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14/03/2022 - S & T

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March 14, 2022

What are the various ways that are required to build India’s Digital sovereignty? Elaborate (200 Words)

Refer - Financial Express

Enrich the answer from other sources, if the question demands.

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IAS Parliament 2 years

KEY POINTS

·        India needs to be in a position where it can prevent sanctions being imposed, because our retaliatory sanctions would hurt the imposing nation dearly too.

·        The classic example is the Software-as-a-Service (SaaS) industry in India. Today, the SaaS industry in India is a trillion-dollar opportunity by valuation. Freshdesk has already gone public.

·        The role of government policy to enable the industry strategy that has been agreed. It can do that in four ways. One, it can get out of the way. For SaaS, that meant addressing the Stay-in-India Checklist.

·        It can give grants for private innovation—as BIARC did with ignition grants for rotavirus vaccine (where India is now the global leader). T

·         It can support the creation of digital public goods, as has happened with UPI.

·         The government can also ring fence infant industries for some time, just as the US does for its own infant industries. VCs and fundraising come at the end of the cycle.

·        India has a natural advantage in the age of software and technology. Indian talent is manning the helm of many global tech giants.

·        Our youth would love the opportunity to come build for the security and sovereignty of their own nation, if we can create the conditions for them to do so.

 

RAJA MOHAMED 2 years

Please evaluate

IAS Parliament 2 years

Try to include about Digital India programme. Keep Writing.

Manish 2 years

Please Review !

IAS Parliament 2 years

Try to include about Digital India programme. Keep Writing.

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