Monday, 15 September

Monday, 15 September2025

FM Sitharaman: Regulations Must Encourage Innovation, Not Erase It

FM Sitharaman: Regulations Must Encourage Innovation, Not Erase It
Finance Minister Nirmala Sitharaman emphasized that regulations should promote responsible innovationespecially in AIrather than suppress technology. Launching NITI AayogsAI for Viksit Bharatreport, she warned of job losses in clerical and low-skill roles, underscoring the need for reskilling and redeployment. The report calls for aligning industrial and trade policies, strengthening domestic demand, and ensuring India integrates into global value chains.

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