Govt working to free tech business from pointless rules: PM Modi

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In its 29th edition, NTLF, NASSCOM’s technology forum, focuses on the topic of “Shaping the future in the direction of a better normal”. The forum will continue from February 17th to 19th

Speaking to the NASSCOM Forum on Technology and Leadership (NTLF) on Wednesday, Prime Minister Narendra Modi praised the Indian IT industry for the resilience shown during the coronavirus phase and stressed the need for the use of technology in governance.

In its 29th edition, NTLF, NASSCOM’s technology forum, focuses on the topic of “Shaping the future in the direction of a better normal”. The forum will continue from February 17th to 19th.

The Prime Minister said it was the responsibility of the technology industry to provide India with proactive technological solutions to the challenges of the 21st century. He called for solutions for the water and fertilizer requirements in the fields of agriculture, health and wellness, telemedicine as well as education and skills development. He assured that the government is aware that restrictions are not conducive to the development of future leadership and is working to rid the tech industry of unnecessary regulations.

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Modi also urged technology leaders to emphasize Make for India’s impression in their solutions and asked them to consider providing world-class products and leaders in advance of 100 years of independence in 2047. He urged them to establish new products parameters of competitiveness to maintain the momentum and Indian technology leadership. He also emphasized the development of a culture of excellence and institution building.

He stated that the government had full confidence in the startups and innovators and stressed that young entrepreneurs should have the freedom to take advantage of the new opportunities. Steps such as self-certification, the use of IT solutions in corporate management and the democratization of data through Digital India have pushed the process forward. PM even urged start-up founders not to target just reviews and exit strategies. He said, “Think about how you can create institutions that will last this century. Think about how you can create world-class products that set the global benchmark for excellence.”

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PM Modi also congratulated the industry on growing the sector 2 percent and adding $ 4 billion in revenue amid fears of slowing growth. “When the world closed, your code kept things going,” he said.