Big boost for Digital India as India Inc commits Rs 4.5 lakh cr, to create 18 lakh jobs

July 2, 2015

New Delhi, Jul 2: Prime Minister Narendra Modi on Wednesday launched the "Digital India Week" as part of the larger initiative to empower the people and extend services better with the use of information technology and its tools.

digital-indiaThe prime minister calculated Rs 4.5 lakh crore investment has been committed for Digital India and employment for 18 lakh people.

The prime minister also unveiled a logo for Digital India, an umbrella programme that seeks to transform India into a digitally-empowered, knowledge economy with a host of initiatives for a synchronized and coordinated engagement of the government and its agencies.

For this scheme, the prime minister has already been named chairman of a high-powered monitoring committee and all existing and ongoing e-governance initiatives will be revamped to align them with the larger principles of "Digital India", according to an official statement.

The larger goal of Digital India includes broadband connectivity in all panchayats, Wi-fi in all the schools and universities and public wi-fi hotspots in all important cities by 2019. It will be deployed in delivering services in areas like health, education, agriculture and banking.

The vision is centred on three key areas:

— Digital infrastructure as a utility to every citizen

— Governance and service on demand

— Digital empowerment of Citizens

Following are the highlights of the corporate pledges:

Reliance Industries plans to invest about Rs 2.5 lakh crore ($39.3 billion) in digital initiatives, chairman Mukesh Amabani said on Wednesday. However, he did not give a timeline.

"I believe digital India will be a huge success because of the adoption of technology by the youth of India," Ambani said at the event.

"Digital India as we have seen empowers them to fulfill their aspirations. We at Reliance will invest over Rs 250,000 crore across the Digital India pillars," he said, adding, "I estimate Reliance’s 'Digital India' investments will create employment for over 500,000 people."

He said his group, under the Reliance Jio platform, will roll out an internet protocol-based wireless broadband infrastructure across all 29 states in India. Reliance Jio will also set up a nationwide distribution network for 150,000 small vendors to sell and service devices.

Aditya Birla Group promised to invest $7 bn in the next five years in network rollout and infra and digital space. Chairman KM Birla also announced that his company was working to set up a 100-acre digitally enabled township near Mumbai.

Bharti Airtel's Sunil Mittal committed to spend in excess of Rs 100,000 in the next five years. Mittal also said the company will take 4G to the masses. The Bharti chairman also said that his firm will make meaningful contribution towards the Digital Indian initiative. "We will also ensure providing services such as e-health and e-education to Indian citizens," he said.

Tata Group's Cyrus Mistry said the company will hire 60,000 IT professionals this year.

Speaking on the occasion, Anil Ambani's Reliance Group today committed to invest about Rs 10,000 crore over the next few years to expand its presence across digital, cloud computing and telecom space.

Reliance Group, which already has India's fourth largest telecom company in Reliance Communication, plans to achieve full deployment of next generation content and Cloud Delivery Network by the year end, Ambani said at the launch of Digital India Week by Prime Minister Narendra Modi in New Delhi.

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News Network
March 10,2020

New Delhi, Mar 10: A military transport aircraft of the Indian Air Force (IAF) brought back 58 Indians from coronavirus-hit Iran on Tuesday, official said.

The aircraft, a C-17 Globemaster, was sent to Tehran on Monday evening.

About 2,000 Indians are living in Iran, a country that has witnessed increasing numbers of coronavirus cases in the last few days.

"The IAF aircraft has landed. Mission completed. On to the next," External Affairs Minister S Jaishankar tweeted.

In an earlier tweet, he said, "First batch of 58 Indian pilgrims being brought back from Iran. IAF C-17 taken off from Tehran and expected to land soon in Hindon."

"Thanks to the efforts of our Embassy @India_in_Iran and Indian medical team there, operating under challenging conditions. Thank you @IAF_MCC. Appreciate cooperation of Iranian authorities. We are working on the return of other Indians stranded there (sic)," Jaishankar added.

The aircraft landed at Hindon airbase in Ghaziabad, from where the passengers were take to a medical facility.

According to latest reports, 237 people have died of novel coronavirus in Iran while the number of positive cases stands at around 7,000.

It is the second such evacuation by the C-17 Globemaster in the last two weeks.

On February 27, 76 Indians and 36 foreign nationals were brought back from the Chinese city of Wuhan by the aircraft of the Indian Air Force.

The C-17 Globemaster is the largest military aircraft in the IAF's inventory. The plane can carry large combat equipment, troops and humanitarian aid across long distances in all weather conditions.

Four days ago, a Mahan airline plane brought swab samples of 300 Indians from Iran to India.

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News Network
May 6,2020

New Delhi, May 6: Taking a cue from states, the Centre announced one of the steepest hikes in duties on petrol and diesel in the recent past, by raising it by Rs 10 and Rs 13 per litre, respectively, in a notification issued late on Tuesday.

Retail prices, however, will see no change as the price hike will be absorbed by oil marketing companies against the fall in crude prices.

Road and infrastructure cess was hiked by Rs 8 for petrol and diesel and the special additional excise duty (SAED) was hiked by Rs 2 per litre and Rs 5 per litre, respectively. While the road cess will only go into the Centre’s coffers, the hike on account of SAED will be passed on to states via devolution at 42 per cent. Hence, the states will get only Rs 0.84 per litre in case of petrol and Rs 2.1 in case of diesel.

The decision comes after several states increased the value added tax (VAT) on petrol and diesel making use of the lower price regime. The Delhi government on Tuesday increased VAT on petrol and diesel to 30 per cent each, from 27 and 16.75, respectively. As a result, the price of petrol in Delhi increased by Rs 1.67 to Rs 71.26 a litre and diesel by Rs 7.10 to Rs 69.29 in Delhi on Tuesday.

Amid falling international crude oil prices, the Centre introduced an enabling provision in March to raise excise duty on petrol and diesel by Rs 8 per litre in the Finance Act. The government had on March 14 raised excise duty on petrol and diesel by? 3 per litre each, which was to help raise an additional ?39,000 crore in revenue annually.

This duty hike included Rs 2 a litre increase in SAED and Rs 1 in road and infrastructure cess. It raised SAED to Rs 10 for petrol and Rs 4 for diesel. The limit has now been increased to Rs 18 a litre in case of petrol and Rs 12 in case of diesel by way of amendment of the Eighth Schedule of the Finance Act.

Economists said the move would impact retail inflation by over half a percentage point at least. “With lower consumption, there was loss of revenue for Centre and states, who earn Rs 6 trillion annually or Rs 50,000 crore monthly from fuel. Amid lockdown in April, the collection must have come down to just Rs 5,000 crore, and this will hold for May.

This means that Centre and states have lost 20 per cent of annual revenue from fuel. Hence, they have hiked duties to recover losses,” said Madan Sabnavis, chief economist, CARE Ratings. He added that the hike will impact inflation by at least 0.6-0.7 percentage points.

According to industry experts, an estimate of the additional government revenue cannot be made as the consumption of petrol and diesel has dropped to 40 per cent of what it was before the lockdown. The duty hike comes following a drop in international crude oil prices in April, owing to lower consumption figures globally. At 11.50 pm on Tuesday, Brent was priced at $30.67 a barrel, while West Texas Intermediate (WTI) crude was seen at $24.36 a barrel. On Monday, the Indian basket of crude oil was priced at $23.38 a barrel, after touching a 15-year low last month.

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News Network
May 1,2020

Sangod, May 1: Claiming that "drinking alcohol will surely remove coronavirus from the throat", Congress MLA from Sangod, Bharat Singh Kundanpur, has in a letter to Chief Minister Ashok Gehlot urged the reopening of liquor stores in the state, which have been closed in the wake of nationwide lockdown.

"When coronavirus can be removed by washing hands with alcohol, then drinking alcohol will surely remove virus from the throat," Kundanpur wrote in his letter dated April 30.

He also alleged that the sale of illegal liquor and bootlegging had become rampant in the state due to the closure of liquor stores during the lockdown.

Prime Minister Narendra Modi had on March 24 announced a 21-day nationwide lockdown as a precautionary measure to contain the spread of COVID-19. The lockdown was later extended till May 3.

As many as 2,617 COVID-19 cases have been reported in Rajasthan, as per the latest update by the state Health Department.

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