AI is poised to significantly transform India's economy, with projections suggesting it could add $550 billion to $957 billion to the GDP by 2035 by enhancing productivity across agriculture, healthcare, and finance. While boosting efficiency and creating 40 million jobs by 2030, it poses risks to low-skill jobs, requiring massive workforce reskilling.

 AI is poised to significantly transform India's economy, with projections suggesting it could add $550 billion to $957 billion to the GDP by 2035 by enhancing productivity across agriculture, healthcare, and finance. While boosting efficiency and creating 40 million jobs by 2030, it poses risks to low-skill jobs, requiring massive workforce reskilling. 
Journal of Management Research and Analysis +2
Impact on the Indian Economy
GDP Growth: -
   AI is expected to boost India's GDP significantly by 2035, with forecasts ranging from $550 billion to $957 billion.
Key Sectors: -
AI adoption is highest in banking, financial services, insurance, healthcare, and retail. Agriculture benefits from predictive analytics for crop yields, while (manufacturing) uses AI for automation.
Startups & Tech: -
India has over 1,800 AI-focused startups, with 89% of new startups utilizing AI, and the market is expected to reach $17 billion by 2027.
Digital Public Infrastructure (DPI): -
AI is integrating into India's DPI, improving e-governance and service delivery.
Employment: -
While AI is expected to create 1.25 million to 40 million jobs by 2030, it also threatens to displace workers, particularly in entry-level, low-skill positions.
Impact on India's Stability
Social & Economic Divides: -
If managed well, AI can bridge gaps through improved access to education and healthcare, potentially strengthening social stability. However, unequal access could widen the digital divide.
Job Market Disruption: -
The rapid shift, described as a "tsunami" hitting the labor market, risks creating significant unemployment among those unable to reskill, potentially leading to social unrest.
Governance & Security:-
 AI applications in e-Courts improve efficiency, but reliance on AI poses risks regarding data privacy and cybersecurity.
Workforce Preparedness: -
The high demand for AI skills requires urgent, massive upskilling to ensure the population benefits from, rather than is harmed by, the technology. IndiaAI +4
Key Initiatives
National Strategy on Artificial Intelligence: -
The government aims to raise AI spending to 1% of GDP by 2030.
YUVAi & Education:-
 Initiatives like YUVAi and the National Education Policy 2020 are integrating AI into education to prepare the future workforce.
AI Stack for Public Services: -
Utilizing AI for localized needs, such as agriculture diagnostics and disaster management (e.g., Mausam GPT). Journal of Management Research and Analysis +1
India AI Stack: 
Powering Intelligence at Scale - PIB
   AI Adoption in India through High-Impact Applications Indian startups are developing AI applications tailored to local languages, contexts, and sector-specific.
   AI can help India achieve Viksit Bharat goal, but poses high risk to jobs.
    We actually see the impact of AI on the labour market like a tsunami hitting it. Globally, 40% of jobs will be affected by AI, some enhanced, others eliminated.

MJF Lion ER YK Sharma 

Comments

Post a Comment

Popular posts from this blog

Solar Generation in Night hrs

How to get get Solar generations in Night        While standard solar panels cannot generate electricity at night,     New technologies are being developed to address this limitation.      These advancements focus on harnessing the earth's heat or using infrared radiation emitted by the Earth to generate power, potentially creating 24-hour renewable energy sources.  Key Concepts and Technologies :- 1) Anti-Solar Panels (Thermo-radiative Cells):- How they work:-    These panels, also known as thermoradiative cells, work in reverse of traditional solar panels. Instead of absorbing sunlight, they emit infrared radiation into space, which is then converted into electricity.    Nighttime energy:-     They can generate electricity from the difference in temperature between the panel and the surrounding environment, essentially converting the heat escaping into space back into usable power.  Potential:-  ...
Read more

Hydrogen at home — It's the end of solar and wind power

  Hydrogen at home — It's the end of solar and wind power         Statement "1000 pounds" per day of hydrogen at home — It's the end of solar and wind power in the world" is not accurate.     While hydrogen can be produced from renewable energy sources like solar and wind power, it's not a replacement for those sources themselves. Hydrogen production via electrolysis, using renewable electricity, is a promising avenue for decarbonization, but it doesn't negate the need for solar and wind power as direct energy sources.  Cause behind its is as under. Hydrogen as an Energy Carrier:-     Hydrogen is an energy carrier, meaning it stores energy produced elsewhere (like from solar or wind) and can be used to power fuel cells or for other applications.  Electrolysis:-     A key method of producing "green" hydrogen involves using electricity from renewable sources (like solar and wind) to split water into hydrogen and oxygen throu...
Read more

State-wise carbon emissions in India show a concentration in western and southern states, with byd as major emitters, particularly from the manufacturing and energy sectors. The highest total CO2 emissions have been linked to states like Maharashtra, Andhra Pradesh, Uttar Pradesh, Gujarat, Tamil Nadu, and West Bengal, though the specific ranking can vary depending on the data year and the specific pollutants included.

Image
Top 10 Electricity-Producing States in India (2025) Share of India’s  Total Power Generation in (%) 1) Gujarat ~12.61% 2) Maharashtra~10.71% 3)Rajasthan~10.29% 4)Tamil Nadu~7.63% 5)Karnataka~6.30% 6)Uttar Pradesh~5.88% 7)Andhra Pradesh~5.25% 8)Madhya Pradesh~4.62% 9)Telangana~3.78% 10)Haryana~2.94%      State-wise carbon emissions in India show a concentration in western and southern states, with  by d as major emitters, particularly from the manufacturing and energy sectors. The highest total CO2 emissions have been linked to states like Maharashtra, Andhra Pradesh, Uttar Pradesh, Gujarat, Tamil Nadu, and West Bengal, though the specific ranking can vary depending on the data year and the specific pollutants included.   Key Trends & States Western & Southern Dominance:  - Studies indicate that western states and some southern states are consistently among the highest emitters of CO2.  Manufacturing Powerhouses:  - States with si...
Read more