Sitharaman pronounces Rs 500 cr plan for 3 Centres of Excellence on AI – Firstpost

Finance Minister Nirmala Sitharam on Saturdsy stated that the federal government will arrange Centre of Excellence in Synthetic Intelligence for schooling with an outlay of Rs 500 crore.

Sitharaman on Saturday made historical past as she introduced a report eighth consecutive price range, which comes within the backdrop of slowdown in financial system and demand for tax cuts for center class.

It will take Sitharaman nearer to the report of 10 budgets that have been introduced by former Prime Minister Morarji Desai over totally different time durations.

Desai has introduced a complete of 6 budgets throughout his tenure as finance minister from 1959 to 1964, and 4 budgets between 1967 and 1969.

With inputs from companies