"We linked their (Jan Dhan) account with their Aadhar, to their mobile and to the bank. By giving them all the pro-poor subsidies and benefits we have saved Rs 36,000 crore in the last one year because of application of digital technologies," Prasad said addressing the inauguration of India International Trade Fair in the national capital.
Observing that the government wishes "to bridge the digital divide," Prasad, Minister for Information and Technology (IT) said, India is "very soon" going to have 50 crore Internet landline and wireless connections.
He pointed out that in a population of 125 crore, India today has over 103 crore mobile phones (users) and 107 crore Aadhar cards for verifiable digital identity.
Prasad, who also holds the charge of Law Minister, said the government is "not ignorant" of the need for cyber security initiatives to be strengthened further.
We are also encouraging electronic manufacturing in a very big way, he said.
"When our government had came, we had only Rs 11,000 crore of investment. Now it has crossed Rs 1,26,000 crore. In the last one year 40 new mobile manufacturing units have come in India and 10 new units making spare parts. We want to make India a big hub of electronics manufacturing," Prasad said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
