Express Computer
Home  »  Videos  »  Weekly WrapUp  »  Weekly Tech News Roundup – February 2020 Week 1 | 04 Feb 2020

Weekly Tech News Roundup – February 2020 Week 1 | 04 Feb 2020

A Roundup of the weekly tech news and updates brought to you by Express Computer and CRN India

0 234

This week’s wrap is a budget special covering all proposals and allocations made by Finance Minister Nirmala Sitharaman for the IT sector. Going by the Finance Minister’s words, she said that the Union Budget is to boost the income of people and enhance their purchasing power. Adding the fact that the proliferation of new technologies like Artificial Intelligence and Machine Learning is at the backdrop of Union Budget 2020-21.

Here are your takeaways:

5 new smart cities to be set up

  • Developed by state
  • Private partnership mode

Rs. 8000 crores allocated for quantum technologies

  • Under ‘National Mission’ over 5 years
  • Implemented by the Department of Science and Technology

Government e-Marketplace (GeM)- an online marketplace

  • Single platform for procurement of goods, services, and works
  • To become more than Rs. 3 lakh crore market

Policy for Data Centre Parks throughout the country

  • Allows private sector to build data centre parks
  • Inviting for foreign investment in all sectors

Domestic Manufacturing of Electronic Devices

  • Under Make in India initiative, manufacturing of electronic devices encouraged
  • Boost the domestic manufacturing sector and attract foreign investment

BharatNet gets 6000 crores to boost internet connectivity

‘Ayushman Bharat’ scheme to eradicate TB with AI and ML

‘Nirvik’ scheme for ‘digital refund’ of duties to exporters

Degree level Online education to be offered by 100 institutes

Support for R&D, technology upgradations and business strategy

Read in detail:
https://www.expresscomputer.in/news/budget-2020-what-finance-minister-offers-the-technology-industry/46070/

https://www.expresscomputer.in/news/budget-2020-finance-minister-highlights-the-role-of-technology-across-sectors/46073/

You can also watch the above video on YouTube here

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 

Stay updated with News, Trending Stories & Conferences with Express Computer
Follow us on Linkedin
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image