Artificial Intelligence: Three Centres of Excellence for artificial intelligence will be established in top educational institutions across the country, the finance minister said.

Data Governance: “A national data governance policy will be brought out. This will enable access to anonymized data,” Sitharaman said.

A national data governance framework will be brought out to enable access to anonymised data. Last year, MeitY had released a draft of this policy under which non-personal data housed with the Centre will be shared with Indian start-ups and researchers. Private companies will be “encouraged” to share such data with start-ups, the draft policy had said.

DigiLocker: A “one-stop solution” will be designed using DigiLocker services for citizens to update their IDs and addresses that are maintained by various government agencies and regulators.The scope of documents that can be stored in DigiLocker is also set to expand, as per the announcement.

5G apps: Over 100 labs for developing applications using 5G services will be set up in engineering institutions to realise the new range of opportunities, business models, and employment potential,” Sitharaman said.

Apps pertaining to smart classrooms, precision farming, intelligent transport systems, and healthcare will be developed, she added.

The scope of documents available in DigiLocker for individuals will be expanded

An entity DigiLocker will be set up for use by MSMEs and large businesses

PM VIKAS scheme will now include access to digital payments and social security

Subsidy for UPI expected to jump two-folds to Rs 2,137 crore in FY23 over previous fiscal.