For Electronics Startups Govt Launches Electronic Departmnent Fund

At a recent event held in a Mumbai hotel, the Electronics and Information Technology Department announced the launch of Electronics Department Fund (EDF). The Fund can be seen as Modi government's effort to actively promote and support the electronics design and manufacturing sector in the country. The event also saw Ravi Shankar Prasad, Minister of Communications and Information Technology, giving out the very first letter of commitment to a group of Daughter Funds.

The Electronics Department Fund was first announced by Prime Minister Narendra Modi on July 1st, 2015 during the inauguration of the Digital India Week. Further, the search for the Fund Manager for the EDF came to an end on September 4th, 2015 with Canbank Venture Capital Fund Pvt. Ltd. (CVCFL) making the cut. March 31st, 2016 has been set as the deadline for applicants seeking funding to file their participation.

The technological world is advancing at an unprecedented rate. As you read this article, it is changing and becoming better and bigger with each passing second. In order to keep pace with these changes, the IT sector requires constant research and development. The policy book for EDF clearly reads that, "Intellectual Property is possibly the most critical differentiator and determinant of success for a technology company."The sector is central to the growth of every other sector of the economy in the country and therefore is of significance importance.

Catering to this need, the government of India has branded the EDF as a "Funds of Funds" that will look after the constant need of Research and Development and innovation in technology. The EDF will not only help in supporting the Daughter Funds which in return will result in providing risk capital to the companies who are developing new technologies, but it will also help in getting the attention of angel funds, seed funds and venture funds to the desired areas.

The Modi government which took charge of the office in May 2014 is focused on empowering the Indian country digitally. It aims to do this through its much ambitious project, Digital India initiative. Under its this initiative, the Modi government also has a plan to develop the Electronic System Design and Manufacturing (ESDM) and achieve the target of “Net Zero Imports” in another 4 years by 2020. The EDF will prove as a great encouragement tool for entrepreneurs to focus on technology development and setting up of new ventures.

According to IndianWeb2, EDF could prove to be an excellent move by the Modi government and prove that they are really keen on fulfilling the promise of a Digital India to the citizens. Whether they're available to fulfil their commitment is something only time will tell.

For Electronics Startups Govt Launches Electronic Departmnent Fund

At a recent event held in a Mumbai hotel, the Electronics and Information Technology Department announced the launch of Electronics Department Fund (EDF). The Fund can be seen as Modi government's effort to actively promote and support the electronics design and manufacturing sector in the country. The event also saw Ravi Shankar Prasad, Minister of Communications and Information Technology, giving out the very first letter of commitment to a group of Daughter Funds.

The Electronics Department Fund was first announced by Prime Minister Narendra Modi on July 1st, 2015 during the inauguration of the Digital India Week. Further, the search for the Fund Manager for the EDF came to an end on September 4th, 2015 with Canbank Venture Capital Fund Pvt. Ltd. (CVCFL) making the cut. March 31st, 2016 has been set as the deadline for applicants seeking funding to file their participation.

The technological world is advancing at an unprecedented rate. As you read this article, it is changing and becoming better and bigger with each passing second. In order to keep pace with these changes, the IT sector requires constant research and development. The policy book for EDF clearly reads that, "Intellectual Property is possibly the most critical differentiator and determinant of success for a technology company."The sector is central to the growth of every other sector of the economy in the country and therefore is of significance importance.

Catering to this need, the government of India has branded the EDF as a "Funds of Funds" that will look after the constant need of Research and Development and innovation in technology. The EDF will not only help in supporting the Daughter Funds which in return will result in providing risk capital to the companies who are developing new technologies, but it will also help in getting the attention of angel funds, seed funds and venture funds to the desired areas.

The Modi government which took charge of the office in May 2014 is focused on empowering the Indian country digitally. It aims to do this through its much ambitious project, Digital India initiative. Under its this initiative, the Modi government also has a plan to develop the Electronic System Design and Manufacturing (ESDM) and achieve the target of “Net Zero Imports” in another 4 years by 2020. The EDF will prove as a great encouragement tool for entrepreneurs to focus on technology development and setting up of new ventures.

According to IndianWeb2, EDF could prove to be an excellent move by the Modi government and prove that they are really keen on fulfilling the promise of a Digital India to the citizens. Whether they're available to fulfil their commitment is something only time will tell.

DeitY To Expand Startup Incubator Programme For Semiconductor Startups

Electronics and semiconductors based start-ups have a reason to rejoice. While this year might have been good for them, the one to come after this seems to be even more promising.

The Department of Electronics and Information Technology (DeitY) is planning to expand its 'electropreneur park' programme, in association with the India Electronics & Semiconductor Association and Software Technology Parks of India.

With an investment of Rs 21 crore, the first electropreneur park was set up in the Delhi University. The park is currently incubating 10 start-ups that were selected from the total of 168 entries received. By setting up more such facilities, they are hoping that the hardware and internet of things start-ups, which often end up falling under the umbrella of venture capitalists, are able to raise more funding.

According to Arvind Tiwari, chairman of IoT Forum, TiE, "There are tremendous problems and we're getting four incubators added, two of which will be in Bengaluru. The larger challenge is to help them bring their ideas into shape and discover customers; it's too early to worry about exits."

Start-ups that are able to make the cut and become a part of the incubation programme are guaranteed more access to manufacturing facilities and a small amount of funding in order to sustain themselves for over an years time.

After an years time, they're supposed to find external funding or get more customers in order to sustain their businesses and themselves.

DietY's move to expand the electropreneur park is in synchronisation with its goal to provide monetary assistance and expertise to about 50 start-ups over the period of next five years. With this, they are hopeful of helping India in boosting its expertise in the hardware, electronics, IoT and semiconductor sector.

Indian Govt. to Launch Secure & Encrypted Email Service for Govt. officials.

All the Indian government officials will soon bid adieu to popular email services like Yahoo and Gmail. Some 5 million government officials will give up using popular email services for government's secure email by the end of this fiscal year. This step has been taken in order to safeguard sensitive and critical government data during official communication.

The proposal of establishing an encrypted and secure email service for the government officials was moved by Department of Electronics and Information Technology (DeitY). The government has recently approved this proposal.

"We are in the process of implementing this. At present about a million officials are covered by it and we need to scale it to cover a total of 5 million employees. This process will be completed by March 2015," said RS Sharma, Secretary, DeitY in a statement to PTI.

The project has been allocated a budget of 100 crores. This 100 crore budget includes expanding the required infrastructure and improving security of servers where the emails will be stored.

Sharma further added, “We need to scale the infrastructure of the National Informatics Centre (NIC) to accommodate this large number of officials. Also there will be a state of the art security for the service to ensure nothing happens”.

If sources are to be believed, all the government communication except that of External Affairs and Ministry of Defence will be carried out using the NIC platform.

This step by the government has been taken in light of the recent increasing trends of hacking and cybercrimes. Recently, some 5 million Google usernames and passwords were leaked online by Russian hackers.

According to the sources, the email policy will make it mandatory for government officials to communicate officially only on NIC platform and not commercial, popular email services like hotmail, Yahoo, and Gmail etc in order to protect critical and sensitive government data.

Ravi Shankar Prasad, Communication and IT Minister had also confirmed about the establishment of such a secure email service for government communication earlier this month.

Post the Snowden episode, governments all around the globe are trying their best to secure their official communication.

Indian Govt. to Launch Secure & Encrypted Email Service for Govt. officials.

All the Indian government officials will soon bid adieu to popular email services like Yahoo and Gmail. Some 5 million government officials will give up using popular email services for government's secure email by the end of this fiscal year. This step has been taken in order to safeguard sensitive and critical government data during official communication.

The proposal of establishing an encrypted and secure email service for the government officials was moved by Department of Electronics and Information Technology (DeitY). The government has recently approved this proposal.

"We are in the process of implementing this. At present about a million officials are covered by it and we need to scale it to cover a total of 5 million employees. This process will be completed by March 2015," said RS Sharma, Secretary, DeitY in a statement to PTI.

The project has been allocated a budget of 100 crores. This 100 crore budget includes expanding the required infrastructure and improving security of servers where the emails will be stored.

Sharma further added, “We need to scale the infrastructure of the National Informatics Centre (NIC) to accommodate this large number of officials. Also there will be a state of the art security for the service to ensure nothing happens”.

If sources are to be believed, all the government communication except that of External Affairs and Ministry of Defence will be carried out using the NIC platform.

This step by the government has been taken in light of the recent increasing trends of hacking and cybercrimes. Recently, some 5 million Google usernames and passwords were leaked online by Russian hackers.

According to the sources, the email policy will make it mandatory for government officials to communicate officially only on NIC platform and not commercial, popular email services like hotmail, Yahoo, and Gmail etc in order to protect critical and sensitive government data.

Ravi Shankar Prasad, Communication and IT Minister had also confirmed about the establishment of such a secure email service for government communication earlier this month.

Post the Snowden episode, governments all around the globe are trying their best to secure their official communication.

Bizarre, Indian Govt. wants IT revolution by launching eGreetings portal

The government's IT wing is doing odd things in the name of digitization and IT revolution, yesterday Ravi Shankar Prasad, Communication and IT Minister of India, unveiled the egreetings.india.gov.in portal yesterday as a part of the new government's Digital India initiative. The eGreetings portal has an aim of propagating eco-friendly ways of sending greetings by government officials and ministers to friends and colleagues.

The portal which looked like a retarded portal of 90's era was unveiled on the eve of the country's 68^th Independence Day celebrations. Govt. claimed that it houses a grand collection of designs made by people from all over the country.

At the launch, the Communication and IT Minister lauded the efforts of the IT department and its officials for coming up with such a novel idea of having this kind of IT greeting card, as if they have invented ground-breaking internet technology by developing egreetings portal.

Although there are plenty of e-greetings portal in the country, the objectives of launch of such portal and that's too by govt. is unclear, instead they could have made a portal where the reports of all inquiry comissions on incidence such as communal riots, corruption charges etc. are available for public view and this is kind of portal could have been example of good digital transparency initiative by new govt. However they chose making egreeting portal which gives impression of very childish thoughts of new govt. and doing formalities on the name of digitization.

According to Prasad, this initiative by the IT department is in agreement with Prime Minister Narendra Modi’s commitment to ensure a proper IT revolution in the country followed by connectivity. On a second thought a large area of Indian geography is still untouched with basic internet connection, dont' know how come govt. IT department bring out IT revolution by launching egreeting portal.

Advice to IT minister - An IT revolution comes in any nation by strengthening its internet connectivity in both rural and urban areas and building broadband infrastructure and cheap computer peripherals and not by launching egreetings portal, what would 60% of Indian population will do with egreetings portal when they dont even have basic internet connection nor the computer to operate from.

IT minister Prasad also said that, enhancing Internet connectivity by launching the eGreetings portal on 15^th August was a great idea and by cooperation of the citizens of the country through crowd sourcing, this could prove to be a huge success.

Prasad further hoped that the portal will not only be used by government officials and ministers but also by the people of the country although there are plenty of egreetings portals in the country already don't know why would common people will choose govt. egreetings portal which doesn't look good in comparison to existing egreetings portal.

According to R S Sharma, who is the Secretary of the Department of Electronics and Information Technology, the department had received 3,572 entries in total for the greeting card designs and out of these entries, the best 14 were selected. The Department of Electronics and Information Technology has made six greeting cards in total.

All the selected 14 entries will be awarded by the department. They would be given a cash prize so as to encourage more and more people to make designs for the portal.

The eGreetings portal also provides the option of selecting a quote of Prime Minster Narendra Modi which would then be sent as a part of the greeting.

In order to use the portal, the user is required to be a registered user of MyGov platform or the government’s email service or the India Gov platform.

The NaMo government has a plan of spending around 5000 crore this fiscal under the Digital India initiative, bizarre isn't it ?, if 5000 crore of money will be spending on craps like egreetings portals only God can clarify that will this bring our IT revolution or utter waste of money.A question arises does a egreetings portal needed that badly by Indian public.

Bizarre, Indian Govt. wants IT revolution by launching eGreetings portal

The government's IT wing is doing odd things in the name of digitization and IT revolution, yesterday Ravi Shankar Prasad, Communication and IT Minister of India, unveiled the egreetings.india.gov.in portal yesterday as a part of the new government's Digital India initiative. The eGreetings portal has an aim of propagating eco-friendly ways of sending greetings by government officials and ministers to friends and colleagues.

The portal which looked like a retarded portal of 90's era was unveiled on the eve of the country's 68^th Independence Day celebrations. Govt. claimed that it houses a grand collection of designs made by people from all over the country.

At the launch, the Communication and IT Minister lauded the efforts of the IT department and its officials for coming up with such a novel idea of having this kind of IT greeting card, as if they have invented ground-breaking internet technology by developing egreetings portal.

Although there are plenty of e-greetings portal in the country, the objectives of launch of such portal and that's too by govt. is unclear, instead they could have made a portal where the reports of all inquiry comissions on incidence such as communal riots, corruption charges etc. are available for public view and this is kind of portal could have been example of good digital transparency initiative by new govt. However they chose making egreeting portal which gives impression of very childish thoughts of new govt. and doing formalities on the name of digitization.

According to Prasad, this initiative by the IT department is in agreement with Prime Minister Narendra Modi’s commitment to ensure a proper IT revolution in the country followed by connectivity. On a second thought a large area of Indian geography is still untouched with basic internet connection, dont' know how come govt. IT department bring out IT revolution by launching egreeting portal.

Advice to IT minister - An IT revolution comes in any nation by strengthening its internet connectivity in both rural and urban areas and building broadband infrastructure and cheap computer peripherals and not by launching egreetings portal, what would 60% of Indian population will do with egreetings portal when they dont even have basic internet connection nor the computer to operate from.

IT minister Prasad also said that, enhancing Internet connectivity by launching the eGreetings portal on 15^th August was a great idea and by cooperation of the citizens of the country through crowd sourcing, this could prove to be a huge success.

Prasad further hoped that the portal will not only be used by government officials and ministers but also by the people of the country although there are plenty of egreetings portals in the country already don't know why would common people will choose govt. egreetings portal which doesn't look good in comparison to existing egreetings portal.

According to R S Sharma, who is the Secretary of the Department of Electronics and Information Technology, the department had received 3,572 entries in total for the greeting card designs and out of these entries, the best 14 were selected. The Department of Electronics and Information Technology has made six greeting cards in total.

All the selected 14 entries will be awarded by the department. They would be given a cash prize so as to encourage more and more people to make designs for the portal.

The eGreetings portal also provides the option of selecting a quote of Prime Minster Narendra Modi which would then be sent as a part of the greeting.

In order to use the portal, the user is required to be a registered user of MyGov platform or the government’s email service or the India Gov platform.

The NaMo government has a plan of spending around 5000 crore this fiscal under the Digital India initiative, bizarre isn't it ?, if 5000 crore of money will be spending on craps like egreetings portals only God can clarify that will this bring our IT revolution or utter waste of money.A question arises does a egreetings portal needed that badly by Indian public.