Search Result for : Ravi Shankar Prasad

The Dollar Business Bureau Refuting the claims of any slowdown in the Indian IT sector, Law and IT Minister Ravi Shankar Prasad said on Tuesday that the sector will generate 25-30 lakhs jobs by 2025. “As (the) IT minister of the nation, I completely deny and refute that there is any downturn in the employment in this sector. It is robust, slated for great growth and once digital economy ushers then you can fathom its development,” said Prasad, while sharing the achievements of the Ministry of Electronics and IT in the past three years. The Minister said that the IT companies in India have created 6 lakh jobs in the past three years. “IT firms directly employ around 40 lakh people and about 1.3 crore indirectly. ...

PTI Indian computer systems largely escaped a global ransomware attack as the government and companies installed security patches to gain an upper hand against the first wave of an unrivalled global cyber attack. Over two lakh computers in at least 150 countries are said to have been infected, according to Europol, the European Union's law enforcement agency. In India, only a few isolated incidents in Kerala, Andhra Pradesh and Tamil Nadu were reported. National Informatics Centre, which manages government websites, and the Centre for Development of Advanced Computing installed security patches issued by Microsoft to immunise their Windows systems. Also, guidelines were issued to enable large IT networks to tackle the threat. "There is no major impact ...

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). ...

The Dollar Business Bureau Amid increasing concerns over the possible restrictions on H1B visas, Wipro chairman Azim Premji met IT Minister Ravi Shankar Prasad to discuss visa and its involvement in the Indian IT industry. Prasad assured Premji that India has been in constant touch with the US administration, requesting them to consider bilateral trade and investment relations between the two countries. Last week, Indian foreign secretary S Jaishankar met senior officials of Trump administration in the US last week to discuss India’s concerns over a possible overhaul in H1B visa norms. Jaishankar said the US’ main priorities are illegal immigration, not H1B visa norms. He suggested that the US should instead focus on augmenting bilateral trade and investment relations. The United States Citizenship ...

The Dollar Business Bureau Electronics and Information Technology Minister Ravi Shankar Prasad said on Wednesday that with a focus on the electronics manufacturing in the country, the Government of India has planned to establish electronics clusters in 400 cities and towns across India. The electronics manufacturing market in India would be around $400 billion by 2020, said Prasad while speaking at Pravasi Haryana Diwas 2017, in Gurugram (Haryana). The Minister praised the initiatives taken by Haryana’s Chief Minister of Manohar Lal Khattar and his government to encourage IT services in the state. He said that when he took over the charge of his Ministry, India’s exports were Rs.11,000 crore which now gone up to Rs.1,26,000 crore at the end of December 2016. Prasad further said that Indians are passionate about technology and ...

The Dollar Business Bureau In a bid to provide impetus to commercial arbitration in India, the first-ever global conference titled, “National Initiative on Strengthening Arbitration and Enforcement in India”, will take place from October 21st to 23rd, 2016 in New Delhi.  The conference is being launched by the government and the judiciary primarily to focus on revolutionising the dispute resolution scenario in India. The event will witness a collaboration of NITI Aayog, Ministry of Law & Justice, DIPP, National Legal Services Authority, International Center for Alternative Dispute Resolution and National Institute of Labour Economics Research and Development with an aim to turn the country into a centre of arbitration. The initiative will also have six leading international arbitral institutions namely HKIAC (Hong Kong ...

Source: PTI   People will soon have to dial just a single number '112' for help during emergency situations such as availing services of police, ambulance and the fire department. The proposal to have a single number for various emergency services, approved by the inter-ministerial panel Telecom Commission, would be similar to the '911' all-in-one emergency service in the US. All existing emergency numbers will be phased out within a year of rolling out 112, depending upon the awareness about this new facility. "Telecom Commission has accepted Trai's recommendation on single emergency number 112. It will now be drafted by the Department of Telecom and will require Telecom Minister's (Ravi Shankar Prasad) approval. It will be rolled out within months rather than ...

 Deepak Kumar | The Dollar Business China’s e-commerce giant Alibaba on Monday once again sought approval from the Indian government to launch its e-commerce and retail operations in the Indian market. On Friday, Alibaba Group President Michael Evans and Global Managing Director K G Gowrappan held a meeting with the Indian Communications and Information Technology Minister Ravi Shankar Prasad to express the company’s interest. The China-based company intends to launch its operation in India by this year end. Prasad, in turn, assured Alibaba’s top officials that the Indian government would extend its support in the company’s global expansion plan. "We will give them (Alibaba) full cooperation,” Prasad had said after the talks. Alibaba’s founder Jack Ma has visited India several times since ...