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Englishहिन्दीमराठीਪੰਜਾਬੀবাংলাગુજરાતીநாடுదేశం Advertise with us * Home * News IndiaWorldElections Technology Microsoft Outage LIVE UPDATES: Australia Calls Emergency Meeting; IndiGo, SpiceJet Affected India UP: RSS-BJP Meeting On July 20-21, 5 Key Leaders Asked To Stay In Lucknow | ABP News News Breaking LIVE: Vinay Mohan Kwatra Appointed As Indian Envoy To US Technology Govt In Touch With Microsoft, NIC Services Unaffected India Microsoft Outage: Global Airline Server Outage Causes Web Check-In Issues | ABP News India Kanwar Yatra 2024: New Decree Issued For Haridwar Following UP Directive | ABP News * Business BudgetCryptocurrencyPersonal FinanceMutual Funds Technology Microsoft Outage LIVE UPDATES: Australia Calls Emergency Meeting; IndiGo, SpiceJet Affected Business Microsoft Cloud Outage: Services Disrupted At Brokerages, Stock Exchanges; Microsoft Shares Slip Business Come To Office Or No Leaves: HCLTech Introduces Attendance-Linked Leave Policy Budget Budget 2024 Expectations Live Updates: Travel Industry Calls For Airport Like Infra At Bus Terminals Business Paytm Q1FY25 Results: Operating Revenue At Rs 1,502 Cr; Merchant Payments Rebound, Consumer Metrics Steady Personal Finance Air India Announces Major Move, Employees to Receive VRS Benefits | Paisa Live * Entertainment Celebrities NewsMoviesTelevisionOTTSouth CinemaHollywoodKorean Celebrities Natasa Stankovic Gets Trolled After Separation Announcement From Hardik Pandya: 'Itne Achche Insan Ko Pehchan Nhi Payi' Celebrities Sonakshi Sinha And Zaheer Iqbal Share Shatrughan Sinha's Reaction On Revealing Their Marriage Plans Celebrities Bollywood Actor Cheated On His Wife Two Months After Wedding, Caught With ‘Actress In Makeup Van’, Wedding Filmer Recalls Celebrities T-Series Co-Owner And 90s Actor Krishan Kumar's Daughter Tishaa Dies Of Cancer At 21 Celebrities Tripti Dimri Serves 'Tauba Tauba' Moment In A Chic White Dress At Bad Newz Screening, Check Out All Pics Movies Vicky Kaushal And Katrina Kaif Were All Smiles As They Attended The Screening Of Bad Newz, Watch * Sports IPLCricketFootball Cricket Why BCCI Chose Suryakumar Yadav Over Hardik Pandya As India T20I Captain — EXPLAINED Cricket Virat Kohli Ready To Bury The Hatchet With Gambhir, Claims Report. 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Some Windows Users Seeing BSOD As Well Gadgets Samsung Galaxy Z Fold 6, Galaxy Z Flip 6 Challengers: OnePlus Open, Vivo X Fold 3 Pro, More Technology Windows 11 Users Complain About Photos App Not Working, Microsoft Gives Temporary Fix Technology Budget 2024 Expectations: Ethical AI Guidelines, Workforce Training Among Top Deep-Tech Demands * More News IndiaWorld Sports CricketIPLHockeyFootballOlympicsLottery Business Personal FinanceIPOCryptocurrencyMutual FundsBudget Entertainment MoviesWeb SeriesCelebrities NewsKoreanSouth CinemaHollywoodOTTMovie ReviewTelevision Education JobsResults Technology GadgetsChatGPT Elections Lifestyle Travel Astro Brand Wire Northeast Delhi NCR Offbeat States UP UK Agriculture Trending Andhra Pradesh Kerala Tamil Nadu Telangana Karnataka Health Fact Check Explainers Crime Auto Science Religion and Spirituality Education Explorer Live NowPremiumVideoReelsWeb StoriesPhoto GalleryPodcastGamesMovie ReviewOpinion Useful IFSC Code Finder Pin Code Finder Compatibility Calculator Home Loan EMI Calculator Personal Loan EMI Calculator Car Loan EMI Calculator Education Loan EMI Calculator Age calculator BMI Calculator Petrol Prices Diesel Prices Advertisement HomeTechnologyBudget 2024 Expectations: Ethical AI Guidelines, Workforce Training Among Top Deep-Tech Demands BUDGET 2024 EXPECTATIONS: ETHICAL AI GUIDELINES, WORKFORCE TRAINING AMONG TOP DEEP-TECH DEMANDS BUDGET 2024 EXPECTATIONS: IN ADDITION TO POLICY SUPPORT, THERE IS A GROWING CONSENSUS ON THE NEED FOR RESKILLING AND UPSKILLING INITIATIVES TO PREPARE THE WORKFORCE FOR AI-DRIVEN CHANGES. By : Shayak Majumder | Updated at : 19 Jul 2024 10:56 AM (IST) * * * * There is a recognised shortage of senior engineers capable of developing core AI technologies. Source : Possessed Photography/Unsplash Video Player is loading. Play Video PlaySkip BackwardSkip Forward Mute Current Time 0:02 / Duration 10:03 Loaded: 5.96% 00:02 Stream Type LIVE Seek to live, currently behind liveLIVE Remaining Time -10:01 1x Playback Rate Chapters * Chapters Descriptions * descriptions off, selected Captions * captions settings, opens captions settings dialog * captions off, selected Audio Track * default, selected This is a modal window. Beginning of dialog window. Escape will cancel and close the window. TextColorWhiteBlackRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentText BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentTransparentCaption Area BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityTransparentSemi-TransparentOpaque Font Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDrop shadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall Caps Reset restore all settings to the default valuesDone Close Modal Dialog End of dialog window. Close Player Budget 2024 Expectations: As Finance Minister Nirmala Sitharaman prepares to unveil her seventh Union Budget on Tuesday (July 23), anticipation is mounting over the potential focus on artificial intelligence (AI) and deep-tech innovations. This budget, marking her seventh consecutive presentation, follows a notable interim budget from February that significantly benefited the deep-tech sector by allocating Rs 1 lakh crore to stimulate private investments in emerging technologies, as reported by Outlook. ALSO READ: Union Budget 2024 FAQs: 25 Most Asked Questions Around Budget Terminologies FOCUS ON AI ETHICS The upcoming budget is expected to continue this momentum, with particular attention likely to be directed towards developing ethical AI guidelines and regulatory frameworks. These measures are seen as crucial for promoting responsible AI practices and ensuring data privacy and fairness, according to recent reports by NITI Aayog. In light of the general elections and the new administration, the Ministry of Commerce and Industry is considering the introduction of specialised policies aimed at fostering innovation within deep-tech startups. The National Deep Tech Startup Policy (NDTSP), which is nearing the final stages of consultation, aims to address the unique challenges faced by these startups. The policy draft was initially released for public feedback in July of the previous year. ALSO READ: Crypto Tax In India: The Current State & How Union Budget 2024 Can Help PREPPING WORKFORCE FOR AI In addition to policy support, there is a growing consensus on the need for reskilling and upskilling initiatives to prepare the workforce for AI-driven changes. A recent study by ServiceNow and Pearson projects that 16.2 million Indian workers will need to enhance their skills in response to the rise of AI and automation. Furthermore, there is a recognised shortage of senior engineers capable of developing core AI technologies, with fewer than 2,000 available in the country, according to a Moneycontrol report. As the budget presentation approaches, the deep-tech sector remains hopeful that the new policies will address these critical areas, ensuring continued growth and innovation in India’s rapidly evolving tech landscape. Published at : 19 Jul 2024 10:54 AM (IST) Tags : Nirmala Sitharaman AI Business News Budget 2024 TEchnology News Union Budget 2024 * * * * Follow Technology News on ABP Live for more latest stories and trending topics. Watch breaking news and top headlines online on ABP News LIVE TV Khelo khul ke, sab bhool ke - only on Games Live View More Advertisement Advertisement Join ABP Whatsapp Join Telegram channel Fri Jul 19, 5:04 pm connaught place 32.9° Percipation: 0 mm Humidity: 74% Wind: NNE 14.5 km/h See Today's Weather Powered By: Advertisement TOP HEADLINES India Flight Services Hit Across India As Multiple Airlines Report Microsoft Server Outages India Bilkis Bano Case: SC Dismisses Convicts' Bail Pleas. 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