NITI Aayog begins Funding for AI – Allocates ₹7500 Crore

May 22, 2019 | Srivats Shankar

NITI Aayog continues work on AI and its future in India

The NITI Aayog has taken up the task of funding artificial intelligence by circulating a letter, which is currently placed before the Expenditure Finance Committee. The goal of the funding is to develop a cloud platform called AIRAWAT that could support existing research and development taking place within India. The goal of the funding is to develop a high-level task force that can stimulate the development of AI within India and enhance the growth that is projected within the industry in the coming years. This initial amount of ₹7500 crore will be provided over a span of three years. They expect a set of 5 institutions along with 20 international centers, alongside a cloud computation platform. These will be done in partnership with existing institutions.

This comes following the Union Budget where for the first time India saw a specific amount dedicated towards AI, also reported by AI Policy.

The NITI Aayog has aggressively pursued development of AI. Having already signed multiple agreements with different organizations, including, Nvidia and Google, this comes as no surprise. Much can be expected in the near future.

Filed Under




European Union adopts AI Committee Recommendations on AI Act

Srivats Shankar | May 02, 2022

The European Parliament adopted the recommendations of the Special Committee on Artificial Intelligence in the Digital Age providing a roadmap until the year 2030 regarding its impact on climate change, healthcare, and labor relations

A picture of a cube representing digital markets

European Union Reaches Agreement on Digital Markets Act

Srivats Shankar | Mar 26, 2022

European Union reaches political agreement to introduce Digital Markets Act.

The “Top Ten Tech” Priorities: Britain’s New AI Strategy

Maathangi Hariharan | Mar 22, 2021

Read On




Artificial General Intelligence

/ˌɑːtɪfɪʃl ˈdʒɛn(ə)r(ə)l ɪnˈtelɪɡəns/

Artificial Intelligence

/ˌɑːtɪfɪʃl ɪnˈtelɪɡəns/

More Terminology