financetom
Business
financetom
/
Business
/
Cabinet approves creation of 12-member 'Technology Group' for policy advice, R&D
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cabinet approves creation of 12-member 'Technology Group' for policy advice, R&D
Feb 19, 2020 10:15 AM

The Union Cabinet on Wednesday approved the constitution of an empowered 'Technology Group' and mandated it to render timely policy advice on the latest technologies.

The cabinet chaired by PM Narendra Modi has decided that the group will have 12 members with the Principal Scientific Adviser to the government as its chair.

The group has been asked to also map technology and technology products, commercialisation of dual-use technologies developed in national laboratories and government R&D organisations, developing an indigenisation road map for selected key technologies, and selection of appropriate R&D programs.

Technology Group has been tasked to ensure:

that India has appropriate policies and strategies for effective, secure and context-sensitive exploitation of the latest technologies for economic growth and sustainable development of Indian Industry, in all sectors;

to advise the Government on priorities and strategies for research on emerging technologies across sectors;

to maintain an updated map of technology and technology products available, and being developed, across India;

to develop indigenization roadmap for selected key technologies;

to advise the Government on its technology supplier and procurement strategy;

to encourage all Ministries and Departments as well as State Governments to develop in-house expertise in policy and use aspects of emerging technologies such as data science and artificial intelligence, and to this end develop an approach to training and capacity building

to formulate policies for sustainability of public sector technology at PSUs/Labs while encouraging cross-sector collaborations and research alliances with Universities and Private Companies; and

to formulate standards and common vocabulary to apply in vetting of proposals for R&D

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Teekay Tankers Q1 Adjusted Earnings, Revenue Decline
Teekay Tankers Q1 Adjusted Earnings, Revenue Decline
May 9, 2024
05:47 AM EDT, 05/09/2024 (MT Newswires) -- Teekay Tankers ( TNK ) reported Q1 adjusted earnings Thursday of $3.86 per share, down from $5.13 a year earlier. Analysts polled by Capital IQ expected $3.70. Revenue for the quarter ended March 31 was $338.3 million, down from $394.7 million a year earlier. Price: 63.49, Change: -0.05, Percent Change: -0.08 ...
Equinox Gold's Q1 Adjusted Loss Widens, Revenue Rises
Equinox Gold's Q1 Adjusted Loss Widens, Revenue Rises
May 9, 2024
05:48 AM EDT, 05/09/2024 (MT Newswires) -- Equinox Gold ( EQX ) posted a Q1 adjusted loss Wednesday of $0.04 per diluted share, widening from a loss of $0.03 a year earlier. Analysts polled by Capital IQ expected a loss of $0.05. Revenue for the quarter ended March 31 was $241.3 million, compared with $234.1 million a year earlier. A...
China's Xi Jinping to talk Ukraine, investment on last European stop Hungary
China's Xi Jinping to talk Ukraine, investment on last European stop Hungary
May 9, 2024
* Xi Jinping on his first European tour in five years * Xi in Hungary after visiting France and Serbia * China and Hungary expected to sign 16 to 18 cooperation deals * Hungary a big supporter of China's Belt and Road infrastructure project By Anita Komuves BUDAPEST, May 9 (Reuters) - Hungarian soldiers on horseback joined President Tamas Sulyok...
ASE Technology April Revenue Increases
ASE Technology April Revenue Increases
May 9, 2024
05:52 AM EDT, 05/09/2024 (MT Newswires) -- ASE Technology Holding ( ASX ) reported April net revenue Thursday of 45.82 billion New Taiwan dollars ($1.43 billion), up from NT$45.66 billion in March. The April net revenue figure is also up from NT$43.32 billion a year earlier. Price: 10.00, Change: -0.44, Percent Change: -4.21 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved