Tag: NITI Aayog
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
NITI Aayog Unveils AI Roadmap for Informal Workforce
NITI Aayog has unveiled a landmark report titled “AI for Inclusive Societal Development”, presenting India’s first comprehensive roadmap to leverage artificial intelligence and frontier...
BillMart Launches GigCash for India’s 7.7M Gig Workers
BillMart, a fast-growing Indian fintech platform, has announced the launch of GigCash — a custom-built credit line aimed at India’s rapidly expanding gig and...
NITI: AI Could Add $600B to India’s GDP by 2035
India could unlock an additional $500–600 billion in GDP by 2035 through accelerated AI adoption, according to a new report released by NITI Aayog....
NITI Aayog Proposes â‚ą25 Cr Loan Support for Medium Firms
NITI Aayog has proposed a dedicated policy framework to strengthen India’s medium enterprises, including concessional working capital loans of up to ₹25 crore and...
NITI-NCAER Launches State Economic Forum Portal
Finance Minister Nirmala Sitharaman will launch the “NITI NCAER States Economic Forum” portal on April 1, 2025, in New Delhi. Developed jointly by NITI...
Odisha Leads Fiscal Health Rankings; Punjab Lags Behind
Odisha and Chhattisgarh have emerged as India’s fiscally healthiest states, while Andhra Pradesh, Punjab, West Bengal, and Kerala rank among the laggards in NITI...
