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The Economic Times

Economy / The Economic Times

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AI can turbocharge India's growth despite job disruption: World Bank

Artificial intelligence can significantly boost developing economies' growth before the decade ends. India leads AI adoption, benefiting farmers with weather forecasts and increasing tech activity. Fintech lenders use AI for credit scoring, extending loans to underserved businesses and workers. Governments must quickly close gaps in power, connectivity, skills, and institutional quality. AI could automate some jobs while complementing many others across low-income countries.

5 Aug 2026 12:43 am