Visualhash Technologies
(Author)
Visual Hash Technologies has been at the forefront of the constant evolution in developing touch-screen interactive kiosks, AR -VR experience, IoT products for marketing & android, ios, mobile app platforms.
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February 2021LAYING A FOCUSSED ROAD MAP FOR INDIAN ECONOMY FOR THE NEXT 25 YEARS.
The RBI is expected to use blockchain technology to introduce the digital rupee as a CBDC, according to reports. This will make the currency a digital fiat currency and make it subject to regulations by the central bank helping currency management.
As the(Covid-19) pandemic, which battered the country’s economy, this budget is for a road to recovery which focuses on increasing infrastructure building and spending in providing opportunities for the rural sector.
The session is all about t The session is all about two parallel tracks Public investments in infrastructure and an inclusive and futuristic Budget
HIGHLIGHTS
⫸ Chemical-free natural farming & use of Kisan drones to be promoted for Indian farmers.
⫸ SEZ(special economic zones)act will be replaced with new legislation, for the development of enterprise and hubs.
⫸ India's e India's economic growth is estimated to be 9.2% for the current year, highest among all large economies.
⫸ pm Gati shakti master plan for expressways to be formulated in 2022-23,to facilitate faster movement of people and goods.
⫸ Spectrum auctions will be Spectrum auctions will be conducted in 2022 to facilitate rollout of 5g mobile services within 2022-23 by private telecom providers.
AVGC - Potential
An open platform for the National Digital Health Ecosystem will be rolled out. It will consist of digital registries of health providers, health facilities, unique health identity and universal access to health facilities which conveys that every industry is ready to go digital in no time.
Visual Effects, Gaming and Comics (AVGC) sector offers immense potential to employ youth.
India has a phenomenal potential for growing as hub for the publishing community world wide and the latent pool on the technology side as well as creative side.
Today AI, experiential reality, gaming is a multi billion dollar market which India is yet to proactively tap into.
THE PLAN
An AVGC promotion task force with all stakeholders will be set up to recommend ways to realise and build domestic capacity for serving our markets and the global demand.
Karnataka government had launched the AVGC Centre of Excellence in Bengaluru.
A RECOGNITION TO PRO-TECH
In this pandemic, digital and prop tech industry as a whole has proven that it has the potential to give back to the economy in many ways, whether it is by way of creating employment, adding to the revenue through taxes or upgrading to the meta the meta verse.
On the digital connectivity front the 5G spectrum auctions will finally make the dream of a tech- savvy India a reality, further boosting countries digital infrastructure.
Additionally, the launch of a design led- manufacturing scheme for the 5G ecosystem as part of the PLI scheme will ensure affordable broadband and mobile communication even in the far flung areas which will encourage marketers to experiment with block chain, AR,VR.
DRONE AS A SERVICE POISED TO GIVE WINGS TO EMERGING SECTOR
Drone Shakti is the government perspective on consolidating the efforts in the drone ecosystem. It is basically institutionalizing and creating a framework where multiple stakeholders can work together. It also makes adoption (of d It also makes adoption (of drones) economical for customers and provides incentive to manufacturers and service providers to work together on a continuous cycle of innovation.
IdeaForge had signed a $20 million contract with the Indian Army in January 2021 to supply d January 2021 to supply drones. Though the industry is at a nascent stage, use of drones has started picking up across sectors, apart from being deployed by law enforcement agencies for surveillance and crowd control.
IMMEDIATE ACTION MAHARAJ'S IMPACT
Courses for skilling will also be started in selected ITI's across all States. Drones will also be promoted for crop assessment, digitisation of land records, spraying of insecticides and nutrients.Barring the mention about drones, there were no new schemes or initiatives announced for the aviation sector.
With Air India now privatised and handed over to Tata Sons, the budgetary allocation for the Ministry of Civil Aviation was slashed to more than half of the current fiscal. It has been allocated ₹4,574 crore for the next fiscal.