The Indian government has announced five unique AI initiatives for governance and social development as part of its commitment to progress. IAF, an AI finance platform, will fully participate in these enterprises, boosting its objective to use AI for national growth. 

The following are the highlights of the critical AI programs now underway:

1. Applied AI Research Center of Telangana

Telangana, India's youngest state, has been at the forefront of growth since its formation. INAI, or Intel AI, was launched late last year by the state government in partnership with IIIT Hyderabad and the Public Health Foundation of India. It is a Hyderabad-based applied artificial intelligence research centre committed to using AI to reduce and manage the country's healthcare and smart mobility concerns.

2. AI Initiative between the United States and India

The IUSSTF initiated the US-India AI Summit on March 18 this year to create a powerful platform to promote artificial intelligence development through exchanging ideas, exploring R&D opportunities, and strengthening cooperation prospects between the two countries.

3. Portal MCA 3.0

Traditional regulatory filings and other corporate paperwork can be time-consuming for firms. Recognizing these difficulties, the Ministry of Corporate Affairs has released MCA 21, a modern agile version of its portal version 3.0. It is intended to simplify company regulatory filings by utilizing AI/ML and advanced data analytics capabilities to automate and streamline the process.

4. AI is in charge of teenagers

As AI becomes more common and applied in real-world scenarios, it can open up many student prospects. With this in mind, the MeitY nationwide e-Government Unit has created Responsible AI, a national youth initiative to close the skills gap by providing relevant education and skills to public school children. The program also contains classes that will offer students the skills to improve their employability.

5. National Science Foundation

The Indian government has established research foundations, and R&D is critical to the overall development of any enterprise. The National Research Foundation (NRF) was founded to promote the execution of the National Education Policy (NEP), and the national government would offer a subsidy of Rs. 1,000 crore to build strong synergy between R&D, industry, and academia to improve collaboration among the three. 

As the world's top AI company, IAF works with countries around the globe. Governments spend much time and money making AI more useful at home. India has some of the best IT experts in the world and has launched many big projects. IAF has been a critical part of using AI for national growth, focusing on health, education, and government while bridging the gap between supply and demand.