BUDGET 2019 : National AI center to assist AI penetration in MSMEs and small entrepreneurs.

While presenting the Interim Budget 20019 Cabinet Minister Piyush Goyal said the nation would emphasize on Artificial Intelligence in the sector of MSMEs and small enterprises. He said the MUDRA Yojana has given more than 15.6 Lakh Crore loans to small entrepreneurs. Job seekers have now become Job creators. India will continue to assist the small entrepreneurs.

He added ‘Today, the best products in the market are often manufactured in the smallest startups not necessarily in big private or government industries’. He said A National centre for Artificial Intelligence will be formed and a Nation AI Portal will be opened to enhance the use of AI in smaller industries.

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Budget 2019 Key points