Minister D Sridhar Babu Explores Aleria AI for Boosting State Revenues
State IT and Industries Minister D Sridhar Babu has shown strong interest in the potential of ‘Aleria AI’ technology. This innovative tool is designed to help increase State tax revenues while reducing revenue losses.
On Tuesday, the Minister attended a presentation at his office in the Secretariat, where representatives from Aleria AI showcased the technology’s capabilities. They explained that the tool, when integrated with government departments, can recover up to 30 percent of revenue currently being lost.
In addition to boosting revenue, Aleria AI can also ensure that only eligible beneficiaries receive government scheme benefits. This feature is expected to promote greater transparency and efficiency in the administration of welfare initiatives.
Aleria AI is headquartered in France and the UAE. The company has partnered with IBT Innovations and Innologic Technologies to market its technology in India, potentially bringing its advanced solutions to help streamline government processes.