The Budget’s recognition of AI as a strategic enabler across sectors is a positive signal for India’s innovation ecosystem
FinTech BizNews Service
Mumbai, 1 February 2026: Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Union Budget 2026-27 in the parliament on Sunday 1st February 2026.
The Internet and Mobile Association of India (IAMAI) noted that the Budget sends an important strategic signal but now requires execution clarity:
“The Budget’s recognition of AI as a strategic enabler across sectors is a positive signal for India’s innovation ecosystem. As AI adoption accelerates across healthcare, finance, education, and public services, the next phase must focus on access to compute infrastructure, and targeted support for applied AI research and deployment (R&D). Multi-stakeholder collaboration will be critical to ensure India builds globally competitive, responsible, and inclusive AI solutions.”
