Prime Minister Narendra Modi inaugurated World Information Technology Congress (WITC) 2018 in Hyderabad, Telangana via video conference.World Information Technology Congress (WITC) 2018 was inaugrated with The theme of ‘Future Enterprises’.
World Information Technology Congress (WITC) 2018 was hosted by the Telangana Government which is the state partner of the event and which works in association with country’s top IT body, National Association of Software and Services Companies (NASSCOM) and global IT organization World Information Technology and Services Alliance (WITSA). Nasscom is the host of the of WCIT or World Information Technology Congress.The three-day WCIT is being held along with the NASSCOM India Leadership Forum.
World Information Technology Congress (WITC) :
WITC or World Information Technology Congress aims to provide single platform to IT experts, policy and decision makers and Government officials across the world together to discuss about the importance of different types of challenges and possible solutions to them.It was first held in 1978 since then held after every two years. The 2014 WITC was held in Mexico and had focused on the theme of ‘Digital World’ and 2016 edition was held in Brasilia, Brazil.
National Association of Software and Services Companies (NASSCOM):
It is a trade association of Indian Information Technology (IT) and Business Process Outsourcing (BPO) industry.NASSCOM is headquartered in New Delhi.It is a non-profit organization and aims to facilitates business and trade in software and services and promotest the theadvancement of research in software technology.
- PM Modi inaugurated the World Congress on Information Technology (WCIT) 2018, by addressing the delegates through video conference from New Delhi. Representatives various from IT industries or departments from around 80 countries took part in the conference.
- The Conference has been inaugrated by PM Modi ensuring empowerment of every citizen, Digital India is a journey bringing about digital inclusion for digital empowerment aided by digital infrastructure for digital delivery services.
Modi claimed that Digital India has not remained merely a government initiative but has become a way of life.
- PM Modi further ensured that digital literacy reaches each household, the government initiative, Pradhan Mantri Rural Digital Literacy Mission, will make 60 million adults digitally literate in rural India.
In a major ‘reform’ in the coal sector since its nationalisation in 1973, the Cabinet Committee on Economic Affairs (CCEA) has approved methodology for auction of coal mines/blocks for sale of coal to private sector under Coal Mines (Special Provisions) Act, 2015 and Mines and Minerals (Development and Regulation) Act, 1957.
The opening up of commercial coal mining for the private sector is the most ambitious coal sector reform since the nationalisation of this sector, medium as well as small mines would be offered to private companies for mining. coal and railways minister Piyush Goyal detailed that the reform is expected to bring efficiency in the coal sector by moving from an era of monopoly to competition after Announcing the decision taken by the Cabinet Committee on Economic Affairs (CCEA).
The Mines and Minerals (Regulation and Development) Act (1957) :
It is an Act of the Parliament of India enacted to regulate the mining sector in India. This Act was amended in 2015 and 2016. It forms the basic framework of mining regulation in India.This act is applicable to all mineral except coal, minor minerals and atomic minerals. It focuses on the process and conditions for acquiring a mining or prospecting licence in India.
Coal Mines (Special Provisions) Act, 2015:
The objective of this act is to empower the government to allocate the coal mines on the basis of competitive bidding to ensure continuity in coal mining operations and promote optimum utilization of coal resources.
It facilitates finalization of factual reports on the accomplishments of the Ministries, Agencies and Public Sector Undertakings involved in implementation of prioritized schemes or projects for evaluation by the Prime Minister. The CCEA also lays down priorities for public sector investment and considers specific proposals for investment of not less than specific levels (Rs. 3 Billion at present) as revised from time to time.the CCEA decides An increase in the prices of essential commodities or bulk goods under any form of formal or informal control .
Key Points: Coal Mines (Special Provisions) Act, 2015
- The reform will bring efficiency into the coal sector by moving away from the era of monopoly (of CIL) to competition and lower power tariffs.This great move will lead to higher investments and create lakhs of direct and indirect jobs.
- The decision was taken by the the Cabinet Committee on Economic Affairs (CCEA) under the chairmanship of Prime Minister Narendra Modi.
- This Move will increase competitiveness and allow the use of best possible technology into the sector. The higher investment will create direct and indirect employment in coal bearing areas especially in mining sector and will have an impact on economic development of these regions.
- The opening up of commercial coal mining for private sector is the most ambitious coal sector reform since the nationalisation of this sector in 1973.India is said to have coal reserves of up to 300 billion tonnes.