PSU, technology are pivotal to India’s growth story: Experts

Governance Now fourth PSU Awards: A panel discussion stressed upon the need and usefulness of technology in developing India

GN Bureau | December 24, 2016


#Governance Now   #Awards   #Ram Vilas Paswan   #Babul Supriyo   #technology   #Thinkthrough Consulting   #M76 consulting   #PSU  


 Technology can play a crucial role in helping PSUs perform better and strengthen India, said a panel of experts on public policy and business at a panel discussion during Governance Now fourth PSU Awards ceremony held on Friday in Delhi. 

Parul Soni, global managing partner, Thinkthrough Consulting (TTC), started off the discussion on ‘Unlocking the potential of PSUs’ by saying that when industrialisation was taking place, PSUs contributed a lot in the making of India. 
 
Sanjeev Gupta, general manager, Microsoft India, said that about four years ago, prime minister Narendra Modi had said that IT is equal to IT. “What he meant was that India today is equal to India tomorrow. PSUs (in that respect are) a very strong pillar for the growth of India.” 

READ: PSUs are a great tool for economic development: Babul Supriyo
 
Jai Mrug, founder of M76 Analytics, talked about the whole aspect of analytics and how it can be used for the public sector and the masses. Mrug emphasised the need to first define analytics. “Analytics is about finding a cause and effect relationship. It is about demystifying information.” Mrug added that governments today across the globe are using a lot of analytics, say for, where they should go to locate and develop a hospital. 
 
Harbhajan Singh, former director general, National Productivity Council, said that PSUs are the backbone for creating infrastructure in the country. “Our core industry needs a technological base. It is very important to provide leadership for that industry.”

READ: Despite privatisation, fantastic growth in PSU sector: Vinit Goenka
 
Giving an example of how Microsoft has used technology to help people, Gupta said that their firm researched agriculture, and picked up the socio-economic patterns to predict on which particular day farmers should sow their seeds. He said that the results had been fantastic. “Secondly, can you predict whether a 9th standard student is going to drop out of school, and then bring it to the government’s notice so that it can make correct interventions? We have done that in multiple states successfully,” said Gupta. 
 
Highlighting the use and need of analytics, Mrug said that access to information and data must lead to a decision-making process. “You should be able to build a strategy, and then proper action should be built upon that.” 
 
Singh talked about the importance of technology and said that it can make the lives of people more productive, but added that the required infrastructure today is not available. “It (infrastructure) should reach the villages,” he said.


READ: PSUs are in direct competition with private sector: Ram Vilas Paswan

 

Comments

 

Other News

Harnessing the demographic capital: how effective are skilling programmes?

Probing data concerning increased job creation and the decline in unemployment has been holding the attention of economists and been subject of discussions in several think tanks in the preceding months. The NITI Aayog reports that 3.53 million new jobs were created between September 2017 and February 2018

It`s time to Unlock now, with economic focus

With Lockdown 4 ending Sunday, the home ministry has issued new guidelines to fight COVID-19 and for phased re-opening of areas outside the Containment Zones. The guidelines, issued based on extensive consultations held with states and UTs, will be effective from June 1 till June 30. The first phase of reo

Small kitchen gardens turn saviours for Gujarat tribal families

When the whole world is fighting COVID-19, food and nutrition security has become a major issue. The pandemic has aggravated the existing food crisis in India, especially in rural and tribal regions. There has been less availability of fresh foods in most parts of the country, and the tribal community has

India will set example of post-Covid-19 economic revival: Modi

India is determined to “set an example” for the rest of the word in the post-pandemic economic revival, prime minister Narendra Modi has said, underling the need to become self-reliant. “There is also a widespread debate on how the economies of various countries, including

3,543 ‘Shramik Special’ trains transport 48 lakh people in 26 days

Close to 48 lakh migrant labourers have been able to reach home from the cities they were working in, as the Indian Railways have run a total of 3,543 “Sharmik Special” trains from May 1. Following the home ministry order regarding the movement by special trains of migrant worker

How Jeevan Raths have helped 52,000 migrants in Maharashtra

Before the novel coronavirus hit it, Mumbai about 10-12 lakh labourers from elsewhere had made it their home. The figure for the state of Maharashtra was another 18-20 lakh. As the pandemic spread and the Maximum City emerged as the worst-hit place in India, all economic activities came to an end, and with



Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter