India offers Cutting Edge it Technologies at Frugal cost- Says it Secretary

India offers Cutting Edge it Technologies at Frugal cost- Says it Secretary

Secretary, Department of IT & Electronics, Government of India Shri RS Sharma said that India offered a wide variety of sophisticated IT technologies at frugal cost to the technology acquirers and solution providers. He was Addressing the inaugural of the 15th edition of Indiasoft (India IT Show) which began in Delhi today. The international IT event and conferences are attended by over 400 delegates from abroad. Billed as the one of the largest IT shows focused on small and medium enterprises and organized by Electronics and Computer Software Export Promotion Council (ESC), the show was participated by 150 exhibitors form India.

Sketching the dramatic transformations taking place in the digital eco-system of India, Shri Sharma said that digital India program would be a game changer in India`s march towards development. All social welfare and governance programs would be working on digital platform. For instance the unique identification program launched by the Government has so far enlisted 750 million people and it would be covering the entire population. The cost of enlisting an individual in the scheme might work out to be cheapest in the world. While similar ID card program in the UK cost Pound 150 per individual, in India it entailed only Rs 100 only. It could even work out to be cheaper, when the project gets completed. Shri Sharma invited the foreign delegates to adapt the Indian technologies, which combine innovation with frugality, speed and scale. That suited the need and affordability of countries, which are passing through various stages of development. Also, a variety of newer technologies are developed such as digital lockers, digital certificates etc. which would enable a person to store digitally all records and forward them as and when they are required by relevant organizations . Enhanced digitization would also help eliminate the last mile leakages in some of the social welfare programs like employment guarantee, subsidy transfer programs etc. Referring to the financial inclusion programs being launched by the government, Mr. Sharma mentioned that the high mobile phone penetration would be used to reach out the target group. India has over 950 million mobile phones. Since the PC and broadband penetration are not very high, mobile texting would be used for reaching out the target group to inform them about their bank balances and other facilities like direct subsidy transfer etc,. At the same time, every effort will be taken to increase the quality broadband penetration. India would have 250,000 touch points connected with optical fiber , wherein every person would have access to the net.

Shri Nalin Kohli, Chairman, Organizing Committee, Indiasoft Referred to the steady growth in India`s software and services exports, which is estimated to touch US 86 billion this year. Shri J K Jadoo, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India said that the IT sector would emerge as a one trillion dollar worth segment by 2025 and India would be home to over 1000 cutting edge technologies. Shri D K Sareen, Executive Director, ESC referred to the innovative approaches of ESC to enhance the presence of Indian IT companies across the global digital eco-system. Later addressing a press conference along with a high-powered delegation from Russia on the potential of the Indo-Russian cooperation in IT, he said that areas like R&D, development of complex products and solutions should merit the attention of both countries not only for each other’s requirements but for third country exports. Importantly, ESC has signed a number of MOUs with important business organizations from various parts of the world and its statistical year book was released.


‘Make in India – Telecom’ Conclave

Shri Rakesh Garg, Secretary, Department of Telecom today emphasized on the need for frequent exchange of views among manufacturers, service providers, operators, industry and the R&D institutes to find out the shortcomings and ways to address the problems faced. Speaking at the “ Make in India-Telecom” conclave here today he said, there is no dearth of talent in India but still we are hugely dependent on imports, especially in electronics and telecom. He said research is being done in India, but IPRs are with other countries. Then we are buying the very same products at higher costs from those countries. He said that there is a great need to make a mechanism to interact with the industry before developing technology or a solution rather than post development. He appreciated C-DOT’s role in connecting Gram Panchayts with broadband under the NOFN.

Revisiting the history of Indian telecom sector, Smt. Rita Teotia, Special Secretary, DoT, said that India was keeping pace till the eighties, but slipped once the wireless era began. This necessitated in massive imports and decline in manufacturing. And, now in the changed scenario, telecom is no longer a luxury. Telecom services have become a lifeline. Therefore security is a key factor. To address this issue, indigenous manufacturing is an important tool. She said the Conclave is very timely and opportune because in the building blocks for “Make in India” R&D is the first block. Referring to the Prime Minister’s slogan “Zero Defect, Zero Effect” given during his Independence Day speech, Smt. Teotia said that we should develop and manufacture setting high standards with ‘zero defect` so that they are not rejected and without adversely affecting the environment making it `zero effect`.

Shri A. K. Bhargav, Member- Technology, DoT said that this conclave would prove beneficial in bringing to the fore all the requirements, expectations and impediments of the telecom sector. While appreciating the C-DOT R&D in the recent past, he emphasized the need of aggressive marketing of its products.

Shri Vipin Tyagi, Executive Director, C-DOT said that Make in India is of special relevance for organizations like C-DOT who are dedicatedly involved in indigenous R&D. He said that Digital India and Make in India are inseparable and cannot survive without one-another. He explained the objectives of the conclave and presented C-DOT product profile.The panel discussion focused mainly on the need to revive the telecom manufacturing in the country in line with the needs of operators and other users of telecom solutions. The future research roadmap of C-DOT was also discussed with the industry to assure that it would continue to bring indigenous telecom products as per the requirements of the nation.

As the forex outflow on the account of Electronic imports is increasing day by day, it is of paramount importance to further indigenous technologies and take them to manufacturers. This will not only save huge forex for the country, but would also develop an eco space of manufacturers, vendors, application developers in the country. Recent initiatives by the Government like Preferential Market Access have reinvigorated Indian telecom fraternity and it is expected that deliberations in ‘Make in India – Telecom’ conclave would pave the way for close co-operation among indigenous technology developers, manufacturers, academia, and policy makers of the country.

Generation Network (NGN) solution addresses the needs of the changing telecom scenario and enables a smooth transition from Plain Old Telephone System (POTS) to NGN based Voice-over-IP (VoIP). ‘GyanSetu’ is an internet based real-time ICT system designed by C-DOT, primarily to provide various e-services to the under privileged rural population of India.

Centre for development of Telematics (C-DOT), the telecom research and development wing of the Govt. Of India organized ‘Make in India – Telecom’ conclave at its campus in Mehrauli, New Delhi today. Shri Rakesh Garg, Secretary Department of Telecommunications, Government of India inaugurated the event. Special Secretary, DoT Smt Rita Teotia and Member- Technology Shri A K Bhargav were the guests of honour. Telecom industry luminaries comprising of policy makers, operators, manufacturers, academia, etc. participated in the conclave to share their understanding of present telecom landscape, future telecom trends and approach for furthering telecom manufacturing in India. C-DOT presented its offerings for various consumer segments e.g. TSPs, ISPs, Building networks, Campus Networks, Public Wi-Fi Hotspots, and Rural BPO etc.


2.5 Lakh Gram Panchayats are to be connected by National Optic Fiber Network in next Three (3) Years

The Minister for Communication & IT has said that 6000 crore Rupees worth projects were approved in his ministry under the ‘Make in India’ programme out of proposals worth 20000 crore Rupees that were received. As a part of Digital India programme 2.5 lakh Gram Panchayats are to be connected by National Optic Fibre Network in next three (3) years through seven (7) lakh kilometers of Optic Fiber Cable. There is digital divide at present skewed towards Metro cities. Digital India programme will try to bridge this gap, the minister added. Digital India programme is expected to generate five (5) crore direct and indirect employment. He also said that, Digital equality will come only when a most backward Schedule Caste becomes digitally literate and operates a Common Service Center. He added that, the digital empowerment will make a rural artisan to sell their products like madhubani paintings through e commerce sites. Government plans to create a digital locker for storing degree certificates, BPL certificates, etc. India is at present 2nd largest smartphone consumer in the world 2nd only to US. He said that, lots of these electronic goods are imported. To address this Make in India programme is launched, he added.


Indirect Tax Revenue (Provisional) Collections Increase from Rs. 3,98,238 Crore in April-January 2014 to Rs. 4,27,822 Crore During April-January 2015;

Registering an Increase of 7.4% During April-January 2015 Over the Corresponding Period in the Previous Year; Customs Collections Increase by 8.7 % While Service Tax Collections Increase by 8.3 % During the Same Period

            Indirect Tax Revenue (Provisional) Collections Increase from Rs. 3,98,238 Crore in April-January 2014 to Rs. 4,27,822 Crore during April-January 2015, thus registering an Increase of 7.4% during April-January 2015 over the corresponding period in the Previous Year.

            Indirect Tax Revenue (Provisional) collections have increased from Rs 3,98,238 crore in April-January 2014 to Rs. 4,27,822 crore during April-January 2015. Thus an increase of 7.4% has been registered during April-January 2015 over the corresponding period in the previous year. This is an achievement of 68.6 % of the target fixed for BE 2014-15.

            Customs collections have increased from Rs.1,42,835 crore during April-January 2014 to Rs.1,55,248 crore during April-January 2015 registering an increase of 8.7%. This is an achievement of 76.9% of the target fixed for BE 2014-15.

            Service Tax collections have increased from Rs.1,22,196 crore in April-January 2014 to Rs. 1,32,290 crore during April-January 2015 registering an increase of 8.3%. This is an achievement of 61.3% of the target fixed at BE 2014-15.

            Central Excise collections have increased from Rs. 1, 33,207 crore in April-January 2014 to Rs. 1,40,284 crore during April-January 2015 registering an increase of 5.3%.  This amounts to an achievement of 68.3% of the target fixed at BE 2014-15.

Details of Indirect Tax revenue (provisional) collections during April-January 2015, along with growth rate compared to the corresponding period in the previous year.

For the period April – January 2015


Text of the Joint Statement Issued After Fifth India-U.S. Economic and Financial Partnership Dialogue

The Finance Minister of India Shri Arun Jaitley and U.S. Secretary of the Treasury Mr Jacob J. Lew met here today for the Fifth Annual India-U.S. Economic and Financial Partnership. Reserve Bank of India Governor Shri Raghuram Rajan and U.S. Federal Reserve Board Vice Chairman Mr. Stanley Fischer and other senior officials from both the countries participated in the day long meeting.

The following is the text of the Joint Statement released by the Finance Minister of India Shri Jaitley and US Treasury Secretary Mr Jacob Lew after Fifth India-U.S. Economic And Financial Partnership Dialogue:

“The Indian Ministry of Finance and U.S. Department of the Treasury commit to build on the new dynamism of a renewed India-U.S. partnership for the 21st century through “Shared Effort, Progress for All” shaped under the leadership of President Obama and Prime Minister Modi.

We appreciate the significant efforts undertaken by both sides in recent months to re-energize the bilateral and strategic partnership that has elevated the Partnership to an unprecedented level and scale.

Our shared interest in promoting policies that foster higher and more sustainable economic growth, job creation, and financial stability has enabled us to coordinate on a wide range of issues including investment promotion, financial sector regulation, infrastructure development, tax policy, and combating money laundering and the financing of terrorism. We agreed that we would continue to grow our diversified Partnership through enhanced consultations and economic cooperation.

We discussed recent economic and financial developments in our two economies, and in the global economy at large. We noted the challenges that both of our economies face and agreed that sound macroeconomic policies, structural reforms, and strong prudential frameworks will help to boost economic growth and increase resilience to financial market volatility.

We reviewed the growing trade and investment flows between our two countries. We are confident that continued collaboration to increase bilateral trade and investment flows would enhance opportunities for Indian and U.S. citizens through greater economic growth and job creation, providing mutual benefits to both of our countries.

We appreciate the progress made under the new India-U.S. Investment Initiative, which was launched in Washington, D.C. in January 2015 between the Indian Ministry of Finance and the U.S. Department of the Treasury, following Prime Minister Modi and President Obama’s joint pledge to establish the initiative in September 2014. We are confident that under this Initiative our two nations will continue to coordinate on facilitating capital market development conducive to financing greater investment into India, including in infrastructure, will collaborate on measures that help foster an environment for greater investment into various sectors in India, and will work together to overcome any obstacles to such investment.

We emphasized the importance of strengthening international financial institutions, including the World Bank and International Monetary Fund. Secretary Lew affirmed President Obama’s commitment to the shareholder review at the World Bank and to working to leverage the resources of the multilateral development banks to enhance our impact on economic development, including through the financing of infrastructure development.

We noted the need for an early conclusion of reciprocal arrangement on the Foreign Account Tax Compliance Act and look forward to working for an early adoption of the new global standards on automatic exchange of information on a fully reciprocal basis for getting information about unaccounted money hoarded in offshore jurisdictions and tax havens. We are committed to share our experiences in tackling offshore tax evasion and avoidance. We affirmed our shared commitment to fostering an enabling tax environment and expressed our satisfaction at the progress made in resolving tax disputes.

Secretary Lew commended the Jan Dhan scheme to provide universal access to banking services for stronger and equitable growth in India. We agreed to collaborate through technical assistance for furthering financial inclusion to India’s poor.

We agreed that deeper and more liquid capital markets in India will facilitate greater foreign investment across sectors, including infrastructure. Streamlining procedures for directly accessing India’s onshore financial markets and allowing foreign investors to invest in a way that more directly benefits the India end-user, instead of the use of parallel off-shore markets with a chain of intermediaries, would lead to greater efficiencies and more funds available to finance investment.

Minister Jaitley underscored the need to build a broader set of financing opportunities for entrepreneurs and firms, including a more vibrant corporate bond market. Both leaders decided to further the India-U.S. alliance for developing stable and robust government and corporate bond markets, removing regulatory impediments to the deepening of capital markets, and strengthening financial regulation.

We also committed to collaborate on technical assistance in the area of public debt management.

Minister Jaitley expressed his appreciation for the efforts of the U.S. Treasury in cooperating with the Ministry of Finance on the Task Force on Resolution Corporation set up in pursuance of the recommendations of the Financial Sector Legislative Reforms Commission.

We welcomed the agreements made for information sharing between the two countries’ regulatory agencies. We welcomed the prospect of an increasingly robust dialogue and meaningful cooperation on anti-money laundering and combating the financing of terrorism with the signing of the India-U.S. Memorandum of Understanding in January 2015. We reiterated our commitment to target the financial networks and fundraising activities of terrorist organizations such as Lashkar-e-Tayyiba (LeT), Jammat-ud-Dawa (JuD). Jaishe-e-Mohammad, the Haqqani Network, D Company, Al Qaida, ISIL, and individual terrorists associated with these organizations. We all agreed to enhance cooperation between our agencies in fighting illicit finance in all forms.

We encouraged officials on both sides to continue to evolve ambitious plans to further the Partnership. Secretary Lew thanked Minister Jaitley for hosting the first cabinet level meeting under the Economic and Financial Partnership in New Delhi and suggested to convene the sixth meeting of the Partnership in Washington, D.C. in 2016.”


Army Conducts Cycle Expedition “Sailab Se Salamati Tak” for Youth of Kashmir Valley from Srinagar to Delhi

            A Cycle Expedition named “Sailab Se Salamati Tak” from Srinagar to Delhi was flagged off by the GOC, 15 Corps on 31 January 2015. It aimed to  to create awareness amongst the masses about the damage caused by floods in the State of J&K in September 2014, highlight the challenges faced by the locals during the floods and well being of the affected persons after the combined rescue efforts by various Govt & Non Govt agencies. The team comprises of 19 local Cyclists from the flood affected areas of the Valley, led by an Army Officer.
            The route for the expedition was from Srinagar via Banihal, Udhampur, Jammu, Pathankot, Jalandhar, Ludhiana, Ambala, Karnal to New Delhi. The Team arrived in Delhi on 10 February 2015 and thereafter visited Army Institute of Management Technology (AIMT), Army Institute of Education (AIE) and Purana Quila on 11 February.

 On 12 February 2015, the Team interacted with Gen Dalbir Singh, the Chief of the Army Staff at South Block. It will also visit places of historic interest in and around Delhi, before returning to J&K.

India offers Cutting Edge it Technologies at Frugal cost- Says it Secretary India offers Cutting Edge it Technologies at Frugal cost- Says it Secretary Reviewed by Ajit Kumar on 2:26 PM Rating: 5

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