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AI Could Boost India's Productivity More Than It Cuts Jobs, Says Goldman Sachs
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A new Goldman Sachs report argues that generative artificial intelligence (Gen-AI) could become a medium-term driver of economic growth in India, despite concerns over job losses.
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AI Could Boost India's Productivity More Than It Cuts Jobs, Says Goldman Sachs
A new Goldman Sachs report argues that generative artificial intelligence (Gen-AI) could become a medium-term driver of economic growth in India, despite concerns over job losses. The report, titled 'Gen-AI in India: Jobs Crosswinds, Productivity Tailwinds,' suggests that AI adoption is expected to have 'wide-ranging' benefits for the Indian economy. According to the report, AI could boost India's productivity more than it cuts jobs, making it a key driver of economic growth. The report's findings are based on a conservative estimate of AI adoption in India.
IndiaAI Mission approves 13 projects under Safe & Trusted AI pillar to tackle deepfakes and bias
The IndiaAI Mission’s Safe & Trusted AI pillar has approved 13 projects to advance responsible AI development in India, with a focus on tackling deepfakes and algorithmic bias. The Ministry of Electronics and Information Technology (MeitY) announced the initiatives under the IndiaAI Mission, approved in March 2026. The projects include research on AI safety frameworks, bias detection tools, and deepfake detection technologies. The mission aims to strengthen citizen trust in AI systems and position India as a key contributor to global AI governance. The approved projects will be implemented by academic institutions and industry partners.
Government Identifies 20 Indigenous AI Model Proposals Under IndiaAI Mission
The Indian government has identified 20 indigenous sovereign artificial intelligence (AI) model proposals for support under the IndiaAI mission. The proposals include 12 large language models and eight small language models. The government aims to promote the development of AI in the country, with a focus on indigenous models that can be used for various applications. The IndiaAI mission is part of the government's efforts to increase the use of AI in various sectors, including healthcare, education, and finance.
India's AI Mission Has ₹10,371.92 Crore but Zero Money for Victims When It Goes Wrong
India's AI Mission has been allocated ₹10,371.92 crore, but there is no provision for compensation to victims when AI systems go wrong. The lack of provision has raised concerns about the safety and accountability of AI systems in India. The AI Mission aims to promote the development and use of AI in various sectors, including healthcare, education, and finance. However, the absence of a compensation mechanism for victims of AI-related accidents has raised questions about the mission's commitment to safety and accountability. The issue has sparked a debate about the need for a robust regulatory framework to govern the development and use of AI in India.
Is India the subject or the object of its AI story?
Is India the subject or the object of its AI story? Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News. Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News.
Rs 10K crore, 38K GPUs, and 12 firms later, India’s AI mission is still looking for users
Rs 10K crore, 38K GPUs, and 12 firms later, India’s AI mission is still looking for users The mission picked companies to build AI for farmers, schools, and hospitals. Two years later, they are selling mostly to everyone else Enter your email address to receive a daily summary of all our stories. Whenever a new sector takes off, India responds with a mission and about Rs 10,000 crore in funding. For AI, that meant picking 12 companies to build indigenous products for government work and public welfare. That was step one. M worked on Project Indus, Tech Mahindra’s open-source large language mod.
Rs 10K crore, 38K GPUs, and 12 firms later, India’s AI mission is still looking for users
Rs 10K crore, 38K GPUs, and 12 firms later, India’s AI mission is still looking for users Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News.
Rs 10K Crore, 38K GPUs, and 12 Firms Later, India's AI Mission is Still Looking for Users
The AI mission, launched with a budget of Rs 10,000 crore and 38,000 GPUs, is still struggling to find users for the AI products developed by the 12 selected companies. The mission aimed to build indigenous AI products for government work and public welfare, but it seems that the products are not meeting the expected demand.
India's AI Mission Faces Challenges in Finding Users for Indigenous Products
India's AI mission, launched with Rs 10,000 crore in funding, has faced challenges in finding users for the indigenous products developed by 12 companies. The mission aimed to create AI products for government work and public welfare, but most sales have gone to non-governmental entities.
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