New Delhi: Cabinet Minister for Law & Justice and Communication and IT Ravi Shankar Prasad said that “out of the 5 trillion economy, 1 trillion will come from the digital economy.”
Ravi Shankar Prasad talked about Production Link Incentive (PLIs) has been increased which has made major companies like Samsung, Apple from around the world to manufacture their products according to global standard in India. This will give about 9 lakh people jobs. “During the Corona, times I have brought in two major companies from the neighbouring country. India will be a part of the global economy by being a part of the global supply chain.”
“We will make manufacturing and digital economy strong in India,” he added.
“Digital India aims to make common Indian people stronger through technology and bring about transperency.” He said that there will be new laws for data protection very soon after the going through the reports.
RJD Leader Tejashwi Yadav commented on the budget and said ‘this budget is not for the development of the country but for its sale. Earlier, they sold Railways, Air India, Bharat Petroleum, & others. This budget is about more such entities that will be sold including gas pipeline, stadium, roadways & warehouses.’
Ravi Shankar Prasad responded that the Modi government revivied BSNL and it is now “per capita postive”, he added, “we brought India Post to life and during the Corona time it has done a comendable job”. He added, that when banks were given autonomy, they were starting to build a profit. This disinvestment is strategic for PSUs which are facing a loss he explained.
