<h1>Union Budget 2023-24 Unveils AI Centers, Data Governance Policy, Simplified KYC, and Compliance Reduction.</h1> The Union Finance Minister presented the Union Budget 2023-24, emphasizing a transparent and accountable administration. Key initiatives include Mission Karamyogi, aimed at enhancing civil servant skills, and the reduction of 39,000 compliances to boost ease of doing business. Three Centres of Excellence for AI are proposed in top educational institutions to foster AI development. A National Data Governance Policy will enable access to anonymized data. Simplified KYC processes and a unified filing system using PAN as a common identifier are proposed to streamline business operations and improve digital governance.