Why in News?What is India's AI MissionAgra Investment?7 Key Features of IndiaAI MissionSignificance of India AI Mission The Union Cabinet approved the IndiaAI Mission with an outlay of Rs 10,372 crore for the next five years.Last year, the Indian PM had announced the Mission and said its aim was to establish the computing powers of AI within the countryAhmedabad Stock. The PM of India at the Global Partnership on Artificial Intelligence (GPAI) Summit 2023 (New Delhi) announced that India will launch an artificial intelligence (AI) mission.Under the India AI Mission [to be implemented by the ‘IndiaAI’ Independent Business Division (IBD) under Digital India Corporation (DIC)], the Ministry of Electronics and IT (MeitY) will look -To establish a computing capacity of more than 10,000 graphics processing units (GPUs) andTo help develop foundational models trained on datasets covering major Indian languages for priority sectors like healthcare, agriculture, and governance.AI Curation Units (ACUs) will also be developed in 50-line ministries and AI marketplace will be designed to offer AI as a service and pre-trained models to those working on AI applications.The implementation of this AI compute infrastructure will be done through a public-private partnership model with 50% viability gap funding.Of the total outlay (of Rs 10,372 crore), Rs 4,564 crore has been earmarked for building computing infrastructure.IndiaAI Compute Capacity: This pillar will build a high-end scalable AI computing ecosystem to cater to the increasing demands from India’s rapidly expanding AI start-ups and research ecosystem.IndiaAI Innovation Centre: The Centre will undertake the development and deployment of indigenous Large Multimodal Models (LMMs) and domain-specific foundational models in critical sectors.IndiaAI Datasets Platform: This will streamline access to quality non-personal datasets for AI Innovation.IndiaAI Application Development Initiative: This will promote AI applications in critical sectors for the problem statements sourced from Central Ministries, State Departments, etc.IndiaAI FutureSkills: It is conceptualised to mitigate barriers to entry into AI programmes and will increase AI courses in undergraduate, Masters level, and Ph.D. programmes.IndiaAI Startup Financing: This pillar is conceptualised to support and accelerate deep-tech AI startups and provide them with streamlined access to funding to enable futuristic AI projects.Safe & Trusted AI: This pillar will enable the implementation of responsible AI projects including the development of indigenous tools and frameworks.The IndiaAI Mission will further the vision of Making AI in India and Making AI Work for India.The IndiaAI Mission seeks to showcase to the international community the positive applications of the revolutionary technology for societal benefit, thereby elevating India's global competitiveness.It will establish a comprehensive ecosystem catalysing AI innovation through strategic programmes and partnerships across the public and private sectors.It will drive forward creativity and enhance internal capabilities, safeguarding India's technological autonomy.Additionally, it aims to generate employment opportunities that require advanced skills, tapping into the country's demographic advantage.Kolkata Wealth Management

GPAI is a multi-stakeholder initiative with 29 member countries, which aims to bridge the gap between theory and practice on AI by supporting cutting-edge research and applied activities on AI-related priorities.Udabur Investment