Challenges and the policy directives Kumar Debojyoti* Research Scholar in International Trade, Department of Economics (Warsaw School of Economics) Poland *Email id: deobojyoti60@gmail.com
Online published on 6 January, 2025. Abstract The study reveals the challenges and policy directives in India’s scenario regarding the performance of employment with the emergence of Big Data, Artificial Intelligence, and Machine Learning. The concerning factor relies on the fact that the policymakers pose a threat by imposing challenges on the traditional outlook of the economy; resultantly, this raises a question about the coordination between technology and human beings. Visualizing the advancement of technology presents a question regarding the disruptive performance of the economy if it is applied without stabilizing the core sectors. The question raises the following scenario to convert the best outcome for India’s economic performance, where AI, Big Data, and Machine Learning can be most effectively implemented. The scenario of implementation can be positive if the traditional sector performs better. Purpose of the Study 1. Scenario for the infant industry that is struggling with the imposition of the tax. This might be a barrier to these industries from performing. 2. The momentum of the fast pace with the advent of technology raises a situation of a huge gap between the high-level and low-level strata of society; the influence of capitalism is felt all around. 3. FDIP scores for developing and least developed nations reveal a lot about the gap in economic growth. Outcome of the Study The study reveals the fact that policymakers need to concentrate on minor factors for the best performance of the economy. Top Keywords Traditional society, Tax, Capitalism, Financial inclusion in South Asia. Top |