Achieving $1 trillion digital economy is not a tall claim. Why wait for 7 years? Can we do it in 3-4 yrs? Prasad
The Dollar Business Bureau The IT industry should help India build a $1 trillion digital economy within four years by creating affordable technology and an inclusive environment, Union Minister Ravi Shankar Prasad said today at the High Level Round Table with Pioneers of Industry for developing the roadmap for ‘One Trillion Dollar Digital Economy of India’, organised by MeITY, in New Delhi. Highlighting multi-billion dollar opportunities that exist in areas like IT and IT enabled services, e-commerce, electronics manufacturing, digital payments and cyber security, he said that achieving $ 1 trillion digital economy is not a "tall claim". "I don't have any doubt that it will become $1 trillion in 7 years. My humble request is why wait for 7 ...
Govt wants Apple to consider new policy for local mfg
PTI The government wants iPhone maker Apple to consider a new manufacturing scheme offering duty benefits to set up its plants in the country. "Apple had asked for a set of concessions. For a period of 15 years all the components that Apple imports, they want them to be free of duty. We have a phased manufacturing programme (PMP) because we want more and more value addition to come to the country. We want them to understand how this PMP will work and how they can dove tail into that," Ministry of Electronics and IT Secretary Aruna Sundararajan told reporters on Saturday. She was speaking on the sidelines of the annual session of the Confederation of Indian Industry (CII). ...
Indian digital eco-system is a beacon for the world: Ravi Shankar Prasad
Sairaj Iyer India’s powerful digital ecosystem can be a beacon for the rest of the world, according to Ravi Shanker Prasad, India’s Law Minister, who also holds the portfolio for Communications & Broadcasting. The minister was in Mumbai to speak on the revolutions and innovations achieved in the digital ecosystem at the Gateway House summit. Prasad found that most ministers and bureaucrats were available on social media and governance and issue-resolution was becoming quicker than usual. “India is indeed at the cusp of a digital revolution, and as an IT minister of India, I am observing a great metamorphosis of India. The digital economy in the coming 5-7 years will become a $1 trillion economy, that includes telecom, IT, and ITeS, electronic manufacturing, ...
