SME Times is powered by   
Search News
Just in:   • White paper on black money tabled in LS  • Rupee slips to a record low of 55 against a dollar  • Myanmar economy set to boom: Report  • IT industry seeks clarity on software exports: Murthy  • Sensex closes flat on weak rupee 
Last updated: 21 Oct, 2011  

KapilSibal.THMB.jpg 'New policies for IT, telecom and electronics will spur growth'

IT.jpg
SME Times News Bureau | 21 Oct, 2011
The new policies for the telecom, information technology (IT) and electronics sectors would usher in a new phase of growth and add millions of jobs, Communications Minister Kapil Sibal said on Thursday.

"The three policies together aim to ensure that information communication technology equipment (ICTE) permeates to all aspects of society, business, governance, finance and other aspects of modern life," Sibal said while addressing the Economic Editors Conference in New Delhi.

The policy on IT targets revenue of USD 300 million from the industry, creating 10 million additional skilled manpower, providing mandatory and affordable e-government to the common man and forming a regulatory framework for a secured cyber space by 2020.

The National Telecom Policy (NTP), 2011, aims to introduce nation-wide mobile number portability and roaming, one licence across services and service areas and access to broadband.

"We will try to get the cabinet permission this year and start implementing the (telecom) policy from as early as next year," he said.

The national policy on electronics manufacturing targets to achieve, by 2020, a turnover of USD 400 billion, employment to 28 million people, turnover of USD 55 billion in chip design and embedded software industry and setting up of 200 electronics manufacturing hubs per annum. 
 
Print the Page Add to Favorite
 

Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

   Top Stories
» Rupee slips to a record low of 55 against a dollar
» Experts welcome SIDBI fund for service sector start-up SMEs
» Forex reserves drop by USD 1.37 billion
» Amid global woes, exporters seek more support
» Rupee crisis a great concern: Pranab
 
  Commented Stories
» Credit rating can help SMEs in more ways than one(20)
» Exporters need push, not pull(10)
» SME Conclave – awareness on SME stock exchange(6)
» Share of MSME sector in GDP to touch 10 pc: Ashok Chawla(6)
» Yamaha records domestic sales growth of 53 pc(3)
  Customs Exchange Rates
Currency Import Export
US Dollar
53.10
52.25
UK Pound
86.00
84.15
Euro
70.35
68.70
Japanese Yen 65.50 63.85
As on 21 May, 2012
  Daily Poll
Do you think RBI's deregulation of export credit interest rate in foreign currency will affect exporters?
 Yes
 No
 Can't say
 
 
 
 
About Us  |  Contact Us  |  Feedback |  Success Stories |  Tradeindia in News  |  Get Listed | 
Sitemap  |  Terms of Use |  Useful Links |  Trade Bodies