The Comptroller and Auditor General of India (CAG), Girish Chandra Murmu, stated that by 2030, artificial intelligence (AI) could add US$ 15.7 trillion to the global economy. However, he has also expressed concerns about maintaining ethical standards in audits and safeguarding privacy in relation to the use of AI.
At a recent event, he explained that democratising AI technology is inevitable and has the potential to lead to socioeconomic growth, and it could be used to benefit citizens and the country through targeted and timely intervention. The CAG added that AI has the potential to solve issues in areas like healthcare, retail, finance, agriculture, food, water resources, environment and pollution, education, special needs, transportation, energy, public safety, disaster, management, and judiciary.
He also addressed concerns related to transparency and fairness. According to the official, these issues include the impact of AI on privacy, bias, and discrimination in AI systems, and an inadequate understanding of AI algorithms by the public. He highlighted the need for responsible AI.
While recognising the importance of sustainability, growth, and the role of emerging technologies, Murmu stated that responsible AI and the blue economy represent new-age opportunities and concerns. He explained the importance of prioritising the blue economy, which is an economic system that includes various policies and operational dimensions focused on conserving marine and freshwater environments while promoting their sustainable use. The blue economy aims to produce food and energy, support livelihoods, and act as a driver for economic advancement and welfare.
With the rapid growth of AI and machine learning (ML), experts predict that most businesses will shift to AI-powered systems, apps, security systems, data analysis, and other applications in the future. AI is expected to add US$ 967 billion to India’s economy by 2035 and US$ 450–500 billion to India’s GDP by 2025, accounting for 10% of the country’s US $5 trillion GDP target.
In December, OpenGov Asia reported that India ranked 32nd among 181 nations in the AI Readiness Index 2022. The government claimed that the world is beginning to see the impact of India’s National AI Strategy, published in 2018. The quality of India’s IT talent pool is a contributing factor.
The country has developed several initiatives aimed at embedding AI use throughout all levels of government and society, as well as ensuring that technological developments reinforce India’s place in the international realm. For example, its draft National Data Governance Framework aims to transform and modernise the government’s data collection and management processes and systems. The government has also set a target to train three million government officials in AI and other emerging technologies.
Recently, the National Institute of Transforming India’s (NITI Aayog) Atal Innovation Mission decided to upskill the education sector by adding IT skills to the formal curriculum. The larger aim is to align the National Education Policy 2020’s (NEP 2020) guidance to increase the pace of tech integration for youth, bridge the future skills gap in the country, and optimise the current infrastructure (including Atal Tinkering Labs) towards making India AI-ready.
The new methodology will enable the shift in teaching pedagogies from traditional to digital with several additional benefits and increased efficiency. Integrating AI with lesson plans and making them part of everyday teaching-learning activities can help enable the students to imbibe the digital-first mindset.
