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Thursday, March 28, 2024

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Thursday, March 28, 2024

Use of technology in various sectors will make India digitally ready: Sitharaman

Sitharaman said that the government is making sure that India will have at least 75 digital banking units in near future.

GUWAHATI:

Finance Minister Nirmala Sitharaman informed how the government is working towards taking India to the top of the curve in the next 25 years through the use of technology in various sectors and making India “digitally ready”.

Chairing a post-budget interaction with stakeholders, industry leaders and representatives from trade bodies of the Northeastern region in Guwahati on March 10, the finance minister revealed that the government is planning to bring in a technological innovation across various sectors through the “futuristic budget” that aims to digitise work and enhance productivity.

“Digital infrastructure will bring education to the people in far-flung areas of the country in the form of a digital university which the government is planning to set up,” she said.

Speaking about the establishment of digital capabilities, the union minister said that the digital infrastructure will help various sectors like agriculture, medicine and education etc.

During the interaction, stakeholders from trade and industry shared their views and queries with the finance minister.

For the banking sector, Sitharaman said that the government is making sure that India will have at least 75 digital banking units in near future.

In the area of natural farming, the union minister said that the government is enabling better natural farming by use of digital technology and at the same time making it sure to have the better mapping of farmyards. She stressed that use of drone technology can be of great help for the farming sector.

Referring to the Prime Minister’s Gati Shakti initiative, which aims to guide infrastructure, planning, investments and coordination, she said it will expedite growth. Sitharaman, during her interactive session, also said that the finance ministry is going to continue with investment in capital expenditure.

Other dignitaries, who participated in the meeting, included minister of state for finance Bhagwat Kishanrao Karad, Union finance secretary and secretary, expenditure TV Somnathan,  secretary, department of financial services Sanjay Malhotra, secretary, department of revenue Tarun Bajaj, secretary, department of economic affairs Ajay Seth, and chief economic adviser V Anantha Nageswaran, among others.

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