EmTech India 2018: Technology brings economic power to common people, Nasscom’s R. Chandrashekhar
Technology impacts many areas of life, which in turn impacts economic growth of individuals and the country, Nasscom president R. Chandrashekhar said
New Delhi:Technological empowerment enables not only wide use of devices, but also transfers economic power to the common people, Nasscom president R. Chandrashekhar said on Thursday.
Use of technology should have an impact on areas like agriculture, health care, education and skilling, which have impact on future economic growth of individuals and the country, said Chandrashekhar. He was speaking at EmTech India 2018, the Mint-MIT Technology Review conference on technology and innovations in New Delhi.
“That is the crucial differentiator as to how India would use technology,” he said.
While re-emphasizing the need for benefits from technology to reach the country as a whole and not only people on the higher levels of economic power, technology should empower the masses, he said.
Supporting increased public-private partnership (PPP), Chandrashekhar said the government’s role is critical in the development of key areas of the economy, and that it should also create space to let private sector operate.
“The question is not what policy framework should be put in place by the government but what are the initiatives which the government and the industry should come together to implement,” he said.
According to Chandrashekhar, India has great innovative potential and it should be used to solve the problems of the economy by coming up with complete solutions based on the PPP model.
The combination of technology with different sectors such as healthcare and agriculture can lead to effective and optimal results. Internet of Things in agriculture can enable farmers to practice precision agriculture, he said.
“The ability to absorb, assimilate and integrate technology... and to be able to do so in the most optimal manner is a big challenge,” he added.