Speed Post News Network
New Delhi : Prime Minister Narendra Modi on March 2, 2022, addressed seventh webinar in the series of post-budget webinars to consult and encourage stakeholders to fully implement the themes of the budget in a time bound manner. “This is a collaborative effort to ensure how, in the light of budget, can we implement the provisions quickly, seamlessly and with optimum outcome,” Modi said explaining the rationale behind these webinars.
The Prime Minister emphasised that for this government, science and technology is not an isolated sector. In the field of economy, the vision is linked with areas like digital economy and fintech. Similarly advance technology has huge role in infrastructure and public service delivery related vision. “Technology for us is a medium to empower the people of the country. For us, technology is the mainstay of making the country self-reliant. The same vision is reflected in this year’s budget as well,” Modi said.
He talked of US President Biden’s latest address to underline the importance of Aatmnirbharta saying the developed countries like the USA are also talking about this. “In the light of emerging new global systems, it is critical that we move forward with a focus on Aatmnirbharta,” he said.
Modi highlighted the Budget’s emphasis on sunrise sectors like Artificial Intelligence, Geo-spatial Systems, Drones, Semi-conductors, Space technology, Genomics, Pharmaceuticals and Clean Technologies to 5G. He said that the Budget lays down a clear roadmap for 5G spectrum auction and PLI schemes have been proposed for design-led manufacturing related with a strong 5G eco-system. He asked the Private sector to increase their efforts in this area.
Referring to the dictum ‘Science is Universal and Technology is Local’, Modi said, “We are familiar with the principles of science, but we have to emphasise on how to make maximum use of technology for the Ease of Living.” He mentioned investment in house constructions, railway, airways, waterways and optical fibres.
Noting the expanding global market for gaming, the Prime Minister said that the budget has focussed on Animation Visual Effects Gaming Comic (AVGC). Similarly he also stressed the need to have toys adapted to Indian milieu and needs. Stressing the centrality of communication centres and fintech, Modi asked for indigenous ecosystem with less foreign dependence for the both. He also exhorted the private sector to take maximum advantage of change of rules for the use of geo-spatial data and the infinite opportunities that have emerged due to the reform. “The world has seen our reliability from our self-sustainability in vaccine production at the time of Covid. We have to replicate this success in every sector,” Modi said, according to a PIB release.
Referring to the third largest startup ecosystem, i.e. Indian startup ecosystem, the Prime Minister assured the sector of full support from the government. “A portal has also been proposed for skilling, re-skilling, and up-skilling of youth in the budget. With this, youth will get the right jobs and opportunities through API based trusted skill credentials, payment and discovery layers,” Modi stated.
The Prime Minister also spoke about the Rs 2 lakh crore worth PLI schemes in 14 key sectors to promote manufacturing in the country. He gave a clear direction to the stakeholders to provide practical suggestions in the areas like use of optical fibres in the citizen services, e-waste management, circular economy, and electric mobility.