Pre-budget expectation quote on behalf of Mridu Andotra, Founder & CEO, GeniusMentor
"I believe the Indian education system is on the cusp of a technological revolution, and the upcoming budget presents a crucial opportunity to solidify our commitment to integrating AI into the learning experience. While the National Education Policy (NEP) 2020 and its 2024 updates have laid the groundwork for introducing AI in schools and colleges. Although the government allocated INR 10,300 crore to the IndiaAI Mission in the 2024-25 budget, this initiative encompasses broader AI development, not solely education.
To truly empower India's youth and establish the nation as a leader in AI, the upcoming budget must prioritize a dedicated budget allocation for AI in schools and colleges. A significant increase is needed, potentially aiming for 5-10% of the overall education budget, to match the ambitious goals outlined in the NEP 2020. This investment should focus on providing cutting-edge AI infrastructure, including high-speed internet access, advanced digital tools, and dedicated AI labs in schools and colleges. It should also include provisions for upskilling educators in AI pedagogy and developing engaging, hands-on AI learning experiences for students. China and the US are investing heavily in AI education and the US government is actively supporting AI integration in K-12 education. India needs to ramp up its investment to remain competitive and ensure its students are equipped for the future. This budget is a chance for the government to show that they're serious about AI in education, and I sincerely hope they seize it. "
Pre-budget expectation quote on behalf of Ram Ramalingam — Founder & CMO , GeniusMentor
"Tech start-ups in India, especially the ones in the education domain, will directly impact the quality of the Indian workforce in the global scene. Thus, I believe it’s high time for the government to “walk the talk” on providing tangible assistance & benefits to the start-ups, like offering a true ease of doing business by lowering the price & the TaT for incorporating LLCs or Pvt. Ltd. for all start ups, and providing financial subsidies, grants & incubation assistance for the ones dabbling in next-gen technologies like AI in key areas like education."
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