: PM calls for taskforce for better handling of electronic waste and creating a circular economy #FinanceIndia #StockMarketNEWS New Delhi, Dec 8 (KNN) Prime Minister Narendra Modi delivered inaugural

@StockMarketNEWS Wed 09 Dec, 2020

Posted in: #FinanceIndia #StockMarketNEWS

PM calls for taskforce for better handling of electronic waste and creating a circular economy #FinanceIndia #StockMarketNEWS
New Delhi, Dec 8 (KNN) Prime Minister Narendra Modi delivered inaugural address on Tuesday at the virtual India Mobile Congress (IMC) 2020 through video conference. The theme for IMC 2020 is "Inclusive Innovation - Smart, Secure, Sustainable”.

It aims to align to the Prime Minister’s vision to promote ‘AatmaNirbhar Bharat’, ‘Digital Inclusivity’, and ‘Sustainable development, entrepreneurship & innovation’. It also aims to drive foreign and local investments, encourage R&D in the telecom and emerging technology sectors.

Addressing the event, the Prime Minister gave a call to work together to make India a global hub for telecom equipment, design, development and manufacturing. He cautioned, due to technological upgradation, we have a culture of replacing handsets and gadgets frequently.

He asked the delegates to ponder whether the industry can form a task-force to think of a better way of handling the electronic waste and create a circular economy. He urged to work together to ensure a timely roll-out of 5G to leapfrog into the future and empower millions of Indians.

The Prime Minister said it is important to think and plan how to improve lives with the upcoming technology revolution. He added that Better healthcare, Better education, Better information and opportunities for our farmers, Better market access for small businesses are some of the goals that can be worked on.

The Prime Minister lauded the delegates from the telecom sector that the world was functional despite the pandemic due to their innovation and efforts. He added that due to their efforts that a son was connected with his mother in a different city, a student learnt from his teacher without being in the classroom, a patient consulted his doctor from his home and a trader connected with a consumer/ from a different geography.

The Prime Minister said for a lot of young techies it is the Code which makes a product special, for some entrepreneurs it is Concept which matters more, investors suggest that Capital is more important to scale a product.

He said that often what matters the most is the Conviction the youngsters have on their product. Sometimes conviction is all that stands between just a profitable exit and making of a unicorn.

The Prime Minister stressed that it is because of mobile technology that we are able to provide benefits worth billions of dollars to millions of Indians, we were able to help the poor and vulnerable quickly during the pandemic and we are seeing billions of cashless transactions which boost formalisation and transparency and we will also enable a smooth contactless interface on toll booths.