Govt Regulations
Parliamentary panel flags IndiaAI's 50% budget cut and slow spending
By Arjun
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13 Aug 12:05 AM
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Via Outlook Business
A parliamentary standing committee report, covered by Outlook Business, says MeitY spent only about 32% of IndiaAI Mission revised-estimate funds for 2025-26 by Dec. 31, 2025, and that Finance gave half of what MeitY sought for 2026-27. The Rs 10,371.92 crore mission also missed early fellowship targets even as officials stress GPU clusters and indigenous models. That matters for labs counting on subsidised compute. The caveat is that a lower budget estimate can reflect under-utilisation, not a permanent cut to the five-year outlay.
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