Monday, 15 September, 2025
FM Sitharaman: Regulations Must Encourage Innovation, Not Erase It

Finance Minister Nirmala Sitharaman emphasized that regulations should promote responsible innovation—especially in AI—rather than suppress technology. Launching NITI Aayog’s “AI for Viksit Bharat” report, 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.
Read full story at Economic Times