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Industry News: Information and Communications
Nasscom Shares Recommendations For Upcoming Union Budget 2019-20edit
The National Association of Software and Services Companies (NASSCOM) has shared its recommendations for the upcoming Union Budget 2019-20. With just a few days to go for the Union Budget, these suggestions are aimed at addressing the needs of the IT-ITeS industry. The recommendations have also been shared with the Ministry of Electronics and Information Technology (MeitY) and have highlighted the requirements that will be beneficial for the IT industry for FY 2020.
BudgetIT IndustryCorrecting And Identifying The Blind Spots In Artificial Intelligenceedit
A novel model developed by MIT and Microsoft researchers identifies instances in which autonomous systems have “learned” from training examples that don’t match what’s actually happening in the real world. Engineers could use this model to improve the safety of artificial intelligence systems, such as driverless vehicles and autonomous robots.
Artificial IntelligenceWhen it comes to the internet of things, small things make a big impactedit
Recent studies predict that by 2025 there may be as many as 100 billion internet of things (IoT) devices deployed worldwide. That’s roughly 14 connected devices or sensors for every person on Earth.
Internet of ThingsIndustry News: Future of Mobility
EV makers seek lower duty on components, batteriesedit
That apart, the electric vehicle industry is also rooting for more structural reforms in the eco system. SMEV recommends a notional green cess on all internal combustion engine vehicles to create a corpus and making EVs and infrastructure an integral of the Smart City project, said Sohinder Gill, director general, Society of Manufacturers of Electric Vehicles (SMEV).
Electric VehiclesIndustry News: Future of Work
AI to be the single most disruptive technology to shape future jobsedit
Some of the other new areas witnessing traction are cloud computing, blockchain, internet of things (IoT), quantum computing and security. These technologies will necessitate new skills and roles, opening up possibilities for the talent pool and nextgeneration of professionals.
AIFuture of JobsIndustry News: Education
AICTE chief moots industry-institute interactionedit
All India Council for Technical Education (AICTE) Chairman Anil D Sahasrabudhe has underscored the importance of industry-institute interaction.
Engineering
India has emerged as educational hub, home to some of the best institutions: Sushma Swarajedit
There are about 6,000 foreign students studying in India under various scholarships of ICCR and this number is increasing every passing year,” she said.
EducationWhat ails and what spurs higher education system in India?edit
India will have world’s largest tertiary age population by end of 2020. Higher education makes human resource development possible and 21 st century is known as the “Knowledge Century” and the global slogan is “Innovation”.
Higher EducationIndustry News: Skilling
Focus on skill development, creativity at university level education to become employableedit
Gone are the days when a degree was good enough to fetch a job. Today, ones employment opportunity can be snatched by Artificial Intelligence (AI) and robot. Thus, creativity and focus on skill development while in the university to stay relevant is the only way forward.
Skill DevelopmentHere’s how Budget 2019 will address the gaps in corporate learning in Indiaedit
There is a dire need to transform the education system into one that offers skill-based training in order to keep professional skill-sets in line with industry demands.
Skill Based Training