 "artificial intelligence business fintech")
Key challenges
Lack of clear regulatory guidelines and data privacy & misuse
Budgetary support for AI deployment in pockets
Demand-supply gap for skilled AI professionals
Demand-supply gap for skilled AI professionals
Lack of public awareness
Industry ask
Invest in AI infrastructure such as high end hardware, software
Encourage public-private participation through transparent schemes to encourage AI adoption
More From This Section
 "trade fta")
 "critical mineral block")
 "The Ministry of Defence is keen on bringing in private industry at the design & development stage. But, private firms want to come in later")
 "Informal sector, workers,")
 "Piyush Goyal, Piyush")
Increased funding for AI research through a greater thrust on R&D, such as academic institutions, innovation centres, and a thriving startup ecosystem
Tax incentives for firms investing heavily in AI R&D
 "health")
 "Mallikarjun Kharge, Kharge, Mallikarjun, Jairam Ramesh, Jairam")
 "5G")
 "Provident fund")
 "Sitharaman, Union Budget, Nirmala sitharaman")
