Prime Minister Narendra Modi on Wednesday said that the Union Budget laid down a clear roadmap for 5G spectrum auction and schemes have been proposed for design-led manufacturing related "with a strong 5G eco-system."
“Technology for us is a medium to empower the people of the country. For us, technology is the mainstay of making the country Aatmanirbhar. The same vision is reflected in this year’s budget as well”, said Modi addressing the seventh post-budget Weninar.
“Budget lays down a clear roadmap for 5G spectrum auction and PLI schemes have been proposed for design-led manufacturing related with a strong 5G eco-system”, he said
Prime Minister said there is need to emphasize on how to make maximum use of technology for the Ease of Living.
“The world has seen our reliability from our self-sustainability to vaccine production at the time of Covid. We have to replicate this success in every sector”, he said.
Modi said in the field of economy, the vision is linked with areas like digital economy and fintech. Similarly advance technology has huge role in infrastructure and public service delivery related vision.
“Technology for us is a medium to empower the people of the country. For us, technology is the mainstay of making the country self-reliant. The same vision is reflected in this year’s budget as well”, said the Prime Minister.
He talked of US President Joe Biden’s latest address to underline the importance of 'Aatmnirbharta' as developed countries like the USA are also talking about this.
“In the light of emerging new global systems, it is critical that we move forward with a focus on Aatmnirbharta”, he said.
The Prime Minister highlighted the Budget’s emphasis on sunrise sectors like Artificial Intelligence, Geo-spatial Systems, Drones, Semi-conductors, Space technology, Genomics, Pharmaceuticals and Clean Technologies to 5G.
He asked the Private sector to increase their efforts in this area.
Referring to the dictum ‘Science is Universal and Technology is Local’, the Prime Minister said “We are familiar with the principles of science, but we have to emphasize on how to make maximum use of technology for the Ease of Living.” He mentioned investment in house constructions, railway, airways, waterways and optical fibres.
Noting the expanding global market for gaming, the Prime Minister said that the budget has focussed on Animation Visual Effects Gaming Comic.
Similarly he also stressed the need to have toys adapted to Indian milieu and needs.