The Union Budget of 2019 should look at providing a policy thrust for emerging technologies such as Artificial Intelligence (AI) and Blockchain, among many others, CyberMedia Research said in a note on Wednesday.

This move will result in new business opportunities across the spectrum, and fostering Indiaโ€™s leadership therein, according to CMR.

โ€œThe Budget should foster research in new emerging technology themes, such as AI by providing (a) increased allocations for R&D infrastructure development; (b) for technology education programs; (c) for fostering advanced research and development; and, (d) skilling and reskilling programs for professionals to prepare the future-ready workforce,โ€ said Prabhu Ram, Head-Industry Intelligence Group (IIG), CMR.

 

Source: Economic Times

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