Reforms 3.0 — towards the Bharat rate of growth

The article advocates for India to embrace Artificial Intelligence (AI) as a catalyst for economic growth, aiming for a 'Bharat rate of growth' exceeding 8%. It draws parallels with the 1991 economic reforms and the success of Digital Public Infrastructure (DPI) like Aadhaar and UPI. Key proposals include making AI tokens free, increasing R&D investment, diversifying AI compute hardware beyond single-vendor dominance, and building sovereign AI capabilities through a National AI Token Policy and public-private partnerships. The author suggests reallocating a fraction of existing subsidies to fund AI initiatives, starting with educational and research institutions, and scaling to various sectors and languages.