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Rs 1 lakh crore electronics manufacturing proposals for India: Prasad

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New Delhi: Communications and Information Technology Minister Ravi Shankar Prasad revealed India has received Rs 1,00,000 crore in the last fifteen months as investment proposals for electronics manufacturing in the country,  said on Thursday.

“I am happy to announce that in the last fifteen months, investment proposals worth Rs 104,000 crore have been received for electronics manufacturing in the country,” Prasad said at an International Chamber of Commerce event here supported by industry chamber FICCI.

Ravi_Shankar_Prasad_At_OfficeThe proposals come from various companies for electronics manufacturing under the Modified Special Incentive Package Scheme (MSIPS).

The scheme, originally approved by the government in 2012, provides capital subsidy of 20 percent in special economic zones (SEZ) or 25 percent in non-SEZ units engaged in manufacturing of electronics items. In July, the NDA government extended the MSIPS policy by five years.

In the recent period, global majors like Xiaomi and Motorola, along with Lenovo, commenced assembling smartphones in the country through contract manufacturing by Foxconn and Flextronics respectively.

“The Make in India programme evolved out of the initiatives taken for electronics manufacturing. When I assumed charge as minister last year, there were only two electronics clusters in the country. Now there are 20,” Prasad said.

He pointed out that the Digital India programme was transformational and designed to bridge the divide between the “digital haves and have-nots”.

“The common man is using digital technology for doing business and for his empowerment. In the prime minister’s scheme of things, Digital India is for the poor and the underprivileged,” he said.

“Digital India is politics neutral, ideology neutral, centre-state neutral. It is India positive,” he added.

(IANS)

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Actor Varun Dhawan Thinks That Film Industry Now Harness The Concept of Digital India

On his favourite social media personality, he said: "It is ‘The Rock', Dwayne Johnson. I think we all have something to learn from that man."

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Varun Dhawan, Koffee with Karan
Film industry has woken up to importance of Digital India: Varun Dhawan.

Actor Varun Dhawan says the Indian film industry is now harnessing the power of the Internet to reach the masses.

The “Badlapur” actor, who connects to his fans via social media frequently, received the Best Digital Personality of the Year Award at the Digital Marketers’ Awards by IAMAI and moneycontrol here on Wednesday, read a statement.

Varun Dhawan then took to answering a few questions, talking about trolls, media personalities and about India going digital.

Bollywood Actor Varun Dhawan
Varun Dhawan.

He said: “Most of the youth is on the Internet. In fact, when I was shooting for my film ‘Sui Dhaaga…’ in Chanderi, most televisions didn’t work and there were no cinemas. But everyone had high-speed internet, which is probably how they know me; through my songs and videos on YouTube.

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“Digital India is way bigger than we think and our film industry has woken up to its importance and now uses it to reach out to the masses.”

On his favourite social media personality, he said: “It is ‘The Rock’, Dwayne Johnson. I think we all have something to learn from that man.” (IANS)