Technology generating more jobs: Prasad

Press Trust of India  |  Panaji 

New technology is not causing job loss but is rather creating more jobs, Union IT Ravi said today.

"In the IT industry, close to 40 lakh people work directly and if you see indirectly it is about 1.25 crore people who are employed in it," the said while addressing the IT Day event in the presence of Chief

He cited a report to state that around six lakh jobs are getting created only in the conventional IT industry.

He expressed confidence that the new digital eco-system will only create jobs.

"....The whole world is looking at with a hope. There I got to salute extraordinary potential of Indian IT giants," he said.

Speaking about the IT revolution, said that 91 BPOs are now operating in 27 cities since the came up with a scheme for BPOs in rural areas in 2015.

"Whenever I visit them, I see boys from rural area are working in these BPOs," he said.

Recalling his conversation with Narendra Modi, Prasad said, "One asked me: 'there are so many mobiles in the country but how many of them are actually manufactured in India'? After that I found that there were only two factories in the country".

Presently, there are 120 factories in the country, the minister said.

"Only a fortnight ago, the launched the expanded capacity of at Noida. In all, 1.10 crore would be manufactured every month in that factory," he said.

Prasad said of has risen to almost 20 crore handsets per annum.

"The revenue has also gone up to Rs 1,32,000 crore," he added.

He said the country would become a leader not only in the field of the mobile electronics, but also in areas like and

Prasad said can become the hub of electronic manufacturing industries.

"Goa, because of exotic location and soft power, can become a good centre of In mobile manufacturing alone five lakh people are working in I will be the happiest (person) if Goa becomes a hub of electronic manufacturing," he said.

Prasad said the number of downloads of BHIM (Bharat Interface for money) mobile application went up to three lakh per day in April this year compared to 4,000 downloads when the app was launched on November 8, 2016.

The minister said the quantum of transactions through BHIM App increased to Rs 24,117 crore in March this year from Rs 5,325 crore in September 2017.

The had last week approved Information Technology policy 2018 which focuses on reverse migration and creation of around 10,000 jobs in the next five year.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, July 15 2018. 16:45 IST