Governor Dr Hari Babu Kambhampati graced the inaugural session of the National Level Workshop,”Artificial Intelligence based Financial Empowerment for Mizoram”, as the Chief Guest at Auditorium, Mizoram University today.
In his inaugural address, Governor Dr Hari Babu Kambhampati, Chief Rector of MZU spoke about how the introduction of Artificial intelligence in technology brings about improvement in our standard of living, how it accelerates economic growth and how it empowers the consumers by ease of doing business. He appreciated the practicality of these AI-based projects on Financial Technology taken up by Mizoram University and NIT Mizoram in attempting to improve existing systems and conditions in financial technologies key sectors – farming, transport, health, industries, etc. He thanked the NM-ICPS, DST for funding MZU and NIT through IBITF, IIT Bhilai on these AI-based Financial Technology Projects. He also lauded the innovative ideas of the Project Investigators, Co-Project Investigators under the aegis of the administrations of MZU and NIT respectively.
Under the aegis of the Department of Science and Technology (DST), the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) has provided funding to IIT Bhilai to host the Technology Innovation Hub (TIH). Presently, IIT Bhilai approved and funded 6 projects of Mizoram University and 5 projects of NIT Mizoram on Financial Technology.
During the inaugural session, one of the projects under MZU, “Sustainable Smart Parking Solution for Aizawl City”, taken by PI: Dr Morrel VL Nunsanga, Asst Professor along with Co-PIs: Dr Rakesh Matam, Assoc professor, Dr R.Lalchhanhima, Asst Professor and Smt Vanlalmuansangi Khenglawt, Asst Professor was showcased and commented. During the technical session, all the 6 projects taken up by MZU will be presented, reviewed and discussed.
The inaugural session commenced with a welcome address by Prof Ajoy Kumar Khan, Department of Computer Engineering, coordinator of the workshop. Prof Sudipta Chattopadhyay, Dean, School of Engineering and Technology, Prof Pravakar Rath, Acting Vice Chancellor, Prof Lalnundanga, Registrar and Prof Santosh Biswas, Project Director, IBITF, IIT Bhilai were the other speakers. The program concluded with a vote of thanks by Dr R.Chawngsangpuii, Assoc Professor, Department of IT, MZU.
