The government has already laid the foundation with policy initiatives such as AI Centres of Excellence (CoEs) in top educational institutions and a Rs 1 trillion financing corpus to fuel private-sector R&D in emerging technologies.
The key, the report suggested, is ensuring ‘elastic demand’ — a scenario where technological advancements stimulate more economic activity rather than replacing human roles.
The Economic Survey 2025, tabled on January 31, has revealed an opportunistic caution.
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