PM GatiShakti Planning Group evaluates key Infrastructure projects (See 'Corp Brief') Indian Medical Council Act-Clinical training that appellants would undergo after successful completion of Phase III Part I of MBBS examination would only be counted as qualifying training period for Phase III Part II examination: HC (See 'Legal Desk') IBC-Claim of Operational Creditors, if on verification by resolution professional is found to be less than 10% of total debt, they cannot claim any right to representation in meeting of Committee of Creditors: IBBI (See 'Legal Desk') Centre ensuring seamless paddy and CMR procurement in Punjab State: Joshi (See 'Corp Brief') Commercial Courts Act,2015-Failure to claim interest from date of institution of suit till its realization for pre-suit period negates right of plaintiff to such claim-YES: HC (See 'Legal Desk') MAHA-EV Mission brings together experts to drive India's smart transport research (See 'Corp Brief') Constitution of India - Deprivation is norm and liberty is exception: HC (See 'Legal Desk') Constitution of India- Fundamental right of liberty provided under Article 21 is superior to statutory restrictions and reiterated principle that 'bail is rule and refusal is exception': HC (See 'Legal Desk') 'SECL Ki Dhadkan' successfully completes Life-Saving Heart Surgeries for 20 Children (See 'Corp Brief') Misc - High Court cannot defer Corporate Insolvency Resolution Process when main relief sought in writ petition to consolidate CIRP of two companies was refused: SC (See 'Legal Desk') NCGG concludes First Mid-Career Training Program for BIMSTEC Civil Servants (See 'Corp Brief') SEBI Act -Every partner is liable for contravention committed by partnership firm,unless proved otherwise: SEBI (See 'Legal Desk') AI for Citizen Safety: Join IndiaAI CyberGuard AI Hackathon (See 'Corp Brief') Trade marks- Proprietor of trademark need not go against each and every person/ entity infringing and/ or passing off its trademarks and which do not cause prejudice to its distinctiveness: HC (See 'Legal Desk') MyGov's National Space Day Quiz engages Citizens (See 'Corp Brief') Trade marks Act-Use of same mark by defendants gives an unfair advantage to defendants and is detrimental to the distinctive character or repute of plaintiff's well-known registered trademark: HC (See 'Legal Desk')

Print

Prasad urges Electronics Industry to explore opportunities in adversity

Published: Apr 30, 2020

By TIOLCORPLAWS News Service

NEW DELHI, APR 30, 2020: UNION Minister of Electronics and Information Technology Ravi Shankar Prasad exhorted the Electronics Industry to explore the new opportunities that are arising out of the adversity and make the country the global hub of electronics manufacturing. During a meeting with Electronics Industry Associations, Chambers and prominent Industry players, he requested the electronics industry to take advantage of the opportunity and new Schemes notified by the Ministry, attract global investment and strengthen the sector. He emphasized the role of Medical Electronics Industry that is at a point of a complete turnaround.

The ministry officials presented the current COVID-19 situation & Aarogya Setu platform and thanked the mobile industry for their support in making the Aarogya Setu app reach around 8 crore mobile phones in the country. The efforts made by Ministry to handle the situation in the short term, medium term & long term prospective to minimize the effect of COVID-19 were presented during the meeting. It was also mentioned that major electronics manufacturing clusters are facing local restrictions because of their presence in high risk zones like Noida, Greater Noida, Maharashtra, Tamil Nadu, Andhra Pradesh etc. Officials also appreciated the support received from the Industry in formulation of new Schemes for promotion of electronics industry and SOP Guidelines for COVID-19.

Union Minister apprised the Industry that the requests regarding broadening the definition of essential goods to ICT products, retail /online sale of ICT essential goods, authorized sales and Services of ICT essential goods has already been taken up with Ministry of Home Affairs. Under the newly notified schemes of MeitY to promote electronics manufacturing, Government of India will provide a financial support of Rs 50,000 crore for ESDM industry. Further, he mentioned that MeitY's initiatives like Aarogya Setu, Aadhar, Digital payments etc. have played a very important role in fighting against COVID-19.

Industry representatives presented “Restart, Restore and Resurgence” model to capture the global opportunity in Electronics System Design and Manufacturing (ESDM) sector. Majority of the participants appreciated the new trilogy of schemes of MeitY, namely, PLI, SPECS and EMC2.0; to support the electronics manufacturing sector. Industry raised various issues related to working of factories, logistics, export, supply chain disruption and demand shock due to COVID-19.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
taxindiaonline
A Taxongo Website. Copyright © 2016-2022 tiolcorplaws.com All rights reserved.