Latest News

Proactive policies needed to attract investments into country: KTR

eTelangana.org | Published: 9th August 2020 | Posted Date: Sunday 9th August 2020 04:41 PM

IT and Industries Minister K T Rama Rao delivering keynote address at the online session on ‘Reinventing Technology in India - Combining the Best of Local and Global Talent, Innovation and Capital’ held as part of CII IndiaAt75 Summit.

Hyderabad: IT and Industries Minister K T Rama Rao on Saturday made a strong pitch for proactive policies to attract investments into the country, particularly in these pandemic times.

“Bold reforms are the need of the hour for the country, and we need to design proactive policies to encourage companies to invest in India,” the Minister said, in his keynote address at the online session on ‘Reinventing Technology in India – Combining the Best of Local and Global Talent, Innovation and Capital’ held as part of CII IndiaAt75 Summit.

Stating that the Telangana government had, as a step in this direction, introduced a best in class Electric vehicles policy on Thursday, Rama Rao said: “The disruption caused by Covid-19 pandemic has forced us to embrace technology in a way never seen before and has helped accelerate our approach towards remote working and implementation of digital solutions.”

The Minister, who has been consistently saying that the country should position itself to tap the potential in the post Covid period, said India has one of the largest pools of technology workforce across the globe and had gained a significant lead in the industry over the last two decades. “The pandemic acts as a perfect platform to strengthen our position in the sector,” he said, adding that with a median age of 26.8 years, India had the youngest workforce in the world which will play an important role during this phase of acceleration.

The Minister, highlighting the three “Is” mantra, said: “What India needs today is innovation, infrastructure, and inclusive growth.” He also spoke about the importance of use of technology in various sectors such as the agritech sector to increase profitability to farmers, technology for digital education, online retail, and robot deliveries.

Pointing out that 5G will play a very critical role, Rama Rao said India was very well capable of developing a cost-effective and swiftly deployable 5G solution. “This is crucial and will go miles in strengthening our position as a technology leader in the world,” he added.

The Minister also stated that Telangana had already fast-tracked the implementation of several use cases-based on advanced technologies such as AI, Drone, Blockchain, and Cloud.

IT and Industries Principal Secretary Jayesh Ranjan was also present during the session.

Courtesy:https://telanganatoday.com/proactive-policies-needed-to-attract-investments-into-country-ktr

 

Double hump camel soon to be inducted into Indian Army to help patrol

The famed double-humped camels of Ladakh

Flights resume from Hyderabad to Qatar and UAE

The Rajiv International Airport (RGIA) in Shamshabad

Indian Premier League 13: Rajasthan Royals launches a new app

IPL franchise Rajasthan Royals

Enjoy todays IPL match with this quick and easy potato snack

cricket buffs are in for a treat and have something to look forward to every evening after a long wait of six months

Sony WH-1000XM4 Headphones

There was a time when we wondered what sony was doing in the noise cancelling segment

The Anurag Kashyap I know is a highly sensitive and emotional person: RGV

Director Ram Gopal Varma

AP High Court extends Status Quo on Amaravati till Oct 5

The Jaganmohan Reddy Government

Entry in shifts, masks, social distancing: Taj Mahal re-opens for tourists after six months

Taj Mahal Monday finally opened

Partial reopening of schools begins for senior classes with 50pc staff

As the schools begin to partially reopen for classes 9-12 in the state

ABCD actor Kishore Aman Shetty arrested in Mangaluru for peddling drugs

Dancer Actor Kishore Aman Shetty and his friend whom the police suspect to be an important link in the chain

NIA traces links of 9 Qaeda men via social media

A day after arresting the nine Al-Qaeda members from West Bengal and Kerala for their alleged terror plot nationwide

Lionel Messi posts farewell message for Arturo Vidal

Barcelona’s Lionel Messi on Monday posted a farewell message for teammate Arturo Vidal

comments powered by Disqus