Digital literacy among traders need of the hour: Sibal

- Advertisement -

Thursday, September 19, 2013: Kapil Sibal, Communications and Information Technology Minister emphasized that there is need of digital literacy among the traders so as to upgrade and modernise entire retail trade of India. The Minister stated that the change in business scenario demands facelift of the domestic trade in India as well as across the globe and hence, e-governance among traders has become the need of the hour. “e-Governance promotes transparency and provides smooth conduct of business operations and also have higher government accountability. There is a need to create an enabling eco-system among the domestic trade for its sustainable development in a holistic and integrated manner,” Business Line quoted Sibal.

An effort is being made in this direction by the Ministry of IT and Communication and Communication and Confederation of All India Traders (CAIT), which are considering a joint project in order to encourage digital literacy and adoption of IT skills among the business community. An announcement was made by Sibal that participant of Ministry of IT with Communication and CAIT will be termed as ‘E–Vyapar.’

- Advertisement -

National Institute of Electronics and Information Technology is executing the project in cooperation with CAIT. Department of Electronics and Information Technology is funding the project. CAIT informed that workshops will be organised by different States so as to spread awareness among the traders. As per CAIT, Indian retail constitutes nearly 15 per cent of the Gross Domestic Product (GDP) with over five crore small shopkeepers and more than 22 crore dependent on these across India excluding low-cost kiosks, push cart and foot path vendors.

Presently, overall retail market in India is estimated at Rs 20000 billion (Rs 20 lakh crore) with just five per cent in the organised sector and the rest in the self-organised sector. Moreover, programmes have been initiated by firms like Google to bring small and medium shops in the online space as part of its ‘India Get Your Business Online’ campaign since last two years.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Low-Speed Scooters, E Rickshaws Major ‘Headache’ For EV Task Force?

0
Going ahead, the situation for low-speed electric two-wheeler and electric rickshaw retailers and makers looks a little cloudy. The bigger ones may want to join these segments...

Growth Opportunities Connected With The Growing Semicon EcoSystem In India

0
India must concentrate on electronics products and semiconductor components, as progress in one area reinforces the other. The country can unlock immense economic opportunities...

Buzz

Altair Acquires Researchs In Flight To Advance Aerodynamics

0
FlightStream is capable of analyzing airflow from subsonic to supersonic speeds, incorporating compressible effects and a specialized capability for surface vorticity. It builds on...

Texa’s TXT Bharat OBD Tool Launched In India For Commercial Vehicles

0
The TXT Bharat, in conjunction with the IDC5 software interface, is designed to serve a range of vehicles in India, including trucks, buses, light...
Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

Important Sectors

Altair Acquires Researchs In Flight To Advance Aerodynamics

0
FlightStream is capable of analyzing airflow from subsonic to supersonic speeds, incorporating compressible effects and a specialized capability for surface vorticity. It builds on...

Texa’s TXT Bharat OBD Tool Launched In India For Commercial Vehicles

0
The TXT Bharat, in conjunction with the IDC5 software interface, is designed to serve a range of vehicles in India, including trucks, buses, light...
Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Greaves Electric Mobility Launches Ampere Nexus E-Scooter At Rs 109,900

0
The electric scooter, equipped with cutting-edge features and an LFP battery capable of covering 136km on a single charge, is aimed at attracting younger...

Manufacturing

Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

Tesla Abandons Advanced ‘Gigacasting’ Manufacturing Process

0
Tesla, facing declining sales and rising competition, has dropped its one-piece gigacasting manufacturing approach. Originally intended to transform manufacturing and lower costs, Tesla has...

Honda Invests $11 Billion In Canadian EV Value Chain

0
As part of its strategy to establish eco-friendly EV and battery facilities in Ontario, Honda's EV value chain will cover every stage of EV...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...