Budget 2018-19

  Urges them to look beyond valuations and exits, and create world-class products in order to become globally competitive in the field of technology When the chips were down, your code kept things running,” said Prime Minister Narendra Modi, lauding India’s information technology (IT) industry on Wednesday. The resilience displayed by the tech industry amidst the ongoing global crisis was a shining example of “New India,” Modi said, while addressing the opening session of the three-day National Association of Software and Service Companies (Nasscom) Technology & Leadership Forum (NTLF) 2021. “When the whole world was restricted to the four walls of their homes, our IT sector ran their projects with the same commitment and dedication,” he said. Modi, who addressed the industry leaders virtually at the 29th edition of NTLF, also said that while the Indian IT industry had spread its footprints globally long ago, a digital divide continued to exist in the vast domestic market. Call...

  Noting that India imports over 85% and 53% of its oil and gas requirements, respectively, the PM says the country is working to meet growing energy demand and prune imports The Government of India is planning to spend around Rs 7.5 trillion to build oil and gas infrastructure over the next five years, said Prime Minister Narendra Modi.After dedicating the Ramanathapuram–Thoothukudi natural gas pipeline and Gasoline desulfurisation unit at Chennai Petroleum Corporation Ltd and laying the foundation stone for the Rs 31,500 crore Cauvery basin Refinery at Nagapattinam, the Prime Minister said that in 2019-20, India imported over 85 per cent of oil and 53 per cent of gas to meet its domestic demands. “Can a diverse and talented nation like ours be so energy-dependent,” he asked. “It is our collective duty to work towards clean and green sources of energy and reduce energy-dependence,” said the Prime Minister, adding that his Government is sensitive to the concerns of the middle class...