It is about time that we celebrate our Skill Champions, says Chandrasekhar
Chandrasekhar added that some of this will also be made available for companies coming from outside India
Quantum computing has been gaining pace in recent times as tech leaders look to solve scale related problems that need high computing power
As India prepares to introduce the new data protection bill, Chandrasekhar said that the country will have new rules, regulations and laws rolled out for in the next three-four months
On an average over 90 lakh direct benefit transfer payments are being processed in India daily to send money directly into the account of eligible beneficiaries of government schemes, an official statement said on Thursday. According to data shared by the Ministry of Electronics and IT, on average 28.4 crore digital transactions are performed in a day. "India is today leading the world in digital payments in particular and also becoming pre-eminent country in use of technology to improve citizens lives. Governance - The India stack and other various digital government solutions are now envy of the world's nations. India leads digital and digital leads India thanks to PM Narendra Modi Ji's vision," minister of state for electronics and IT Rajeev Chandrasekhar said in the statement. More than Rs 24.8 lakh crore has been transferred through Direct Benefit Transfer (DBT) mode since 2013, Rs 6.3 lakh crore in the financial year 2021-22 alone; on an average over 90 lakh DBT payments are .
Under PM Kisan Samman Nidhi Yojana, up to Rs 19,000 crore were transferred directly into bank accounts of 95 million beneficiaries in a single day, he added
We expect transparency in supply chains from all players in the ecosystem, minister says
'Non-personal data is the raw material for AI. If you start having a regulator sit on top of it, it will impact the growth of the sector', said Chandrasekhar
Rajeev Chandrasekhar in a written reply to the Lok Sabha said that data within the voter ID database cannot interact with data across databases linked to Aadhaar thereof
UP has the most beneficiaries, with over 10.3 million candidates certified in the past five years. Bihar and MP come next, with 4.2 million and 3.3 million candidates, respectively
Crypto technology as a means of payment is logical extension of fintech companies but challenges lies on its usage as an asset class and an alternative to currency, MoS IT Rajeev Chandrasekhar said
If implemented, the new law will force Big Tech companies to pay digital news publishers a share of the revenue earned via using their original content.
Chandrashekhar added that innovation would grow along with a citizen's right to open a trusted and accountable Internet under the Modi government.
Chandrasekhar outlined the rapid strides taken by India in the field of technology, and informed that the country is designing 5G gear and manufacturing devices that go into making of 5G products.
While unveiling chip giant Intel's new facility in India, Rajeev Chandrasekhar said that by 2025, India's digital economy should reach $1 trillion
Startup entrepreneurs should not get discouraged by detractors and should focus on their mission, said Rajeev Chandrasekhar, Union Minister of State
Chidambaram can suggest that we follow the US economic model. He will say anything and what he has said is his personal view which is a very, very wrong view
'Tactical move by govt in terms of dealing with policy, regulatory challenges'
Virtual private network service provider ExpressVPN announced removal of all its India-based VPN servers, rejecting the directions given by CERT-In
New amendments to social media rules to be finalised before July-end after consultations