Regulations should foster innovations, not wipe them out: FM Sitharaman

Finance Minister Nirmala Sitharaman stressed the need for regulations that promote responsible AI innovation without stifling technology. Releasing NITI Aayog’s report ‘AI for Viksit Bharat’, she highlighted challenges like job displacement in routine roles and the importance of reskilling. India must align industrial and trade policies to boost productivity, foster innovation, deepen domestic demand, and strengthen participation in global value chains.

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