Union Budget 2025-26 Strengthens AI, Boosts Startups, Enhances Education Funding
Union Budget 2025-26 Strengthens AI, Boosts Startups, Enhances Education Funding

Union Budget 2025-26 Strengthens AI, Boosts Startups, Enhances Education Funding

News summary

The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, emphasizes technological advancement, particularly artificial intelligence (AI) in education. A key initiative is the establishment of a Centre of Excellence in AI for education, with an allocation of INR 500 crore, aiming to nurture innovation and critical thinking among students. The budget also proposes a Deep Tech Fund of Funds to support startups in advanced technologies, alongside a fresh infusion of INR 10,000 crore into the existing Fund of Funds Scheme to enhance access to capital for startups. Furthermore, 50,000 Atal Tinkering Labs will be established in schools to foster creativity and innovation in students. The budget reflects a strategic push towards skill development and public-private partnerships, with significant investments aimed at addressing the evolving demands of the global workforce. Overall, stakeholders have welcomed the budget's focus on education and technology as crucial for India's economic aspirations and future growth.

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