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India: Tech Industry Welcomes the Government’s Vision to Boost Digital Economy

Initiatives to prepare 75,000 skilled entrepreneurs in agro-rural industries through 100 new incubators under ASPIRE scheme

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Tech Industry, Government, Digital Economy
The industry also hailed the attempt to attract technology majors for setting up manufacturing units in areas such as laptop. Pixabay

The tech industry on Friday welcomed the government’s renewed focus on making India a $5 trillion economy by 2025, through investments in infrastructure, digital economy and job creation.

The industry also hailed the attempt to attract technology majors for setting up manufacturing units in areas such as laptop, chipset making and lithium electric batteries.

“Initiatives to prepare 75,000 skilled entrepreneurs in agro-rural industries through 100 new incubators under ASPIRE scheme and training 10 million youth under the Kaushal Vikas Yojana will help create a large pool of skilled manpower in India,” emphasised Sumeer Chandra, MD, HP Inc India.

CP Gurnani, MD and CEO, Tech Mahindra, said the government’s vision of a ‘New India’ will thrive on the confluence of New Age digital technologies, quality education and apt skilling.

Tech Industry, Government, Digital Economy
The tech industry on Friday welcomed the government’s renewed focus on making India a $5 trillion economy. PIxabay

According to Jatin Dalal, Senior Vice President and Chief Financial Officer, Wipro Limited, it is encouraging that the fiscal deficit target has been revised downwards from 3.4 per cent to 3.3 per cent.

“Strengthening PSU banks’ capital and improving RBI’s oversight on the financial sector will likely improve the flow of credit in the economy. A series of measures to enhance capital flows and employment generation are also great steps. Better growth with macro-economic stability will be the ideal outcome,” said Jatin Dalal, Senior Vice President and Chief Financial Officer, Wipro Limited.

According to Kushal Nahata, CEO and Co-founder of logistics-tech start-up FarEye, the government’s focus on building a digital India is again highlighted with its willingness to train people on AI, IoT and Big Data.

“These are key technologies that will transform the supply chain and logistics industry,” he noted.

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The main objective of the budget is to set the groundwork for Prime Minister Narendra Modi’s aspiration of a $5-trillion-dollar economy.

“Arguably, one of the biggest beneficiary of this vision would be the technology industry,” said Suman Reddy, MD, Pegasystems India. (IANS)

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Spying Charges On 2 Ex-Twitter Employees for Saudi Arabia

2 former twitter employees were charged with spying for Saudi Arabia

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Spying for Saudi Arabia
Two former Twitter employees have been charged with spying for the Saudi Arabia government. Pixabay

Raising concerns that American technology firms might be exposed to foreign governments, two former Twitter employees have been charged with spying for the Saudi Arabia government and the Kingdom’s royal family, according to the US Justice Department.

The two former Twitter staffers, Ali Alzabarah, a Saudi national and Ahmad Abouammo, a US citizen, used their access at the micro-blogging giant to gather sensitive and non-public information on dissidents of the Saudi regime, the Justice Department said in a criminal complaint.

The case, unsealed in San Francisco federal court, underscores allegations the Saudi government tries to control anti-regime voices abroad. It also recalls a move reportedly directed by the country’s controversial leader to weaponise online platforms against critics, CNN Business reported on Thursday.

Spying
A US citizen, used their access at the micro-blogging giant to gather sensitive and non-public information on dissidents of the Saudi regime. Pixabay

One of the two people is reportedly an associate of Saudi Crown Prince Mohammed bin Salman — who the CIA has concluded likely ordered the assassination of journalist Jamal Khashoggi in Istanbul last year.

“The criminal complaint unsealed today alleges that Saudi agents mined Twitter’s internal systems for personal information about known Saudi critics and thousands of other Twitter users,” US Attorney David Anderson said in a statement.

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Another man, named Ahmed Almutairi, who is also from Saudi Arabia, allegedly acted as a go-between to the two Twitter staffers and the Saudi government, which according to the complaint rewarded the men with hundreds of thousands of dollars and, for one man, a luxury Hublot watch, the report added. (IANS)