The Union Budget 2023 is out and everyone has questions. From, how does my income get affected by the new tax regime to what are the benefits for startups to what is India’s growth rate? Now you don’t have to ask your tax expert or friend when you have AI to your rescue. 

Powered by GPT-3, India Budget’23 by Ask Doc is a chatbot that sources information directly from the Finance Bill. AskDoc is a service to make your documents talk to you and your users using AI. 

Gayatri Taley, founding member at Build, an accelerator for side projects, took to Twitter to share the tool. Interestingly, the tool has been built by a team of five developers, namely Utkarsh Bhimte, Wahab Shaikh, Akhil BVS, Vatsal Sanghvi and Pratyush Rungta. 

It is to be noted that earlier today, Finance Minister Nirmala Sitharaman unveiled the Union Budget 2023-24.  This year’s budget placed a special emphasis on localisation of AI tools and services, alongside the implementation of digital practices and more. 

Read: https://analyticsindiamag.com/indian-govt-to-set-up-national-digital-library-pushes-for-ai-localisation/

The minister announced the establishment of three ‘Centres of Excellence in Artificial Intelligence’ at leading academic institutions, aimed at fulfilling the goals of ‘Make AI in India’ and ‘Make AI work for India.’ These centres will explore the frontiers of scalable solutions in agriculture, health, and sustainable cities. 

The government also introduced a National Data Governance Policy to catalyse innovation and research by startups, by providing access to anonymized data.