UK minister invites Indian Govt., private sector to build technical hub

Image
ANI New Delhi
Last Updated : Sep 13 2013 | 4:10 PM IST

Britain's Minister for the Cabinet Office, Mr. Francis Maude, has expressed his country's willingness to work with both the Indian Government and private organisations to build technical hubs for innovation and creativity.

Delivering a talk on UK-India digital partnership at Observer Research Foundation, Mr Maude said the UK is well placed to work with government and organisations that are keen to build such hubs.

He noted that places like Cambridge and London's Tech City have already become incubators for innovative and creative start-up companies.

Maude said UK has established an Efficiency and Reform Group to focus government departments on achieving significant savings without impacting frontline services - delivering more for less. This approach resulted in 10 billion pounds in efficiency savings, through re-negotiating contracts, cutting projects, and procurement reform.

Now the government is aspiring to save 20 billion pounds a year by 2015, the Minister said.

He also announced the new Chevening TCS Cyber Policy Scholarship, which is being sponsored by the Tata Consultancy Services.

The talk and the question and answer session was moderated by Virat Bhatia, Chair, FICCI Committee on Communication and Digital Economy.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 13 2013 | 3:59 PM IST

Next Story