Made in India’ phone, artificial intelligence, machine learning and all that Budget 2020 has for the technology sector – Gadgets Now

GadgetsNow & Agencies | Feb 1, 2020, 05:28 PM IST

1 / 16Made in India' phone, artificial intelligence, machine learning and all that Budget 2020 has for the technology sector

The Union Budget 2020-21 talks about several policies to leverage technology to boost economic growth in India going ahead. Finance minister Nirmala Sitharaman proposed steps to allow private players to build data centre parks along with several measures to help startups. Heres everything about tech that FM announced in Budget 2020.

2 / 16New scheme to make mobile phones, electronics in India

The government will introduce a new scheme to encourage domestic manufacturing of mobile phones, electronic equipment and semiconductor packaging in order to make India a part of the global manufacturing chain and boost employment opportunities.

3 / 16New policy to enable private sector to build Data Centre parks throughout the country

4 / 16Fibre to the Home (FTTH) connections through Bharatnet to link 100,000 Gram Panchayats by 2020

5 / 16Finance minister Nirmala Sitharaman has proposed Rs 6,000 crore for Bharatnet programme in 2020-21

6 / 16For startups, a digital platform to be promoted to facilitate seamless application and capture of IPRs

7 / 16Knowledge Translation Clusters to be set up across different technology sectors including new and emerging areas to help startups

8 / 16This budget has announced steps to help startups build manufacturing facilities

For designing, fabrication and validation of proof of concept, and further scaling up Technology Clusters, harbouring test beds and small scale manufacturing facilities to be established.

9 / 16Two new national level Science Schemes to be initiated to create a comprehensive database to map Indias genetic landscape

10 / 16Early life funding proposed, including a seed fund to support ideation and development of early stage startups

11 / 16Budget 2020 proposes Rs 8,000 crore over five years for National Mission on Quantum Technologies and Applications

12 / 16NABARD to map and geo-tag agri-warehouses, cold storages, reefer van facilities, etc.

13 / 16Targeting diseases with an appropriately designed preventive regime using Machine Learning and AI

14 / 16Up to 1-year internship to fresh engineers to be provided by Urban Local Bodies.

15 / 16150 higher educational institutions to start apprenticeship embedded degree/diploma courses by March 2021

16 / 16Financing on Negotiable Warehousing Receipts (e-NWR) to be integrated with e-NAM.

The Budget 2020 proposes financing on negotiable warehousing receipts (e-NWR) to be integrated with e-NAM. This is likely to help facilitate seamless trading of agricultural products across the country and help realize the full potential of the national agriculture market (eNAM).

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Made in India' phone, artificial intelligence, machine learning and all that Budget 2020 has for the technology sector - Gadgets Now