News Update

CBIC revises tariff value of edible oils, gold & silverFormer IPS officer Sanjiv Bhatt jailed for 20 yrs for planting drugs to frame lawyerCentre receives Rs 18.5 lakh crore tax revenue upto Feb monthUN says Households waste across world is now at least one billion meals a dayExpert Committee on developing GIFT IFSC as 'Global Finance and Accounting Hub' submits report to IFSCAIndia, China hold fresh dialogue for complete disengagement on Western borders: MEADefence Production issues notification for re-organisation of DGQAThakur says India is prepared for 2036 OlympicsCBDT substitutes Form in ITR-5EV Revolution: Lessons for India to learn from US and China!London court green-signals auction of luxury apartment of fugitive Nirav ModiGovt consults RBI; finalises borrowing plan for first half of FY 2024-25Gadkari says Farmers’ protest is politically-motivatedVP calls upon women entrepreneurs to be 'Vocal for Local'America offers USD 10 mn bounty for information on ‘Blackcat’ hackers after UnitedHealth gets hitI-T- The order of the ITSC can only be reopened in cases of fraud or misrepresentation: HC8 persons including Hezbollah militants killed in Israeli strike on LebanonMacron pillories EU-South Africa trade deal; calls it ‘really bad’ in BrazilThailand’s Lower House okays Bill to legitimise same-sex marriageYellen warns China against clean energy dumpingMilky Way’s central black hole - Twisted magnetic field observedCus - Assessee has not proved beyond reasonable doubt that goods in question imported under air way bills/bills of entry were in fact filed by him and hence the only natural corollary available to Revenue is confiscation of same: CESTATSmall investors help Trump Media’s valuation skyrocket to USD 13 billionJustice Ritu Raj Awasthi joins as Judicial member of Lokpal
 
AI is creating new opportunities in economy: Experts

By TIOL News Service

NEW DELHI, AUG 02, 2021: EXPERTS highlighted that Artificial Intelligence (AI) is creating new opportunities which could not be achieved by traditional technology and could be used for health care as well as many other present and future challenges in various sectors, at a discourse series recently.

"AI would not replace people but create new opportunities in various fields. It works on data, and if we could train our machines, it could do wonders for us in milliseconds by automating processes. It can be used for diagnostic purposes for various diseases, including COVID-19, and could prove very effective in remote areas where adequate health facilities are not available. Key to success in using AI for various problems is to reach out to maximum people," said Secretary, Department of Science & Technology (DST) Prof Ashutosh Sharma at the online DST Azadi Ka Amrit Mahotsav Discourse Series New India @ 75, organised by National Council for Science & Technology Communication and Vigyan Prasar.

He spoke about how DST progressed over the last years, seeding foundational technologies, and have launched several schemes to tackle the challenges that are coming at faster speed with science, technology, and innovation-based solutions. "The emergence of disruptive and impactful technologies poses new challenges and simultaneously greater opportunities. DST is a nursery to help, nurture and grow young talents for the progress and development of the country," he added.

Anna Roy, Senior Advisor, NITI Aayog, pointed out that AI can be used effectively for various challenges of the country.

"India has a number of challenges, but at the same time, we also have the advantage of being a data-rich country that has a lot of IT professionals, educationalists, and a demographic dividend. All this could prove a boon for us if we could use these for the progress and development of the country", Anna Roy said.   

She highlighted the role NITI Aayog is playing in identifying various problems of the country and suggesting the future roadmap for India. "NITI Aayog as the leading think tank for the government and country is creating policies for widening science and technology ecosystem and to take industry and academia along for progress and development of the country in every sector," she emphasised.


POST YOUR COMMENTS
   

AR not Afar by SK Rahman

TIOL Tube Latest

Shri Shailendra Kumar, Trustee, TIOL Trust, giving welcome speech at TIOL Awards 2023




Shri M C Joshi, Former Chairman, CBDT




Address by Shri Buggana Rajendranath, Hon'ble Finance Minister of Andhra Pradesh at TIOL Awards 2023