Government invests Rs 500 crore a year for research on Electronics

by | Apr 26, 2016

AI Supercomputing Chip, Intel, chip, high performance computing

Representative Image

Signs MoU with Govt. of India for e-waste awareness

NASSCOM Foundation organized the CSR Leadership Conference. The event  which was graced by Aruna Sharma, IAS, Secretary, Department of Electronics and IT (DEITY) who was the Chief Guest for the occasionSpeaking on the occasion she said, “The government is investing Rs 500 crore per year on research related to electronics products. The research is carried out at incubation centres associated with IITs, Indian Institute of Science and other premier institutes. The research is taking place for medical electronics, nano electronics etc at the incubation centre.  If any of you want to invest in that particular sector, this is where we under CSR are looking for a handholding

“The research is taking place for medical electronics, nano electronics etc at the incubation centres”, she added.  “Now the association and CSR could be adjoined in the incubation centre itself if the topic of research if of interest to you and your company. You can work with the researchers and take a call,” Sharma said. She also handed a list of products which are completely commercialized to Nasscom and also of those products, which are on the verge of being commercialized and the third one where they are still under the incubation centres.

(L-R): Shrikant Sinha, CEO, NASSCOM Foundation; Unidentified person; Ganesh Natarajan, Chairman, NASSCOM Foundation; Dr. Aruna Sharma, IAS, Secretary, Department of Electronics and IT (DEITY); BVR Mohan Reddy, Foremer Chairman, NASSCOM

(L-R): Shrikant Sinha, CEO, NASSCOM Foundation; Unidentified person; Ganesh Natarajan, Chairman, NASSCOM Foundation; Dr. Aruna Sharma, IAS, Secretary, Department of Electronics and IT (DEITY); BVR Mohan Reddy

During the conference, a deal between Deity and Nasscom Foundation was also announced, wherein the foundation has been entrusted upon the responsibility of sensitising citizens across the country on e-waste, its health and environmental hazards and its responsible disposal.

The foundation announced that it has secured grants in excess of Rs 50 crore for financial year 2016-17. The foundation, being the industry partner to government for the National Digital Literacy Mission, has been able to reach its target of over 100 centres across India for the year and aims to make over 75,000 households become digitally literate.

Speaking at the occasion, Ganesh NatarajanChairman, NASSCOM Foundation, said, “NASSCOM Foundation is aware of the responsibility entrusted to it by the industry and the government and is taking all the steps in the right direction to enable the best use of the industry CSR funds. I am proud to state that the coming year will see the foundation spend increase five folds in its attempt to come closer to its goal of creating a truly inclusive India by using technology for creating a positive social change.” 

Shrikant Sinha, CEO, NASSCOM Foundation said,” Our ongoing partnership with so many  corporates  is a great example of how CSR money can be used for the benefit of millions across the country – improving their livelihood and income prospects, creating a real impact in the community. It’s a great way to achieve inclusion in society.”

NASSCOM Foundation announced that on the back of its successful partnerships with corporates like Amdocs, Aricent, Atos, Cisco, Capgemini, Cognizant, Cyient, Ericsson, Exl, Genpact, Google, HP, Intel, Infosys, Microsoft, Mothercare, Mphasis, Persistent, SAP, Sears, Symantec, Syntel, Wells Fargo and Zensar Technologies among others which has been growing year on year.

About NASSCOM Foundation

NASSCOM Foundation is a leading non-profit organization driving technology for good.  The Foundation’s work is just as expansive and evolutionary as the potential that technology and corporate India entail. Drawing strength from its parent body NASSCOM, the Foundation works closely with four major stakeholders: NASSCOM member companies, NGOs, emerging social enterprises and Government. NASSCOM Foundation’s core initiatives include working for Persons with Disabilities, fostering innovative solutions for social good, creating unique skilling models for underserved communities, and digital literacy where it is the industry partner to the Govt. of India’s National Digital Literacy Mission (NDLM / DiSHA) and Digital Libraries.

PRESS RELEASE

Share This Article!

Brian Pereira
Brian Pereira
Brian Pereira is an Indian journalist and editor based in Mumbai. He founded Digital Creed in 2015. A technology buff, former computer instructor, and software developer, Brian has 29 years of journalism experience (since 1994). Brian is the former Editor of CHIP India, InformationWeek India and CISO Mag. He has served India's leading newspaper groups: The Times of India and The Indian Express. Presently, he serves the Information Security Media Group, as Sr. Director, Editorial. You'll find his most current work on CIO Inc. During his career he wrote (and continues to write) 5000+ technology articles. He conducted more than 450 industry interviews. Brian writes on aviation, drones, cybersecurity, tech startups, cloud, data center, AI/ML/Gen AI, IoT, Blockchain etc. He achieved certifications from the EC-Council (Certified Secure Computer User) and from IBM (Basics of Cloud Computing). Apart from those, he has successfully completed many courses on Content Marketing and Business Writing. He recently achieved a Certificate in Cybersecurity (CC) from the international certification body ISC2. Follow Brian on Twitter (@creed_digital) and LinkedIn. Email Brian at: [email protected]
Recommended Posts
The Rise of AI Agents in Business

AI agents are revolutionizing how businesses operate, innovate, and engage with customers while reshaping workforce dynamics and decision-making processes.

The First 90 Days Are Crucial for the CISO and CIO

This book arms you with insights into crafting a robust 90-day plan, and you’ll be well-equipped to catapult into CIO or CISO roles successfully. Beyond technical proficiency, the book instills survival skills, ensuring longevity and helping you prevent burnout in these pivotal positions.

Similar Articles

Return to Business as Unusual
Return to Business as Unusual

Remote working is no longer a benefit, luxury or convenience. It’s also more than a current make-do for organizations looking to conduct business as usual.