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 India’s leadership therein, according to CMR.

“The 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,” said Prabhu Ram, Head-Industry Intelligence Group (IIG), CMR.

 

Source: Economic Times

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