Tuesday, 17 March

Tuesday, 17 March2026

FM Sitharaman: Regulations Must Encourage Innovation, Not Erase It

By Isha
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.

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