FM Sitharaman on Rupee, Gold Demand, and AI in Small Industries

• FM Nirmala Sitharaman stated that a weak rupee is only a major concern if the overall economy is weak; India's economy is currently strong.
• She emphasized focusing on overall economic stability rather than personal comfort regarding currency fluctuations.
• Sitharaman attributed the rising gold demand to global uncertainty, leading people to seek safe investments.
• The Finance Minister highlighted plans to integrate AI into Indian small industries to accelerate work and benefit businesses.
• AI is also being utilized in the 'Orange Economy' for financial transaction tracking and in agriculture/health sectors with dedicated centers.

Why It Matters: FM Sitharaman addressed rupee stability, rising gold demand due to global uncertainty, and AI integration in small industries.