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PM Modi Says India is at the Forefront of Industry 4.0 Revolution

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Prime Minister Narendra Modi, who arrived in Germany for a three-day visit to attend the G7 summit, said on June 26 that India is leading the Industry 4.0 revolution, while adding that the nation is excelling on all fronts, including information technology and digital technology. In Munich, while addressing the Indian community, he also stated that India is the world's second-largest maker of mobile phones and has the third-largest startup environment. As reported by ANI, Modi said: "There was a time when India was nowhere in the race of startups. Today, we are the third-largest startup ecosystem. Similarly, we used to import even the simplest phones, today, we are the second-largest mobile phone manufacturer in the world." Additionally, he said: "In the last century, Germany and other countries took benefit from the industrial revolution.


As the Banking and Financial Institutions Adopt Artificial Intelligence -driven – Latestly

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The latest Tweet by IANS India states, 'As the banking and financial institutions adopt artificial intelligence -driven technologies globally, …


Artificial Intelligence will make Indian roadways safer to travel on

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The Indian Ministry of Science and Technology said this unique approach uses the predictive power of AI to identify road hazards and a collision warning system to communicate timely alerts to drivers, to make various safety-related improvements. Artificial intelligence (AI)-powered solutions may soon make roads in India a safer place to drive. The Indian government announced on Tuesday that an AI-powered technology could reduce the risk of road accidents in the country, which have killed more than a lakh people in 2020. In a bid to prevent this from happening, the Indian government said the AI approach will use a first-of-its-kind dataset consisting of 10,000 images. He said that this dataset is finely annotated with 34 classes collected from 182 driving sequences on Indian roads obtained from a front-facing camera attached to a car driving through the cities of Hyderabad, Bangalore and their outskirts.


Showcasing power of AI, metaverse, web3

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There are three primary reasons for organizing such an event. First, the government understands the power of AI and wants India to be a superpower in this space. In 2020, for instance, while speaking at the Responsible AI for Social Empowerment Sumit (RAISE), Prime Minister Narendra Modi said he wants India to become a global hub for AI. Second, we cannot have a meaningful conversation about digital transformation now without referring to cutting-edge technologies such as machine learning, deep learning, computer vision, image processing, natural language processing (NLP), and a suite of other AI technologies. Market research and advisory firm International Data Corporation (IDC) has forecast India's AI market to touch $7.8 billion by 2025, growing at a compound annual growth rate of 20.2%.


Where does India stand in the global AI race?

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Countries such as China, the US, South Korea, and Russia are investing huge sums of money to develop their AI technologies. On the other hand, India is also picking up its pace and entering the race of AI. Artificial Intelligence is indeed the next big thing that would dominate the world. Even the top IT companies have now declared that AI is the future. Countries such as China, the US, South Korea, and Russia are investing huge sums of money to develop their AI technologies and other policy strategies related to the same. On the other hand, India is also picking up its pace and entering the race of AI.


NITI Aayog to expand 'Medicines from the Sky' project

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NITI Aayog, the policy think tank of the Government of India, is looking at expanding its "Medicines from the Sky" project, which uses unmanned aerial systems for the delivery of vaccines in remote areas, to the North-Eastern parts of the country. It is also exploring use of emerging technologies including artificial intelligence (AI) in medical diagnostics. NITI Aayog, in collaboration with the Government of Telangana and the World Economic Forum (WEF), launched the'Medicines from the Sky' project on piloting the use of unmanned aerial systems for the delivery of vaccines in remote areas. These drone trials are focused on laying the groundwork for a drone delivery network that will improve access to vital healthcare supplies for remote and vulnerable communities. The scope includes deliveries of MMR (maternal mortality rate), flu and C-19 vaccines.


Artificial intelligence to drive farm growth: PM Modi

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New Delhi: Artificial intelligence is going to completely change agriculture and farming in the 21st century, Prime Minister Narendra Modi said on Thursday, as he stressed on the use of new technologies to boost farm incomes. Addressing a webinar on agriculture and the Union Budget, the prime minister said over 700 agri startups have been launched in the last couple of years, adding that newer technologies will drive growth. Modi also said the PM-KISAN had entered its third anniversary. "This scheme has become a strong support for the small farmers of the country. Under the scheme, almost ₹1.75 lakh crore has been given to 11 crore farmers," he said.


A New AI Lexicon: C is for Consent

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The collection of vast amounts of data is necessary to the functioning of AI and machine learning based systems. Where that data is personal data, the idea of consent, informed consent, and the redundancy of consent have become a part of debates on technology and rights. Governments across the world are looking to the potential of AI to open new markets and drive economic growth. In 2018, the Government of India, through Niti Aayog (formerly the Planning Commission), released a discussion paper titled'National Strategy for Artificial Intelligence.' This document stated that "for accelerated adoption of a highly collaborative technology like AI, the government has to play the critical role of a catalyst in supporting partnerships, providing access to infrastructure, fostering innovation through research and creating the demand by seeking solutions for addressing various governmental needs."


Prime Minister Narendra Modi Reviews Low-Cost, Landslide Monitoring System Developed …

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The system also predicts extreme weather events with the help of artificial intelligence (AI) and machine learning," said a release from IIT, …


How Can the Use of AI Tools Benefit the Indian Parliament?

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From self-driving cars to intuitive automatic vacuum cleaners, AI has taken over every industry and government organization around the world. Artificial intelligence is an emerging focus area of policy development in India. Many governments have begun to implement AI across various small-scale pilots. But many are still limited to implementation and experimentation. If implemented effectively, AI tools can generate benefits for both private and public-sector organizations.