News for the IET
A definitive budget that will take into account India’s digital risingedit
With Internet of Things (IoT) emerging at a rapid pace, ‘data’ has become the new ‘goldmine’. Today, technology is accelerating the creation of an interconnected, data-centric and self-optimising world and is driving transformational change in the Indian economy with significant development, both, in urban and rural areas. IoT is playing a significant role in current technology transformations. What started as a buzzword a few years ago is the top priority for many governments, including India. It has moved beyond tagging and tracking, and has entered diverse domains, enabling a range of business benefits.
Budget ExpectationsDr. Rishi Bhatnagar: Chairman of IET India IoT panelIT sector wants to help the country grow, with aid from the governmentedit
“Initiatives, like making National centre for Artificial Intelligence and building Centre of Excellence in collaboration with universities, will open the path for the youth in India to leverage the new state-of-the-art development infrastructure and upskill themselves to widen the job opportunity pool for themselves, ” said Rishi Bhatnagar, the President of Aeris Communications & Chairman IET IoT Panel India.
Budget ExpectationsDr. Rishi Bhatnagar: Chairman of IET India IoT panelPre-Budget Expectation Quotes – Rishi Bhatnagar, Aeris Communication & Shekhar Sanyal, The IETedit
APN News Business News This Week
Shekhar Sanyal, Director and Country Head, The Institution of Engineering and Technology, “The work environment is changing at a rapid pace, the government needs to set aside resources to ensure that the country creates an ecosystem for the future of work and skill development, to enable Indians to be globally valuable and competitive. The government regulatory framework around skilling and future of skilling and work require continuous research and input which the budget should allow for. We hope to see more provisions for academia to spend on new technologies and expand their facilities to help students with exposure to real-time application of new-age technologies.”
Budget ExpectationsDr. Rishi Bhatnagar: Chairman of IET India IoT panelMr Shekhar Sanyal: Director and Country Head of the IETNews for other PEI
No specific news for PEIsedit
Scroll down for industry specific news
Industry News: Information and Communications
Future robots to be muscle mimicking & self-healing: DRDOedit
Robots of the future would no longer be metallic objects, but made of ‘soft materials’ which are muscle mimicking, self-healing and with hydraulically amplified actuators, a senior DRDO official said here Wednesday. Tessy Thomas, DRDO’s Aeronautical Systems (Aero) Director General said these robots would also be able to perform a wide range of motions, adapt to dynamic environment and work cordially with the human environment.
DefenceRoboticsAI and the social sciences used to talk more. Now they’ve drifted apart.edit
Artificial intelligence researchers are employing machine learning algorithms to aid tasks as diverse as driving cars, diagnosing medical conditions, and screening job candidates. These applications raise a number of complex new social and ethical issues. So, in light of these developments, how should social scientists think differently about people, the economy, and society? And how should the engineers who write these algorithms handle the social and ethical dilemmas their creations pose?
Artificial IntelligenceTechnology creates worth by imitating human cognitionedit
Did you ever think that technology would mimic humans through varied means such as natural language processing, pattern interpretation, and data mining? Well, cognitive technology has indeed made this possible. Cognitive technology will soon be overtaking human actions. Human interaction with technology in the coming years will bring a drastic change which will have a great impact on everybody.
AI
Govt signs MoU with IBM for weather forecastedit
IBM’s Watson Decision Platform will give solution in the field of agriculture through Artificial Intelligence (AI) and weather technology at village or farm level to provide weather forecast and soil moisture information on pro bono basis to help farmers for taking decisions regarding water and crop management for better production and productivity.
Artificial IntelligenceTelcos can’t pay through the nose, need to relook at auction system: Niti Aayog officialedit
Telecom operators need to be financially sound to build up infrastructure and there is a need to review the auction architecture as they cannot pay high prices for spectrum, a senior Niti Aayog official said Wednesday. “We need telcos also to be financially sound. They cannot pay through the nose for spectrum auction. Again, it is not an area of my expertise but my personal view is that we need to relook at the whole auction architecture, not only in the spectrum but also in mining and other areas,” Niti Aayog Special Secretary Yaduvendra Mathur said at Broadband India Forum (BIF) event here.
5G TechnologyDigital CommunicationsIndustry News: Future of Mobility
Budget 2019 Expectations: GST on batteries should be reduced, says MD of Okinawa electric scootersedit
With Union Finance Minister Nirmala Sitharaman all set to present Modi 2.0’s first Full Budget on July 5, expectations and hopes of various traders, industrialists, and other people from the business section are running high. Keeping in mind the big focus on Electric Vehicles that Modi 2.0 has in terms of auto sector, players in EV segment too are sharing their expectations. The manufacturer of Okinawa electric scooters wants GST on batteries to be reduced from the current 18 percent slab to the lowest possible slab. We hope the government would soon announce a concrete plan of action with its time-bound implementation in order to fulfill its stated vision.
Budget ExpectationsElectric VehicleView: Electric vehicles, still far from easy riders edit
The Economic Times
I don’t smoke. Neither do I stay in the national capital region (NCR). And, yet, I have asthma. It’s pollution-related, says my doctor. Last month, NITI Aayog bureaucrats proposed a ban on the manufacturing and sale of three wheelers (like autorickshaws) and 150 cc or less two-wheelers (like scooters) powered by an internal combustion engine (ICE) by 2025, in favour of electric vehicles (EVs). I should have broken into cheers. Well, I did not.
Electric VehiclesWe are working on how to make EVs ultra-affordable: Ola Electric’s Anand Shahedit
Anand Shah, co-founder, Ola Electric and senior VP, Ola Cabs told Mint that the cab aggregator is devising new business models to make electric vehicles viable. One such model involves building a value chain wherein vehicle manufacturer builds and supplies an EV without the battery, which accounts for 40% of the total costs, and letting battery specialists handle the battery ecosystem including swap stations. Shah, who has previously worked with the BMW Group, said that the ride hailing company will need more capital to achieve its target of putting one million EVs on the roads by 2021.
electric mobilityShared MobilityIndustry News: Future of Work
Jobs in IT sector: 2.5 lakh new vacancies coming soon, says govtedit
About 2.5 lakh new jobs will be created in IT sector through comprehensive skill development programmes in the coming months, Union Skill Development and Entrepreneurship Minister Mahendra Nath Pandey said Tuesday.
Future of JobsIT SectorJob OpportunitiesNIIT announces ‘Future Ready Talent’ – an initiative to skill today’s youth for Jobs of the Futureedit
NIIT Limited, a global leader in skills and talent development, announced ‘Future Ready Talent’ an initiative to encourage aspiring professionals to enhance their knowledge through future ready programs, together with their regular academic curriculum.
Future of WorkSkill DevelopmentIndia’s workforce has fewer women than it did six years agoedit
India’s workforce has fewer women than it did six years ago: no more than 18% in rural areas are employed, compared to 25% in 2011-’12 and 14% in urban areas from 15% in 2011-’12. However, in urban areas, the percentage of women in salaried jobs has increased from 35.6% in 2004 to 52.1% in 2017, but continue to be under-represented compared to their presence in self-employed or casual work, according to an analysis of latest government employment data by researchers at the Azim Premji University.
Rural DevelopmentworkforceIoT, AI to create 28 lakh jobs in rural India over decade: BIFedit
Internet of Things (IoT) and Artificial Intelligence (AI) based applications will create over 28 lakh jobs in rural India over a period of 8 to 10 years with an annual value of Rs 60,000 crore, a study by Broadband India Forum (BIF) has shown.
AIFuture of JobsIoTIndustry News: Education
Transformation Of Education For Prosperous Future Aheadedit
Today India is focusing on its 2nd Education revolution and trying to bring out real changes across educational disciplines. As the first revolution saw a flood of engineering and management schools in the 1990s and early 2000s, the focus was more on increasing the number of institutions rather than quality and practical knowledge.
EducationBudget 2019: Education sector to be biggest employer by 2030; needs massive pushedit
By 2030, every second person in India will be associated with the education sector either as a student or as a worker. By employing around 54-80 million workers, roughly 7-8 per cent of the total workforce, the education sector will emerge as the largest employer in the $10 trillion dollar Indian economy in 2030. To support the world’s third largest economy, India needs quality human resources of diverse character, skills and knowledge. Does India have a plan to meet the huge investment needs required to accomplish the knowledge and livelihood aspirations of its young population? Is there a plan in place to create a quality labour force?
Budget ExpectationsEducation