Artificial intelligence (AI), machine learning (ML), blockchain technology, and Internet of Things (IoT) - jargons that have hardly found mention in previous Budgets, managed to make their way into Finance Minister Arun Jaitley’s Budget speech this year, reinforcing the government’s resolution to push everything digital.
“Global economy is transforming into a digital economy, thanks to the development of cutting-edge technologies in digital space - ML, AI, IoT, 3D printing, and the like. Initiatives such as Digital India, Startup India, and Make in India would help India establish itself as a knowledge and digital society. The NITI Aayog will initiate a