Gold Chain

BACKGROND Artificial Intelligence (AI) has been defined as the ability of machines to perform tasks that require human intelligence, learning experiences, adapting to new situations, and solving complicated problems using data sets,alogriths,and large language models.AI eco system in India comprise of rapidly expanding technology sector with over 6 million people employed in tech and AI eco system.Further India currently hosted about 1800 Global Capability Centers (GCC) with more than 500 focused on AI and about 87% of enterprises are actively using AI solutions. Infact GCC s in India is witnessing dynamic growth despite challenges like inadequate talents, cyber security risks and fiscal pressures. Based on India's development approach to AI AI india Summit 2026  focused on translating global discussions into development outcomes aligned with national  priorities under the India AI Mission and Digital India Initiative. It is expected to strengthen multilateral cooperation whil...

As the Economic Survey 2025-26  has laid out an ambitious economic and Governance plan predicting bright India,amidst darker world and consequently pluging Country's growth 2025-26 at 7 %  higher than 6.5% estimated earlier. Budget for 2026-27  presented by the Finance Minister focused on 3 core aspects namely 1.accelerating economic growth by enhancing productivity and competitiveness  and building resilience to volatile  global dynamics 2.Building human capital to fulfill aspirations of people and build their capacity, making them partners in India's  path to prosperity and 3.Ensuring inclusive development under the vision of "Sabka Saath Sabka Vikas".so that every family, community, region sector has access to resources, amenities and opportunities for meaningful participation and inclusive growth.  According to Finance Minister  over the years Government have pursued far reaching structural reforms, fiscal prudence and monetary stability whils...

 After nearly two decades of trade negotiations India and  European Union have successfully concluded a Free trade agreement on January 27, 2026 in New Delhi. The deal has been described as "mother of all deals " by European Commission President Ursula Von Der!Leyen.The FTA is more than a trade agreement new blue print for shared prosperity and strategic partnership to deepen economic ties and drive shared prosperity.  The Free Trade Zone established by the agreement will benefit approximately2 billion people and one fourth of Global GDP. The provisions of the tariff reduction will make 96.6% of EU goods exports to India tariff either by  exempted or reduced. Tariff on key sectors like automobiles machinery, aerospace, processed foods (breads ,pastries, chocolate) dairy and spirits will be removed.  With a combined market estimated above US $ 24 million or INR 2091.6 lakh crores that  brings unparallel opportunities to the people of India and European Union...

 STRATEGIC TIES  German Chancellor Friedrich Merz's maiden visit to India accompanied by high level delegation including 23 important CEOs, industry leaders and negotiators resulted in very positive outcome with key pillars of cooperation in defence and security, trade and economic relations  innovation and technology(semiconductors and AI) education and research, green energy ,skill development, mobility and people to people exchange etc along with various industry focused forums like Regional Industry Summit  and German Indian Innovations Summit gathered benefit. These summits apart from boosting  bilateral relations is expected to leverage Germany's industrial strength with India's growing economy particularly in innovation and sustainable development.Germany being the largest economy of European Union  with rapid progress in defence manufacturing, industry,  innovation and technology and with  strong historical and cultural ties with  Ind...

 GLOBAL SCENARIO  Despite set backs primarily in Indo US  relations India remains vibrant in the contemporary multipolar world by pursuing strategic  autonomy and multi alignment  and its involvement as a  key player in the global governance and regional stability. India has been continuously balancing its relationships with major powers including USA, Russia and China. We are  advocating more equitable international order through platforms like G20 ,BRICS etc.Country's external policy is characterized by"multi -alignment " engaging  with multiple global blocs like  G20,BRICS, SCO, QUAD etc without a  formal military alliance. India's role in the Indo Pacific is pivotal to it's multi polar strategy comprising of Act East  Policy and SAGAR doctrine aimed at countering China's influences in Pacific region and strengthening regional connectivity. India's voice is gradually evolving as the voice of Global South advocating structural cha...

DIMENSIONS OF AI  DEVELOPMENT  NITI Aayog's  roadmap on AI for Inclusive Societal Development in India proposes AI  driven initiatives to uplift India's 490 million informal workers by improving productivity, social security, market access, and skill development through inclusive digital infrastructure and multi stakeholder efforts.Artificial Intelligence AI  provides  computer program,the ability to think and learn on its own, and become a simulation of human intelligence. Generative AI facilitate both direct and indirect applications to work  on structured data. Commonly known direct applications comprise of leveraging natural  language for structured database generating different  types of data  including historical, tabular, time series data etc. Studies have shown that  AI  would be a force of good , but it can transfom into a most disruptive force as well. For the first time we are experiencing something that is smarter t...