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Government to Formulate New Electronics Policy Soon

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[vc_row][vc_column][vc_column_text]IT Minister Ravi Shankar Prasad on 28 May 2018 said that the Digital India programme has become a “mass movement” and the government will soon finalise a new electronics policy to build on the momentum.
The policy will also move forward to meet the ambitious goal of increasing the size of India’s digital economy to USD 1 trillion in the next few years.
Prasad added that the government is going to finalise the new electronics policy whose sub-segment will be export-oriented initiatives in the electronics sector. The ministry has plans to make India a big electronic manufacturing hub to serve domestic as well as overseas markets.
The troika of 31 crore JanDhan accounts, 121 crore mobiles and biometric identifier Aadhar for pushing welfare benefits and subsidies have led to savings of INR 90,000 crore, Prasad said in an interview. He added that this is India for digital inclusion. He also said, “If I juxtapose it on what Rajiv Gandhi had said about sending INR 1 from Delhi and 15 paise reaching on the ground … In the Modi
government INR 1 is sent and it reaches the bank account.”
Prasad highlighted the milestones on IT and electronics related initiatives, saying that the number of Common Service Centres have risen from 83,000 to 2,90,000, while 89 BPOs have started operations in various states in a matter of two and half years. India has seen a never-seen-before growth in the production of mobile handsets, with almost 120 mobile handset and component-manufacturing units have been established in the country over the last three years.
Prasad added that the government sees Digital India as being supported by “low cost technology” that is both developmental and inclusive.[/vc_column_text][/vc_column][/vc_row]

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