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Trying to free IT industry from unnecessary regulations: PM Modi

Prime Minister Narendra Modi on Wednesday said that the government is taking numerous steps to free the IT industry from unnecessary regulations. Speaking at the Nasscom Technology & Leadership Forum 2021, Modi cited the liberalised regulations on geospatial data, making it freely available in the country for innovation and IT companies. The change is made specifically for Indian companies through updating the current guidelines pertaining to developing map technologies. The Prime Minister congratulated the Indian IT industry for running the industry even during Covid-19 restrictions. The Prime Minister further said the large population of the country is the IT industry s biggest strength as people are eager to adopt newer solutions.

India full of confidence, evident at borders: Modi

India s startup founders should focus on creating institutions, not just valuations: PM Modi

Prime Minister Narendra Modi speaking at Nasscom Technology and Leadership Forum. Credit: Twitter/@nasscom   The country is not short of ideas, Mr. Modi said, adding that it needs mentors to help turn ideas into reality. Prime Minister Narendra Modi on Wednesday asked the startup founders in India to not restrict themselves to valuations and exit strategy but focus on creating products that will set a global benchmark on excellence. “I want to tell our Startup founders that don t limit yourselves to only valuations and exit strategy. Think how you can create institutions that will outlast this century. Think how you can create world class products that will set a global benchmark on excellence,” Mr Modi said, at the inaugural session of the Nasscom Technology and Leadership Forum (NTLF) 2021.

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