modi’s prestigious Digital India program launched in 2015. Sitharaman emphasized the achievements of the Union government.

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