Responsible Artificial Intelligence Is Vital For Viksit Bharat: PM Narendra Modi

Prime Minister Narendra Modi has highlighted the critical role of responsible and inclusive Artificial Intelligence in India's path to becoming a developed nation by 2047. Addressing the ICAI summit, he urged professionals to integrate AI to improve efficiency and maintain high standards of financial integrity.

Responsible Artificial Intelligence Is Vital For Viksit Bharat: PM Narendra Modi

Highlights

  • PM Narendra Modi emphasizes responsible AI adoption for a developed India by 2047.
  • AI is described as a catalyst for industrial productivity and improved decision-making.
  • The ICAI hosted a two-day innovation summit in New Delhi to discuss technological shifts.
  • Chartered accountants are urged to leverage new tech while maintaining integrity and excellence.

Prime Minister Narendra Modi recently emphasized that the responsible and inclusive adoption of Artificial Intelligence (AI) is a pivotal factor in driving India toward its goal of becoming a developed nation by 2047. Speaking on the transformative potential of modern technology, he highlighted how AI integration is fundamental to the country's broader developmental agenda.

The Prime Minister’s remarks were delivered via a message presented at the AI Innovation Summit in New Delhi. This two-day event was hosted by the Institute of Chartered Accountants of India (ICAI), an organization established under an Act of Parliament that currently serves a membership base exceeding five lakh professionals.

Leveraging Artificial Intelligence for National Progress

In his address, Narendra Modi noted that Artificial Intelligence is currently reshaping various industrial sectors, creating fresh opportunities for innovation and enhanced productivity. He stressed that when AI tools are utilized ethically and combined with human decision-making, they significantly boost operational efficiency. Furthermore, these advancements can strengthen regulatory compliance, facilitate more informed decision-making, and empower professionals across diverse fields to provide superior value.

The government is actively pushing forward with multiple strategic initiatives designed to modernize the nation, with Artificial Intelligence serving as a key pillar in this strategy. The focus remains on ensuring that these technological benefits are distributed inclusively, helping to accelerate the national journey toward becoming a fully developed economy.

The Evolving Role of Chartered Accountants

Addressing the professional community directly, the Prime Minister acknowledged the significant shifts occurring within the accounting field due to rapid technological breakthroughs. He praised the Chartered Accountant fraternity for its adaptability and commitment to maintaining high ethical standards.

As the nation transitions into a digital-first era, Narendra Modi expressed confidence that accounting professionals would remain at the forefront of financial excellence. By combining their traditional expertise with innovative AI solutions, the fraternity is expected to play a crucial role in building a robust, transparent, and modernized financial sector, ultimately contributing to the realization of the Viksit Bharat vision.

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