Finance Commission Meets Ministry Of Electronics And IT

- Advertisement -

It was stressed that large scale digital transformation is possible, however, India can and must prepare for it.

Representative image

The Fifteenth Finance Commission headed by Chairman N.K. Singh on Tuesday held a meeting with the Ministry of Electronics and Information Technology (MeitY) on “Harnessing India’s Digital Opportunity”. A detailed presentation on this was made by the Secretary, MeitY, Shri Ajay Prakash Sawhney.

The Ministry held in its presentation that the world economy was getting increasingly digital, and it detailed the disruptive potential of digital technology which is accelerating the transition. Elaborating on the digital profile of India, the Commission was briefed by the Ministry that India was standing on the verge of a trillion dollar digital opportunity. 

- Advertisement -

It was stressed that large scale digital transformation is possible, however, India can and must prepare for it.

Suggestions put forward
In its Memorandum to the Commission, MeitY has made some specific suggestions, such that the Digital India program requires unprecedented IT capability for states or union territories to achieve its objectives and transforms India into a digitally empowered society and knowledge economy. 

The continuation of the ICT infrastructure and capacity building schemes is vital for States/ UTs to build ICT capability towards the implementation of the ‘Digital India’ program. It has asked for the allocation of funds for these projects.

As the National e-Governance Plan (NeGP) is not a centrally sponsored scheme anymore, the Ministry has asked for separate funds for the NeGP Scheme.

It has proposed continuous union support for funding under CSS the implementation of the core ICT infrastructure such as State Data Centres (SDC), State Wide Area Network (SWAN), State Service Delivery Gateway (SSDG), e-districts etc.

The Ministry has also asked the Commission to consider the following criteria while the allocation of resources and proposing performance-based incentives to the states. The Commission assured MeitY that it would take into consideration all the issues raised by the Ministry in making its final recommendations.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

US Aiming to Regain its Semiconductor Leadership

0
Semiconductors are now finding a rightful place in all areas such as national security, information technology, aerospace, and so forth. What is sad is...

Tata Motors And SBI Come Together For EVs

0
India’s largest Public Sector bank, State Bank of India has joined hands with Tata Motors in the space of electric vehicles. Tata Motors, leader...

Ending The Redundancy In The Indian Charging Space

0
Keen on de-cluttering the home and office space, the government is chewing over the idea of having a common charger for all devices. It...

Exclusive

US Aiming to Regain its Semiconductor Leadership

0
Semiconductors are now finding a rightful place in all areas such as national security, information technology, aerospace, and so forth. What is sad is...

Tata Motors And SBI Come Together For EVs

0
India’s largest Public Sector bank, State Bank of India has joined hands with Tata Motors in the space of electric vehicles. Tata Motors, leader...

Ending The Redundancy In The Indian Charging Space

0
Keen on de-cluttering the home and office space, the government is chewing over the idea of having a common charger for all devices. It...

Important Sectors

US Aiming to Regain its Semiconductor Leadership

0
Semiconductors are now finding a rightful place in all areas such as national security, information technology, aerospace, and so forth. What is sad is...

Tata Motors And SBI Come Together For EVs

0
India’s largest Public Sector bank, State Bank of India has joined hands with Tata Motors in the space of electric vehicles. Tata Motors, leader...

Ending The Redundancy In The Indian Charging Space

0
Keen on de-cluttering the home and office space, the government is chewing over the idea of having a common charger for all devices. It...

India Semiconductor Mission: India Needs To Do Enough To Sit On The World Table

0
The government’s strong foot forward with regards to the semiconductor space was a much-needed move and, although late, it is expected to herald the...

Kirloskar Introduces Advanced IoT-Based KirloSmart

0
Kirloskar Brothers Ltd (KBL) recently launched an advanced and upgraded version of its IoT-based pump monitoring system, KirloSmart. It is already a first-of-its-kind IoT-based...

Manufacturing

US Aiming to Regain its Semiconductor Leadership

0
Semiconductors are now finding a rightful place in all areas such as national security, information technology, aerospace, and so forth. What is sad is...

Ending The Redundancy In The Indian Charging Space

0
Keen on de-cluttering the home and office space, the government is chewing over the idea of having a common charger for all devices. It...

Syrma SGS Gets Rs 252 Crores Before IPO

0
With its Initial Public Offering (IPO) opening today, the Electronic manufacturing services (EMS) firm Syrma SGS Technology has already raised Rs 252 crore from...
Drone

Army Looking For Indigenous Combat Drones

0
In view of the Make in India policy of the Indian government, the Indian Army has launched a programme called ‘Him Drone-a-thon’. Drone Federation...

New Policy Push For Floating Solar Projects

0
A new policy for Solar energy is underway, which would incentivise investment in floating solar power generation. Though the technology needed is expensive, it...