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How Cryptocurrency is beneficial and risk is huge

 

In the pandemic period, cryptocurrency has created a distinct identity in the asset class. According to English NewsPaper, the two most popular cryptocurrencies at both the level of trading volume and market capitalization are Bitcoin and Ethereum. Since January, bitcoin prices have risen by around 141 percent, while ethereum prices have risen by over 250 percent. Both cryptocurrencies are at a three-year high. Cryptocurrency is digital storage of a quantity. These coins are digitally stored separately from physical currency (rupee, dollar, etc.) and are not operated by any central bank. A coin can be divided into several parts, and each part is defined by its unique code. The veracity of each cryptocurrency transaction is tested on the blockchain and it is seen whether the corresponding coin is available in the given wallet. It is also examined whether one coin was displayed in two transactions.

But cryptocurrency has its own risks. By Today Lucknow News Special Task Force arrested three people here for online and cryptocurrency fraud. Although the private and public keys related to the cryptocurrency wallet are different and use the SHA-256 encoding technology, your cryptocurrency is in danger if the hacker somehow finds your private key. Hence the risk in cryptocurrency transactions is also very high. Bitcoin is a very popular currency for cybercriminals, due to which its image continues to be questioned. However, one of the advantages of this is that if you remember private and public keys, then you can transact in cryptocurrency even without any electronic or physical records. Crypto is used quite a bit in common transactions. But they are quite useful for cross-border transactions. They facilitate cross-border transactions free of governmental controls while keeping transaction expenses to a minimum. Buying bitcoins in rupees and selling them in US dollars has become a common method of rupee-dollar exchange. Some nations, including large economies such as Japan and Korea, have allowed cryptocurrencies to be used as business transactions. At the same time, some countries have also banned them. In many countries, the legitimacy of cryptocurrency is in the gray area or they are being considered as tomorrow and commodity. Like any art, crypto may have little intrinsic value but may be priced too high depending on demand.

 

 

The Reserve Bank of India had imposed a banking ban on cryptocurrency transactions, which was lifted by the Supreme Court in March 2020 according to . One can transact cryptocurrency in Indian rupees on many exchanges. However, Latest India News is it is also possible that the cryptocurrency business may be banned again in the future through legislative action. If you trade in cryptocurrency then you should be prepared for it. Apart from regulatory and digital risk, volatile prices are also a concern. The daily price fluctuations in cryptocurrency are higher than those of stocks, derivatives, and foreign exchange. This is because any factor that affects the price is not fundamental. Their prices are fixed according to the demand and supply, in which the public sentiment created through news also contributes. Since the year 2015, there is a difference of more than 5 percent in the maximum and lowest prices of bitcoin on daily basis. The difference in cryptocurrency prices based on location is also seen. Therefore arbitrage is quite common on exchanges when there is a high price differential. Apart from this, the speed of verification of any transaction is slow at the moment. Blockchain verification of high-volume transactions currently takes a long time (a few minutes or a few hours). But this is less than the time (2-4 days) it takes for cross-border physical currency transactions.

Given all the risks, the question arises as to why transact in cryptocurrency? The potential return in cryptocurrency is quite high. Cryptocurrency has been highly profitable during times of crisis. In times of uncertainty, cryptocurrencies have been as effective as gold for investment.

In fact, after the 2008 subprime crisis, an unknown person or group of individuals named Satoshi Nakomote gave birth to the concept of bitcoin and during the global financial crisis of 2011-12, its expansion was accompanied by a sharp rise in prices. Cryptocurrencies prove to be profitable whenever the time comes for geopolitical tensions or financial turmoil. For example, there was a sharp jump in cryptocurrency prices after demonetization in India.


So will the global uncertainty continue in 2021?

It is much more likely that this will happen. Although there are reports about vaccine development, but vaccination of 7 billion people will take a long time. The global economy is in turmoil. Geopolitical crises are also visible such as Brexit, power transition in America, Syria, Ukraine vs Russia, Poland and Hungary vs EU, India-China, etc.

It may take about two years or more for the global economy to take its shape. Cryptocurrencies can provide net profit, although prices may fall moderately at times. If you are comfortable buying an artwork as an investment, then crypto can give higher returns with equal risk.

 

 

 

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12 year of 26/11 and cyber Terrorism

 

More than 12 years of 26/11 in which 10 Pakistan-based Lashkar-e-Taiba (LeT) terrorists breached security barriers to lay a three-day siege on Mumbai, hitting various locations in the country’s business capital, killing 166 people, and injuring more than 300, India has yet to address gaps in its internal as well as cybersecurity apparatus.


Tomorrow’s terrorist may be able to do more damage with a keyboard than with a bomb – National Research Council

Cyber Terrorism in simple words means doing unlawful things, though the internet for political purposes, to create hate in the minds of people. Any act which is done through cyberspace to create a threat in the minds of the people or to breach the sovereignty, unity, or integrity of a country, or to provoke people or a group of people against the government. Creating panic or alarm through attacking information system of a country. Cyber terrorism can be defined as electronic attacks from cyberspace from both the internal and external networks, particularly from the Internet that emanate from various terrorist sources with a different set of motivations and are directed at a particular target.


Terrorism is spreading all over the world and it is the greatest threat in today’s society, Cyber Terrorism is vast spreading. We live in a dangerous world where terrorism gone beyond the Bodily injury It’s a dangerous and spreading threat to virtual reality.

 

Terrorist groups are making effective use of technology, social media, and other innovative tactics not only to evade arrest and prosecution but to disseminate their propaganda and recruit foot soldiers. For instance, Al-Qaeda’s websites carry manuals on how to construct explosive devices. Social media also provides anonymous avenues for terror groups to communicate with each other. During the 26/11 Mumbai attacks, all the 10 terrorists involved, were in constant communication with their handlers in Pakistan through satellite phones. Those handlers in Pakistan, in turn, were using the Live Breaking News television coverage of the state response to pass on messages to the terrorists, almost in real-time.

 

 

The impact of social media on the spread of terrorism can be seen in the conflict in Kashmir, where there is a growing trend of increased radicalization, especially amongst the youth.

There has been an increasing trend towards cashless modes of financial transactions in recent years. This is amongst the Indian government’s policy priorities, like Cashless India, Digital India, etc. The increasing dependence on technology for governance, delivery of services and financial transactions will bring in transparency, swiftness, and increasing accessibility to services. It also brings its own set of vulnerabilities.the digital domain has become a target for India’s adversaries in the last few years.Many other countries are also grappling with the threats posed by state and non-state actors by using technology-driven information warfare. The multiple challenges emanating from the cyber domain include interference in elections through the use of propaganda in social media, fake Latest news leading to panic, and digital disruption of energy assets and transportation systems.

 

To ward off these threats, India should build robust systems to ensure uninterrupted and safe operations of the country’s digital infrastructure. According to Today Lucknow Newspaper, Some states have already initiated concerted steps to ramp up their cyber capabilities.Tackling these cyber challenges will require a great deal of coordinated effort as well as innovative approaches at the inter-agency level. To begin with, it is imperative to address the structural and organizational issues pertaining to the country’s cybersecurity apparatus. The challenges are enormous, and greater financial investments are needed.

Cyber Terrorism is the biggest threat which is spreading on a global scale which is required to take care by whole globe as a one unit. It is becoming bigger threat with development of technology; the more world will depend on digital world more vulnerable it will become. Every day new technology has been introduced with the introduction of new technology new threat is been created. As compare to increasing cyber terror the security for that threat has not been introduced we are lacking behind in making of cyber space a secure place. It is the biggest question of security even for the biggest countries of the world.

 

 

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Digital India & Cyber Crime

 
 Digital India may have become a soft target for criminals as the country recorded a huge increase of 63.5 per cent in cybercrime cases in the year 2019, showed the National Crime Record Bureau data. The NCRB's data stated that 4,4546 cases of cybercrimes were registered in 2019 as compared to 28,248 in 2018. 
 
According to Lucknow Newspaper Data from the National Crime Records Bureau (NCRB) has revealed that Uttar Pradesh accounted for the maximum number of economic offences in 2018. While the state recorded 22,822 cases of economic offences, Rajasthan was a close second with 21,309 such cases. The data showed in 60.4 per cent of cases, registered fraud was the motive followed by sexual exploitation (5.1%) and causing disrepute (4.2%).
 The data comes at a time when India’s probe agencies – the Enforcement Directorate and the Central Bureau of Investigation – are investigating some crucial cases pertaining to economic offences, including the Rs14,356 crore Punjab National Bank scam, the INX Media case, as well as the ICICI Bank-Videocon Industries case.
  
 
  
 The Information Technology Act- 2000, lays down the provisions regarding cybercrimes and the penalties there off. An amendment was made in 2008, with a special focus on Information Security. However, not all cybercrimes are covered under IT Act, with crimes related to forgery, threat, misappropriation etc have provisions under the Indian Penal Code (IPC).
 Despite the tall claims by the Yogi Adityanath government in Uttar Pradesh on the improving law and order situation, the new age crime - ransomware - seems to be growing in the state. By Latest Today News in NCRB report, out of 1,218 cyberattacks involving ransomware, 1,136 took place in Uttar Pradesh. Notably, there is a 400% rise in such cases across the country as compared to the 2017 numbers. In 2017, there were just 300 such cases countrywide, though UP had still the highest 245 cases involving ransomware then. Ransomware is a type of malicious software designed to block access to a computer system until a sum of money is paid.
 Even the states considered to be information technology hubs, like Karnataka and Andhra Pradesh, are nowhere close to UP. While Andhra Pradesh has zero such cases registered in 2018, Karnataka has seven. The only state that comes next to UP is Jharkhand with mere 51 cases. Nevertheless, Karnataka still tops the charts when it comes to non-ransomware cyberattacks.
  
 According to Up News Live by a senior police officer in UP's cybercrime cell, "Computer illiteracy combined with negligence is the primary cause of ransomware attacks."
  
 Good anti-virus software and not falling prey to attractive but unauthentic lucrative baits in the form of cash rewards are some of the safeguards. Besides, there are times when small firms or individuals attach their backup data to the internet by plugging devices into their systems. Such data is always vulnerable to ransomware. But considering the size of the state and its population, 1,136 is still a minuscule figure when compared to the way people throw caution to wind."
  
 
  
  
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Digital Service and rural development in India

 Today, apart from lack of internet access in the country especially in parts of Uttar Pradesh, people are not able to use online services such as Latest Lucknow News. Lack of smartphones, lack of mobile towers in remote areas of the country, limited availability of broadband in the country are reasons. In such a situation, it is more challenging to materialize the dream of 100 percent digitization in the country. 
 The scheme launched as National Optical Fiber Network (NOFN) in the year 2011 was recognized in the year 2014 as BharatNet. But this plan could not be materialized. However, in order to make the scheme a success, the Telecom Ministry formed a company called Bharat Broadband Network (BBNL) in 2012. The job of this company was to manage, establish, and operate the BharatNet plan. At that time the goal of this scheme was to connect more than 2.5 lakh gram panchayats across the country. Now the government wants to empower the villagers by expanding this scheme.
 Addressing the nation on August 15, Prime Minister Narendra Modi had talked about connecting six lakh villages with an optical fiber network within a thousand days. This means that broadband access will be provided in rural areas through optical fiber during this period. Under this, each gram panchayat will be provided with a bandwidth of at least one hundred megabytes per second.
  
 
  
 This will make it easier to start online services in every panchayat. The biggest advantage of connecting villages with optical fiber networks will be that every villager will have access to Uttar Pradesh News Live for better e-governance, e-commerce, e-education, e-banking, e-health services.
 Today electricity is available in most rural areas. Therefore, it is easy to implement this scheme. The condition and direction of education have changed radically due to the Corona Pandemic. Children of villages are also getting online education today. After the release of the Corona Pandemic, smart schools can be started in schools in villages with the help of an optical fiber network.
 The Union Cabinet had recommended in January this year to implement the second phase of the optical fiber network scheme. The total budget of this scheme is Rs 42,068 crore, out of which Rs 18,792 crore will be spent in the second phase. At present, eight states have decided to implement the scheme, while states with complex geographical regions will implement satellite-based models. The second phase was planned based on the report of the NOFN panel in 2015, Which will be embodied by the government, private sector, and public sector undertakings. In this, people like optical fiber, radio, and satellite should be used to connect people to the Internet. Apart from this, Wi-Fi technology will be resorted to ensure the reach of the last phase, so that the convenience of the internet can be found smoothly everywhere at home and office.
 There is no doubt that the realization of the NOFN scheme will increase the demand for data. This will also help in the development of agro-based industries in the rural area, as it will facilitate connectivity between farmers and industrial owners. According to one estimate, there may be a big jump in data consumption in the next two-three years. Data consumption in rural areas of India has more than doubled during the Corona epidemic. This round of growth is going to continue. India's total data consumption is projected to double by the year 2025 and monthly consumption per consumer of data is estimated to reach 25 GB.
 With the increasing trend of villagers towards digitization, they will be able to increase their business with Latest Today News. The completion of information and education in rural India will create more employment and entrepreneurship opportunities for the villagers, which will open the way for the economic growth of rural areas. According to data released by the Telecom Regulatory Authority of India (TRAI), by May this year, the number of broadband subscribers across the country had reached 68.37 crores. Five major service providers, including the state-owned telecom company Bharat Sanchar Nigam Limited (BSNL), hold 98.93 percent of the market. India also has the substantial domestic capacity to manufacture optical fiber, but Indian companies are dependent on foreign companies for 4G equipment. However, Indian companies are confident that they can achieve the capability of producing 4G devices in the next two years.
 The international body Mary Meeker released a report on Internet usage in 2019, according to which India is the most used Internet after China. America ranks third in this case. The report states that around 3.8 billion people worldwide are using the Internet. According to the April data of this year, China has thirty-five million Internet users, while in the US, this number is around 300 million. India also ranks second in terms of using the online market.
 China occupies the first place. This is the case when Internet penetration in India is only between forty percent of the population. Internet penetration in China is between sixty-one percent of the population, while in the US it is eighty percent. Internet penetration in the metros of India is between sixty-five percent of the population, while the number of active internet users is only thirty-three percent of the total population. Active Internet users are those who use the Internet at least once a month.
 In the global context, India accounts for twelve percent of the total internet users in the world, a big reason being that private companies are providing mobile data free of cost to consumers first and then at a cheaper rate. According to a report released in November 2019 by the Internet and Mobile Association of India and Nielsen, there were approximately 23 million Internet, active consumers, in rural areas of India, In the remaining cities, the number of active internet users is 21 million. The number of people using the Internet is very small compared to the total population of India. But this number has been increasing for the last five years.
 In the remaining cities, the number of active internet users is 21 million. The number of people using the Internet is very small compared to the total population of India. But this number has been increasing for the last five years.
 The Corona epidemic has increased the importance of digitization in an unprecedented way. Today, people are doing banking transactions, shopping, consulting doctors,s, etc. through video calls. In such a situation, if the plan to connect rural areas with optical fiber network is successful, then the doors of development in rural areas will be fully opened. "
  
 
  
  
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How Corona era evolve Digital India

 
 With the increasing use of internet and computers, it was being predicted that the coming time would be different from its traditional form, which was reflected in the use of Digitaly intelligence in our everyday work, but the Corona Era changed the human civilization. Turned the picture into the Latest News shock. 
  
 Such a big change in human civilization probably came only after the discovery of fire, water and wheels earlier. Then the Internet changed the picture and many revolutionary events took place in the society and online came, but still many people were away from the Internet because they had traditional options for those works.
 In fact, the prevalence of the Internet has reduced the difference between home and office to a great extent. Many old jobs will be past forever, while many new sectors will create employment in which only computers and the internet will rule. In circumstances when many workers working from home are waiting to return to normalcy, many of them will no longer be able to return to their traditional offices. Are we moving fast towards the Digital India future? Will it be the new normal ie New Normal? These are some of the questions for which thinkers from all over the world are engaged in finding answers.
  
  
 
  
  
 The changes happening now are inevitable because even though the corona ends, the entire human civilization will prepare for this kind of epidemic in the future. We may not be able to see the changes happening around us, but in the last eight months, a lot has changed in our lives forever. As we are adapting to work from home, our dependence on email, chat, and video conferencing is increasing, video calling is no longer for work, but for work. Not only business, IT sector, other companies, the common man is also giving more importance to video conferencing and online work. It is not only effective for limited physical contact in response to the corona epidemic but is also shaping new ways of working.
  
 In the coming years, the expenditure on travel for work will be very less and it will change our work culture very fast while saving time and money on traveling with the app. A major social impact of work from home may be that gender discrimination in employment with women will be less, as it is believed that women are difficult to hold in emergency situations until late at night.
  
 Hospitals and healthcare institutions are also changing in the country, which is gaining momentum in the Corona era. Now e-consultancy is a virtual consulting reality that is being done through audio and video conferencing tools. The Government's Telemedicine Practice Guidelines give legal form to doctors in remote areas of the country to deliver their services through the Internet which has been released on March 20 according to Uttar Pradesh News.
  
 This method of medicine will benefit people not only in this time of crisis but also in the future. Doctors and patients will be able to connect to digital platforms instead of in-person visits, which will reduce unnecessary congestion in hospitals and patients will reach hospitals for treatment of serious diseases. The corona epidemic is a crisis that has posed a challenge to medical scientists as well as other scientists so that we will see changes in all areas of science.
  
 India is on the tip of innovation and is going all guns blazing to digitize the citizen-centric services. One of the greatest challenges testing this collective vision will be to prudently channelize gains, to refine the standard of living of the poorest of poor.
  
 As par Latest Lucknow News,In rural areas, there are disputes over land, barn as well as occupation of land. If the village map, Khasra-Khatouni and other figures are digitized, then there will be no dispute in the villages and towns. Therefore, all the records should be digitized.
  
 
  
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Digital India and New Transparent taxation platform

 

To increase the trust of taxpayers towards the central government, Prime Minister Narendra Modi has made a new announcement for honest taxpayers. The Central Board of Direct Taxes has recently taken a number of steps to improve the functioning of the Income Tax Department and bring transparency.

On 13 August 2020, PM Modi launched the Transparent Taxation Program (Transparent Taxation System – Honoring the Faithful) which comes under his Digital India vision. According to E NEWS PAPER this, 3 facilities have been introduced, which are Faceless Assessment, Faceless Appeal, and Taxpayers Charter. The Faceless Assessment and Taxpayers Charter has already come into force, while the Faceless Appeal will come into effect from September 25. Efforts are being made to strengthen honest taxpayers through this new system.

 

 

 

 

Understand Faceless Assessment?

Faceless should not mean anything about who is the taxpayer and who is the income tax officer. Earlier, the income tax department of the city used to investigate, but now an officer of any state or city can investigate anywhere. All this will also be decided by computer, who will do it in tax assessments. Even the officer who came out of the assessment will go to anyone, it will not be known. The biggest advantage of this will be that there will not be any manipulation to create identity and pressure from the Income Tax authorities.This will also prevent unnecessary litigation. It will be a problem for those who used to follow wrong methods and did not pay taxes.

 

What is Faceless Appeal?

PM Modi has also talked about introducing faceless appeal facility under the transparent tax system, which will come into effect from 25 September 2020. Under LATEST TODAY NEWS, taxpayers will be able to appeal. Being faceless means that no officer will know who is the person who appeals. If everything is decided by computer, a case or appeal cannot be sent to a loved one. When it starts from September 25, more information about this will also be shared by the government.

 

What does a taxpayer charter mean?

PM Modi has called the Taxpayer Charter a major step in the country’s development journey. He said that this is a step to balance the rights and duties of the taxpayer. There are very few counted countries that give this level of respect and protection to taxpayers and now India too has joined it.Therefore, more awareness is being expected.


PM Modi said, “The honest taxpayer of the country plays a huge role in nation-building. When the life of the honest taxpayer of the country becomes easy, it moves forward, the country also develops, the country also moves forward.” PM Narendra Modi said, “Even though the tax system is becoming Digital, it is giving taxpayers confidence of fairness and fearlessness. The platform has major reforms like Faceless Assessment, Faceless Appeal, and Taxpayers Charter.”

Digital India program is an initiative of the Government of India towards enriching India. Its main objective is to set a new record in the field of science and technology in the country. By this, the only goal is to empower the country digitally. In the present era, today the same country is ahead which has made science and technology the medium of the progress of its country. Often there are consultations about its merits and demerits.

 

 

 

 

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What is Internet of Things and how it helping Digital World

 

IoT or Internet of Things is the LATEST NEWS word these days. Do you have any idea what it means? In simple words, it refers to a virtual internet connection from things, people, and almost everything you see around. Everything in our surrounding environment is allowed to communicate with each other without any human intervention.

India is on the tip of innovation and is going all guns blazing to digitize the citizen-centric services. One of the greatest challenges testing this collective vision will be to prudently channelize gains, to refine the standard of living of the poorest of poor. We just need to put a series of interconnected devices exchanging information with one another into any digital channel, and the benefits of urban amenities will become accessible to all citizens. This is precisely the purpose which the concept of the Internet of Things (IoT) serves.

 

 

 

KPMG, an auditing and consulting company, has created last year a media and entertainment industry (M&E) 11th edition report. The report, launched with the title ‘India’s Digital Future: Mass of Niches’, predicts growth in the digital media sector in the country by the year 2030. The report covers the industry’s performance in various segments as well as key themes and elements that play a key role in growth.

According to the report, the country’s TV and ENGLISH NEWSPAPER media and entertainment industry has witnessed 13 percent growth during the financial year 2019 (FY19) and has reached Rs 1,63,100 crore with a CAGR of 11.5 percent over the year 2015.

The report says that digital has increased continuously when we look at all segments of the media and entertainment industry. Digital advertising and gaming have gained momentum with the disruption of TV and print. The digital world is emerging as the second-largest segment in the country after TV and is also attracting a large number of advertisers. There are two major reasons behind the speed of digital in the country. One is the decrease in internet data prices with the increasing number of smartphones, Second, digital content is also being supplied, i.e. investment in original and regional digital content is also increasing.

 

Rural India can benefit from the trickle-down effects of the country’s thriving digital economy through the smart connectivity of devices. IoT can penetrate our cottage Industry, and open gates for the local or traditional products by linking them to our e-commerce industry. IoT holds immense relevance for our rural ecosystem that is gaining strength from flagship schemes like Jan Dhan Yojana which attempts to push the boundaries of financial inclusion by making the basic banking services tangible for the poorest of poor. Opening a bank account is one thing but to make a remotely located individual access that account without any locomotion hassles is something that IoT can achieve with ease. Banks are now paving way for business correspondents who travel to the remotest of areas to let people avail of the basic banking services through smart devices such as mobile ATMs or card readers. These devices are seamlessly connected to the back offices of banks. IoT focusses on a smart interpersonal communication to avail urbane amenities over a vast network of connected things, from the comfort of home. This makes it a potential deterrent for the rural to urban migration that is flooding the urban milieu with ill-functioning slums.

 

  • IoT is bound to revolutionize our obsolete farming methods by facilitating a network of smart devices to gather real-time INDIA NEWS information on weather, the pH level of soil, and fluctuating market price of a specific crop. This information can then be sent to mobile phones via cloud technology.

 

  • IoT has the potential of ushering in an era of impeccable energy management by making way for smarter grids to cut down our transmission and distribution losses. Such losses account for nearly 23 percent of the electricity generated. IoT can enable a network of carbon-emitting devices that can be accessed from a remote location so that users can turn off or turn on such devices at will. Such devices can inform users about the technical faults with electric circuits through real-time alerts, and also throw light on their energy consumption patterns.

 

  • IoT is playing a crucial role in the resurrection of our ruptured healthcare sector which is dented with overcrowded hospitals. Through a telecommunication infrastructure, a thorough diagnosis can be done by a specialist from a remote location and medication can be prescribed based on the medical data recorded by smart devices.

 

With the Government of India to be really optimistic about the Digital India program, IOT which will definitely be a valuable cog in the wheel of the digital infrastructure of the country. It will take great effort to make a variety of digital channels developed infrastructure is accessible to the large population.

 

 

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5 Year of Digital India and PM Modi “Atmanirbhar Bharat Abhiyan”


On the completion of 5 years of India’s “Digital India” program, the Union Minister of Electronics and Information Technology has said that the digital journey has focused on empowerment, inclusion and digital transformation and its positive impact can be felt in all aspects of the lives of Indian citizens.


key points:

1)  On this occasion, the Minister of Electronics and Information Technology, while describing the achievements of JAM Trinity- Jan Dhan, Aadhaar and Mobile, said that in the COVID-19 pandemic also, due to the Digital India program, people can work from home; Making digital payments; Students get education from TV, mobile, laptop; Patients are able to take tele-counseling and farmers in remote areas of India can directly avail the benefits of PM-KISAN scheme in their bank accounts.

 

2) Digital India program led to Aadhaar, Direct Benefit Transfer, Common Service Center, DigiLocker, Mobile Based Umang (UMANG) Services, Participation in Governance through MyGov, Ayushman Bharat, E-Hospital, PM-Kisan, E-Naam, Soil Health Card , SWAYAM, SWAYAM PRABHA, through National Scholarship Portal, e-Pathshala, etc. have positively affected all aspects of the lives of Indian citizens.

 

3) The National AI Portal and the Responsible AI for Youth were recently launched to lay the foundation for an AI-driven future.

4) The Digital India program has also played an important role during COVID-19 status such as Arogya Setu, e-Sanjeevani, sanitization and English NewsPaper social media platforms through MyGov etc.

 

 

 

 

PM Modi’s ‘Atmanirbhar Bharat Abhiyan‘, according to his party’s original concept, is an ambitious project aimed not at fighting the ill effects of the Covid-19 epidemic, but rebuilding India of the future.PM has spoken about optimum use of technology. His government has taken some right steps which include adopting state-of-the-art technology and increasing the use of digital technology in the society. It can prove to be the driver of the economy.

Role of Digital India program during COVID-19 epidemic:

 

  • Arogya Setu has been developed in 3 weeks with 12 Indian languages under Digital India program during COVID-19 status which has so far been downloaded by nearly 13 crore people. This app has identified more than 350 COVID-19 hotspots.

 

  • The MyGov website and social media channels such as Facebook, Twitter, Instagram, Linkedin have played an important role in making citizens aware of the medium of graphics, videos, quotes for social media to deal with COVID-19.

 

  • It is noteworthy that the Government of India is promoting digital literacy at the rural and urban levels to promote the Digital India program so that it can move rapidly from ‘traditional economy’ to ‘digital economy’.


Prime Minister Narendra Modi has launched self-reliant India Innovation Challenge, taking further steps towards Digital and Self-Reliant India.The NITI Aayog, in partnership with the Ministry of Electronics and Information Technology and the Atal Innovation Mission, has launched the Digital India Self-Reliant India Innovation Challenge, under which you will have to create mobile games, social media LATEST NEWS and photo-video editing apps . Under this challenge a maximum reward of up to Rs 20 lakh will be available. The mantra for this challenge is ‘Make in India for India and the World’.

Here are diffrent categories:-

Office Productivity and Work from Home
social networking
E-learning
Entertainment
Health and wellness
Agritech and Fintech
News
Games

Sub-categories of Self-reliant India Innovation Challenge

  • A facial recognition / body mapping app that allows people to virtually try on matching clothes and eyeglass frames before purchasing.
  • Real-time speech-to-speech translation and camera translation app
  • Mobile App for Cloud Email
  • Image scan, image editing and text recognition app
  • Apps that facilitate cloud storage that also have the facility to transfer files
  • Anti-virus app for mobile device
  • Mobile device cache clearing app
  • Mobile app for video conferencing
  • Apps for messaging and video calling
  • App for micro blogging
  • News app equipped with machine learning
  • Mapping app
  • Mobile based online gaming platform
  • Photo editing app equipped with all facilities


Being “Digital-India” or “Atmanirbhar Bharat Abhiyan” or “Self-reliant India Campaign” is, in the real sense of the term, the recognition and promotion of the intrinsic strength of Indian entrepreneurship waiting to be freed from the shackles of inextricable tangles of land, labour, liquidity and laws as PM Modi pointed out. Swadeshi should be reinterpreted as a bridge between robust localisation and inevitable globalisation, complementary to one another and not diametrically opposed.

 

 

 

 

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Coronavirus and open door for Homegrown Indian startups

 

As we get ready to return to a world which will be changed everlastingly, now is the ideal opportunity to reset everything as we were already aware of it. If at any point there was where it is a level playing field for both commended new businesses and the more unassuming ones—it’s now. Startups that comprehend the new meaning of ‘ordinary’ will attempt to draw out the best in themselves by getting new chances and distinguishing new clients.

 

Having one of the biggest tech ecosystems on the planet, when 2019 found some conclusion Indian startups raised over $11 billion. From its modest days just around 10 years prior, when discovering cash-flow to put resources into tech was still moderately new, much has changed and India with its startup and tech scene is significantly more progressed. There was even a report from the US-India Strategic and Partnership Forum (USISPF) recommending that in the following five years, India’s tech segments can pull in $21 billion in speculation and make 550,000 direct employments and 1,400,000 circuitous occupations. By putting advanced change at the focal point of its arrangements, it has fell to different state-level governments also. This has included “Startup India“, whose point is building a solid environment for new businesses that helps financial development and employment creation.

 

 

 

 

Measures preceding COVID-19 have incorporated a streamlined business arrangement, tax breaks, a reserve of INR 10,000 crore, and budgetary help for hatcheries—to give some examples. Before the current circumstance, those ventures seemed to have come into fulfillment through monetary victories. According to a leading Today NewsPaper, New companies represented 2.64 percent of all-out employments made in India and before a year ago’s over anticipated to make 200-250,000 occupations. What’s more, 18,000 or more new companies were perceived by the division for advancement of industry and inner exchange up until May of a year ago.

There have been instances of effective Indian new businesses. One of those is Flipkart, which was established by Sachin and Binny Bansal in 2008 with a whole of $6,000 (INR 4 lakh) and is currently one of the biggest online business new businesses in India with a valuation of around $20 billion. Probably the greatest achievement was the $16 billion speculations by American retail mammoth Walmart, which made it the biggest web-based business bargain on the planet.

Here are some open door where Startup can improve:-

 

1) Patient consideration and open wellbeing have gone to the front line since the time the battle to contain the deadly infection started. As of June 16, there are near 14 million Coronavirus cases have been accounted for worldwide. As the U.S.- based HealthTech organization Metabiota has conveyed AI abilities to introduce an early and exact investigation of the topographical spread of the Coronavirus pandemic.

There are an expected 4,800 HealthTech new companies in India that are utilizing forefront advancements to enable the administration to battle the pandemic. Bengaluru-based startup Bione has built up a hereditary test utilizing prescient investigation apparatuses to check each individual’s insusceptibility against the infection. In the weeks ahead, increasingly mechanical advancements will be found in the HealthTech division to recognize Coronavirus designs and empower human services experts to adequately concentrate on understanding consideration.

Another HealthTech startup, MolBio, has built up an indigenous, convenient and battery-worked RT-PCR machine to scale India’s trying abilities, even in the remotest zones. Since MolBio isn’t just making testing units yet the PCR machines itself, they have contributed to addressing the gigantic bottleneck in the testing limit.

The enormous lack of PPE in the nation has driven HealthTech startup Karkhana.io to convey 3D Printing, infusion forming, machining, manufacture, and plan office, to deliver PPEs. This incorporates face shields, vaporized boxes, and goggles.

 

2) The tale Coronavirus has conceivably adjusted the meaning of a hyper-associated world. The worldwide transportation framework and urban focuses will never be the equivalent again. With enormous interruptions affecting suburbanites around the world, the time has come to delay and ponder empowering a light-footed and consistent portability framework.

The stage after Coronavirus subsidies will be critical as it will start the precedents for the eventual fate of urban versatility. The severe lockdowns forced by governments over the world have prodded portability organizations to take one of a kind activities to make a more secure world for everybody.

Specialists opine that now is the ideal opportunity for mankind to receive driverless vehicles as social separating is probably going to remain. It is accepted exceptional move-in customer conduct because of the Coronavirus will prompt a spray in driverless vehicles and in the end mark the decrease in shared portability.

Coronavirus has brought about other imaginative arrangements as well. For example, the stay at home order gave by governments has rethought how future conveyances will be dealt with by cafés, drug stores, and staple proprietors, among different organizations. Contactless conveyance is the new worldview of advancement to develop that guarantees the security of clients and conveyance workforce.

 

3) The Coronavirus alarm has quickened the selection of web-based figuring out how to empower the two understudies and educators to grasp an advanced computerized understanding. Practically overnight, schools and colleges over the globe have reoriented customary instructing system to adjust to a unique computerized homeroom.

Today’s_News_Headlines are that after the US, India’s EdTech division is the second greatest on the planet and is esteemed at $2bn. In India, virtual study halls are being made increasingly viable by creative EdTech new companies, for example, Byjus, Vedantu, Unacademy, Toppr, and UpGrad. Many are offering classes for nothing and utilizing AI and gamification to increase the value of study hall learning.

The EdTech area is ready for additional development as consumption on AR/VR advancements for computerized learning is required to increment to $12.6bn in 2025. Abnormally, it took the Coronavirus disaster to show that innovation empowered training is the new skyline of chance for EdTech new businesses all over the place.

 

4) As the Coronavirus danger keeps on spreading, self-isolates and social removing have become the standard. In these desolate occasions, web-based business organizations have gotten a lift as purchasers have gone to web-based shopping and other advanced choices, in lieu of physical shopping situations. Further, with an expanding number of individuals telecommuting, buyer conduct will be influenced by the current problematic financial and social conditions made by the Coronavirus.

As of late, web-based business players, for example, Amazon, Grofers, Flipkart, and Bigbasket saw an abrupt flood sought after, bringing about item deficiencies in specific classes. In the coming months, online retailers can expect a further spike in orders as the normal shopper’s shopping designs have experienced an extreme change.

 

5) The quickly spreading Coronavirus has proclaimed another time later on for work that is setting down deep roots. Work from Home has become the new standard embraced by associations. It has risen as a potential gamechanger in how organizations will work once the emergency blows over.

The obligatory social separating strategy has prompted organizations putting resources into new innovation apparatuses to make telecommute consistent and effective. Associations over the world are utilizing fresher advancements and virtual web conferencing/meeting apparatuses to encourage remote working. Zoom, GoToMeeting, G Suite, and Webx are some driving devices that have empowered associations to speak with representatives, customers, merchants, and different accomplices.

The world as we were already aware of it before the Coronavirus has just changed since the infection episode. With social separating and work from home being the new ordinary, partners in the Indian startup biological system are turning to channelize innovation. From fundamental applications to complex demonstrative calculations, new businesses are creating inventive tech arrangements – across ventures—to offer back to the society.GOI lead Startup India activity has propelled an opposition for sprouting trailblazers and organizations to contribute imaginative answers for battle the Coronavirus emergency

In the weeks ahead, nimble new companies will increase further permeability as advancement empowering agents that guide individuals and organizations profoundly influenced by the pandemic. In this way, the need of great importance is for new companies to quickly adjust to the new changes and take advantage of the one of a kind lucky breaks introduced by the pandemic.

 

 

 

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Posted on in First India-English News

Digital India & how Reliance Jio Shaping the Future

 

Digital India program is an initiative of the Government of India towards enriching India. Its main objective is to set a new record in the field of science and technology in the country. By this, the only goal is to empower the country digitally. In the present era, today the same country is ahead which has made science and technology the medium of the progress of its country. Often there are consultations about its merits and demerits.

 

Digital India launched

 

A program started in the name of Digital India campaign on July 1, 2015, at the Indira Gandhi Indoor Stadium in Delhi in the presence of veteran industrialists like Tata Group Chairman Cyrus Mistry, RIL Chairman and Managing Director Mukesh Ambani, Wipro Chairman Azim Premji, etc. Gone.

 

To develop the country digitally and improve the country’s IT institute, Digital India is an important initiative.The program has been unveiled by launching various schemes of Digital India campaign like Digital Locker, National Scholarship Portal, e-Health, e-education, e-sign like various INDIA NEWS program.

 

Nine Pillars of Digital India

 

  • Broadband facility
  • house to house phone
  • Public Internet Access Program – National Rural Internet Mission
  • E-Governance: Reform through Technology
  • e-revolution: electronic delivery of services
  • Information for all
  • Electronics Manufacturing: Net Zero Import Target by 2020
  • IT Jobs

 

Since Facebook announced in April that it would invest $5.7 billion to buy 9.99% of its digital business unit – Reliance Jio Platforms – a string of global tech companies and financial investors have followed suit. In a span of 12 weeks, it wooed global investors including Silver Lake, Vista Equity Partners, General Atlantic, KKR, L Catterton, TPG, Mubadala and Abu Dhabi Investment Authority, taking the total investment in the digital services platform to $13.7 billion.

 

 

 

 

American semiconductor giant Intel announced an investment worth about $250 million in Jio Platforms, with news abuzz that Reliance is looking to develop 5G hardware in-house for its mobile network.

 

At the 43rd annual general meeting of Reliance Industries (RIL) on 15 July 2020, the company’s head Mukesh Ambani has announced another deal. Mukesh Ambani, the world’s sixth wealthiest person, said that the global technology company Google is going to invest in the Jio platform which will invest Rs 33,737 crore in RIL’s digital unit. It will buy a 7.7 percent stake in Jio Platform.

 

A technology platform company

 

Reliance Jio caused widespread disruption in the otherwise muffled telecom sector in India by offering the superfast 4G services that included free calls and cheap data packages This was TOP NEWS IN INDIA that’s time.

 

That war of attrition prompted its rivals to either exit or merge with others, leaving only three private carriers – Reliance Jio, Bharti Airtel and Vodafone Idea – from about a dozen a few years ago – and attained the top position in terms of market share with over 388 million subscribers.

 

Today, Jio’s technology umbrella already includes broadband services, smart devices, cloud and edge computing, big data analytics, artificial intelligence, internet of things (IoT), augmented and mixed reality and blockchain, thereby slowly and steadily reinventing itself as a technology platform company.

 

Shaping the Digital Future

 

Reliance Jio is now being placed in the center of a digital platform to drive the group’s growth into e-commerce, payments, and online entertainment. For example, the Facebook deal gives Jio Platforms access to WhatsApp as the platform for pushing JioMart, its digital commerce platform. With the phenomenal rise of WhatsApp users in India, the vision for this project is to bring the nearby stores to consumers on WhatsApp. JioMart is now extended JioMart to 200 cities including all metros. With millions of these small merchants and Kirana stores across the country, Ambani sees “a $700 billion opportunity out there.

 

This also fits in perfectly with the Government of India’s push for digital payments, and particularly mobile payment, as part of the Digital India mission. The company also jumped into the videoconferencing market this week by launching a homegrown video calling solution – JioMeet to take on the likes of Zoom, Microsoft Teams and Google Meet, etc, and all this amid the calls of making India self-reliant.

 

According to Petrone, Reliance which spent tens of billions of dollars building out Jio now needs to pay off its debts. The new investments will allow the conglomerate to focus on the digital part of the business, which is the most promising. While the oil refining business still accounts for the bulk of the company’s revenues, it has been hit hard by the fall in oil prices and demand.

 

“Mukesh Ambani has had this vision to vertically integrate multiple sectors and do digital cross-selling across those sectors since long before he launched Jio,” Sanchit Vir Gogia, chief analyst and CEO of Greyhound Research, an independent technology industry research firm mentioned in his LATEST NEWS blog.

 

Ambani has now set his sights on another industry: financial services. On April 30, Reliance quietly announced financial services as its newest business segment. Some took it as the latest sign that Reliance wants to become an Indian version of Alibaba, the Chinese e-commerce giant founded by Jack Ma, one of the few who rivals Ambani on Asia’s rich list. As Gogia already predicted Ambani’s next big thing will most likely be the financial sector. “With that accomplished, Reliance will look bigger than Alibaba,” he noted.

 

While Ambani takes Digital India to a new high, it might not spell the end of the reshaping of Reliance. It would be interesting to see how the story unfolds to define India’s digital economy for the decades to come.

 

 

 

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