In big AI push, Cabinet clears Rs 10k cr plan to set up computing capacity.

Syllabus: GS-III Subject: Current Affairs Topic: Schemes/Policies/Programmes. Issue: Artificial Intelligence


The Union Cabinet approved the India AI Mission.

  • Artificial intelligence (AI) refers to the simulation or approximation of human intelligence in machines.

India AI Mission:

  • Aim to establish the computing powers of AI within the country.
  • The government will allocate funds towards
    • Subsidising private companies looking to set up AI compute capacity in the country
    • Allocate seed funding for AI start-ups.
  • Set up the IndiaAI Innovation Research Centre and an IndiaAI Datasets Platform.
  • The implementation will be done through a public-private partnership model with 50 per cent viability gap funding.

Related Concepts:

Seed funding is the funding for a startup when it is at the seedling stage i.e., inception, ideation, or the beginning stage.

Viability gap funding: Typically offered by the government as a grant to support infrastructure projects that are economically justified but struggle to be financially viable on their own.

Scroll to Top