The Union Government of india

The Union Government of india will soon roll out an Electronics Policy aimed at electronics production target of USD 400 billion by year 2020, a top Government official said today. "The proposed policy will give equal importance to electronics manufacturing as is given to software exports, so that this segment of the Information technology industry gets a boost and it supplements and complements overall exports from the country. The policy deliberations are at an advanced stage and hopefully it will be finalised shortly," said Mr.J.Sathyanaryana, Secretary, india Union Ministry of Communications andInformation technology. Mr.J.Sathyanaryana was speaking at the inaugural function of Indiasoft 2012 - a three-day international Information technology exhibition and conference that began here. Mr.J.Sathyanaryana said the policy would mainly focus on five areas - creation of an enabling eco-system for manufacture of electronics, thrust on exports, stress on human resource development for meeting the industry's needs, improvement in quality standards and cyber security.

The Information technologyturnover in terms of both domestic and exports is likely to touch USD 90 billion in the current fiscal, the official said. The Government spending on e-governance is increasing and so far USD 8 billion has been committed for this purpose, which in turn could create many gainful employments in the Information technologysector, Mr.J.Sathyanaryana stated. "The Government's plan was to move towards a paperless society and in this regard the ministries' working will be digitised. Already, inidan Corporate Affairs Ministry has become paperless. "Twenty-eight mainline databases are being set up in different parts of the country and 1,500 educational institutions are going to be linked to make access to information and knowledge easier," Mr.J.Sathyanaryana added.

Source: The Financial Express