This is based on the proposals given by a task force set by the government a year before to suggest measures to stimulate the growth of IT, IT-enabled services and the electronics hardware manufacturing industry. Electronics hardware production rose from Rs 84,410 crore (Rs 844.1 billion) in 2007-08 to Rs 94,690 crore (Rs 946.9 billion) in 2008-09, a growth of 12.1 per cent.
In the statement issued on Thursday, the commission said the violation of any order or directive of the commission is a punishable offence under various provisions of the Indian Penal Code.
The jewellers and companies linked to Nirav Modi and Mehul Choksi had allegedly colluded with PNB officers to obtain fake bank guarantees to get loan from overseas branches of Indian banks including Allahabad Bank, Axis Bank and UCO Bank.
If private players do not come out with student-specific content, the device may take some time to soar.
Quoting a study conducted by the Department of IT in consultation with the National Manufacturing Competitiveness Council, it said that 'an estimated 2.25 million persons would be directly employed in the industry (IT) by 2015 as against 0.77 million in 2007'. Minister of state for labour and employment Harish Rawat told the Lok Sabha that incremental human resource requirement has been estimated to be around 1.5 million persons.
Google will set up its 20-acre campus in Hyderabad, its first in India.
Expressing concern over the approach of total outsourcing by banks, the Reserve Bank of India on Wednesday said outsourcing of certain components should be explored instead of an overall transfer of function.
The IT industry has been crying hoarse over the lack of talent for a long time now and this is now being considered as the biggest threat to India's domination as an IT superpower.
The department of information technology has constituted a committee to review the goals of its technology development for Indian languages programme and suggest appropriate directions.
The government said on Wednesday that it will soon bring in amendments in the existing legislations dealing with the business process outsourcing industry to inspire confidence among investors and silence the detractors.
Indian software and services export is estimated to have touched $17.2 billion in 2004-05, posting a 34 per cent growth in both rupee and dollar terms.
With a view to enhance the use of information technology in government functioning, department of IT will soon come out with broad outlines of the national e-governance plan.
Government has pegged the annual budget of the Department of IT at last year's level of Rs 470 crore (Rs 4.7 billion) for 2003-04 even as DIT scaled down its original demand by over 50 per cent.
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