Digital economy: policy push on anvil - News Summed Up

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Digital economy: policy push on anvil


more-inThe Centre will soon introduce a slew of policies, including a revamped one on electronics manufacturing and a data protection policy, to achieve the aim of making India a trillion dollar digital economy, Electronics and IT Minister Ravi Shankar Prasad said on Friday. The meeting was attended by Nasscom President R. Chandrashekhar, Google India’s Rajan Anandan, Wipro’s Rishad Premji, Indian Cellular Association National President Pankaj Mohindroo, Internet and Mobile Association of India President Subho Ray, Tech Mahindra’s C.P. After the deliberations it was decided that the Centre will introduce a new revamped policy to push manufacturing of electronics in the country, Mr. Prasad said. “We will be shortly laying down the new electronics policy because, between the old policy and (now), India under Narendra Modi has changed completely.”“Cyber security was also discussed. The government expects digital economy to grow to more than $1 trillion by 2025 from current about $413 billion, with maximum contribution from IT/ITeS sector ($350 billion) and electronics sector ($300 billion).


Source: The Hindu June 16, 2017 15:56 UTC



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