Digital economy, adoption of tech will help achieve $5-trn economy: Goyal

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Adoption of and the would play a vital role in transforming business enterprises in the future and achieving the target of $5 trillion economy, Commerce and Industry Minister said on Saturday.


He said this while addressing the 49th governing council meeting of National Productivity Council (NPC), an autonomous body under the Department for Promotion of Industry & Internal Trade (DPIIT).



He also stressed the role of productivity in the transformation of any organisation.



The minister also suggested NPC to work closely with all the stakeholders and emphasised on adopting the best practices from around the world.


Some of the suggestions made in the meeting include the formulation of specific action plans by NPC especially in agriculture and logistics sectors, identification of champion sectors which has the potential to drive the economy, adoption of to increase productivity and delivering cost-effective solutions for the marginalised sector.


Interlinking of academia and industry for the creation of a highly skilled labour force, financing of specific products to support Micro, Small,and Medium Enterprises (MSMEs) and increase their productivity, and national audit on security

Startups have already shown interest in In-SPACe, says Isro Chairman

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Indian Space Research Organisation (Isro) said that In-SPACe (Indian National Space Promotion and Authorisation Centre), the new national nodal agency, which was approved by the Cabinet in the middle of the week, would take 6 months to start functioning and had seen interest from startups, while larger players were yet to come out with their proposals.


“Isro’s projects including Chandrayaan 3 are in progress, but have been delayed due to the coronavirus (Covid-19) pandemic,” said K Sivan, chairman of Isro.



Speaking to reporters, Sivan said, “We have not received proposals from big players, but have seen interest from the start ups for projects ranging from satellite making to service providing. We hope that the big players will also come forward so that we can expand our presence in the global space market.”


Private firms are allowed activities in launch vehicles, satellites, space faring services and in ground operations for system readiness. The startups have shown interest in all the four areas. The private players may have to develop launch pads if they are going for satellite launches, though Isro will support them in their activities. They can also join

Bolsonaro Revives Communications Ministry In Make-over

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As even Brazilian President Jair Bolsonaro himself admits, communications has not exactly been his administration’s strong suit lately.

From downplaying the new coronavirus as a “little flu” to flinging expletives and insults in a cabinet meeting that was later made public, the far-right leader has generated a long list of awkward sound bites.

That has exacerbated the trio of crises he is facing: public-health, economic and political.

Enter his newly created communications ministry and the charismatic, handsome young lawmaker tapped to lead it, Fabio Faria.

Faria, a 42-year-old lawmaker and son-in-law of a TV mogul, is about as different as possible from Bolsonaro when it comes to communication style.

While the far-right president, sometimes called a “Tropical Trump,” is blunt, bellicose and uncompromising, Faria took office last week calling to “pacify” the country and proposing a “patriotic armistice” to get Brazil through the coronavirus pandemic, which has infected and killed more people here than any other nation except the United States.

The “new” ministry in fact recreates a portfolio that had been absorbed into the science and technology ministry in 2016.

Its revival comes as Bolsonaro is battling on multiple fronts.

A year and a half into his presidency, there

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