India a more confident nation, can be seen on our border: PM Modi
New Delhi, Feb 17: When chips were down, Indian IT industry's code kept things running, did wonders during pandemic, Prime Minister Narendra Modi said.
In the past, Indian IT could not take advantage of domestic opportunity and digital divide kept widening, the Prime Minister also said. The PM was addressing the NASSCOM Technology and Leadership Forum.
In a major move, policies regarding mapping & geospatial data have been liberalised for the industry. This step will empower our tech start-up eco-system & further our Aatma Nirbhar Bharat mission.
Our heavily cash dependant society is now transforming into a cashless economy, the PM also said.
There was a time when we were dependent on other countries for smallpox vaccines. Today we are providing other countries with Made in India vaccines to fight the pandemic.
In order to make India the global technological leader, we have to create world class products that are Made in India for the world, the PM also sad. Our government with its new policies is working towards minimum government and maximum governance, PM Modi also said.
The PM also said that the improvement in digital technologies has reduced black money problems. In a short period of time, we have shifted from being a cash economy to a less cash economy.
The startup founders should think how they can create institutions and not focus on valuations alone. India is not short of ideas. It needs mentors to help turn ideas into reality, the PM also said.