homefinance NewsBudget 2023 | National Data Governance Policy, centres of excellence for AI announced

Budget 2023 | National Data Governance Policy, centres of excellence for AI announced

During her speech at the Union Budget session 2023-24 on Wednesday, Union Finance minister Nirmala Sitharaman announced that three centres of excellence will be set up for artificial intelligence (AI) under the National Data Governance Policy, which will be bought out to give access to anonymised data.

By Pihu Yadav  Feb 2, 2023 3:12:58 PM IST (Updated)

2 Min Read

During her speech at the Union Budget session 2023-24 on Wednesday, Union Finance minister Nirmala Sitharaman announced the National Data Governance Policy "to unleash innovation and research by start-ups and academia".
The policy will be brought out to give access to anonymised data.
"One-stop solution of reconciliation and updating of identity and addresses to be established using Digilocker service and Aadhaar as foundational identity," she said.
DigiLocker, a cloud-based platform for storage, sharing and verification of documents and certificates, will now support more documents and will also be used for storing and sharing documents whenever needed, Union Finance Minister Nirmala Sitharaman said during her Budget speech at Parliament on Wednesday.