Tag: ecosystem

  • Budget 2023-24 To Strengthen E-Gov Ecosystem In JK

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    SRINAGAR: The budget for 2023-24 fiscal will further strengthen the e-governance initiatives of JK government with emphasis on extending e-offices to all offices besides creation of online census management system.

    The JK’s e-Governance policies have shown tremendous improvement in elevating the citizen satisfaction level regarding implementation of schemes and programmes being launched by the UT administration for their socio-economic emancipation.

    “The accelerated digital transformation and adoption of emerging technologies by the UT dispensation has greatly helped the administration become more open, transparent and develop new delivery models to ensure people can access e-Services conveniently”.

    The government has kept a provision, in this budget, for introducing an intelligent framework for ensuring an amazing Intelligent Ticket Management System by JKRTC for smooth, hassle free journey of passengers.

    The budget also proposed creation of e-invoice system of GST, GST Data Triangulation and transition of GST IN into GST Prime besides extension of E-Bill system in PWOMAS to other departments. Besides, 445 services have already been offered in online mode across all the departments and many of them are being integrated with the quality check and feedback-seeking mechanism. These services are also being on boarded on the digital portal of e-UNNAT, Service Plus and Digi Locker platforms for the ease and free access of the general public.

    In another milestone towards e-governance, e-way bill would be linked to Fastag and VAHAN for smooth journey of commuters on national highway.

    According to an official spokesperson, the government will create single unique helpline to address the concerns of people of J&K.

    “Jammu & Kashmir tops among all the Union Territories of India in e-Governance services delivery, which has also enabled the UT to save around Rs 200 crore annually that were used to be incurred in carriage of physical files during the annual durbar move between the two capital cities of Jammu and Srinagar”.

    J&K has become the first UT in the country to have Good Governance Index and was also first to launch District Good Governance Index for 20 districts of the Union Territory.

    In a short span, the government has taken a giant leap in creating user-centric service delivery system and paperless administrative functions through e-Office.

    “Technology has redesigned the rules and procedures bringing accountability and transparency in the system and enabling us to provide services more effectively and efficiently,” the official added.

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    #Budget #Strengthen #EGov #Ecosystem

    ( With inputs from : kashmirlife.net )

  • Apple India retail store to boost overall ecosystem experience for users: Experts

    Apple India retail store to boost overall ecosystem experience for users: Experts

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    New Delhi: Apples own brick-and-mortar store in India will further strengthen the overall experience of being in an Apple ecosystem for its fans in the country, experts said on Wednesday.

    With its own branded retail store — the first one being opened in Mumbai this month — Apple will be able to control end-to-end user experience which will further take its brand image to another level.

    “We have seen many stories around the world about consumers sharing positive purchase experiences from the Apple branded stores and India will be no different,” Counterpoint Research Director Tarun Pathak told IANS.

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    Apple has finally lifted the curtains off its much-awaited own branded retail store at Jio World Drive Mall in Mumbai, officially marking the upcoming opening of Apple BKC.

    Inspired by the iconic ‘Kaali Peeli’ taxi art unique to Mumbai, the Apple BKC creative includes colourful interpretations of the decals combined with many Apple products and services that will be available for our customers to discover.

    According to Counterpoint data, Mumbai contributed 10 per cent of iPhone sales and the second largest for Apple, after Delhi, in 2022.

    Over the past couple of years, Apple’s India strategy has been coming along well, including increased domestic manufacturing, aggressive marketing and affordability initiatives, and the success of the Apple India Online store.

    “Offline retail continues to be critical for all consumer tech companies in a large, diverse market like India. Indian Consumers love to touch, feel and explore the products, before making their purchase considerations,” Prabhu Ram, Head, Industry Intelligence Group, CMR, told IANS.

    Interestingly, the premium smartphone segment in India has been growing in double digits.

    “The Apple-owned flagship retail stores come with favorable tailwinds, and are a critical lynchpin in Apple’s bid to win the India market. Apple’s retail stores globally set a standard in terms of consumer experience, staff knowledge and expertise, and the service standards, beyond products,” Ram noted.

    Apple will launch a retail store in New Delhi at a later date.

    Apple sold 2 million iPhones in India in the holiday quarter (Q4) of 2022, registering 18 per cent growth (quarter-on-quarter) for its flagship device.

    The India market share of iPhones reached 5.5 per cent for 2022, an 11 per cent growth (year-on-year).

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    #Apple #India #retail #store #boost #ecosystem #experience #users #Experts

    ( With inputs from www.siasat.com )

  • Collapse of Silicon Valley Bank to impact Indian startup ecosystem: Experts

    Collapse of Silicon Valley Bank to impact Indian startup ecosystem: Experts

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    Washington: The collapse of Silicon Valley Bank, the largest vendor in the startup ecosystem, is likely to adversely impact the Indian startup scenario as well as it has injected a lot of uncertainty in the sector overnight, industry experts say.

    “Hopefully the matter will get resolved, but I think it is a big hit for Indian startups,” Ashu Garg, a prominent Silicon Valley-based venture capitalist and early-stage investor for over two decades, told PTI in an interview.

    California-based Silicon Valley Bank (SVB), the 16th largest bank in the United States, was closed on Friday by the California Department of Financial Protection and Innovation which later appointed the Federal Deposit Insurance Corporation (FDIC) as its receiver.

    The FDIC, in a statement, said as of December 31, 2022, the Silicon Valley Bank had approximately USD 209.0 billion in total assets and about USD 175.4 billion in total deposits. At the time of closing, the amount of deposits in excess of the insurance limits was undetermined. The number of uninsured deposits will be determined once the FDIC obtains additional information from the bank and customers.

    “The reality is that the Silicon Valley Bank has been a real supporter of the Indian startup scene and has provided banking services. Most Indian startups that do business in the US use this bank because it is one of the few institutes willing to work with the Indian banks. A lot of the banking institutes do not want to work with overseas customers,” Garg, an alumnus of IIT Delhi, said.

    “So, SVB has been able to work with the Indian companies that do not have US employees. So if they (are gone), it will be very problematic for the Indian (companies),” he said in response to a question.

    Over the past several years, SVB has been one of the most preferred choices of banking for startups and tech industry in the Silicon Valley, mainly because of its understanding of the industry and flexibility in many aspects suiting the startup ecosystem.

    Given that every third startup in the Silicon Valley is founded by Indian-Americans, experts feel a significantly large number of these founders would be impacted as early as next week in terms of even making basic payments and giving paychecks to their employees.

    Similarly, a large number of Indian startups which do not have even an employee or an office in the US had opened up their accounts in the Silicon Valley Bank as it let them do so without much regulatory questions and with a customer-friendly approach.

    The implications of the collapse of SVB on Indian-Americans and their companis are very serious, Garg said.

    “The Silicon Valley Bank is the largest vendor to the startup ecosystem. So now you have all these loans. You do not know what is going to happen if the loans get sold and get called.

    “Besides, a lot of fintech also depends on the Silicon Valley Bank… So you probably saw Rippling, which is a payroll company, unable to issue payroll because their underlying bank is the Silicon Valley Bank. It also has potential implications for the banking system in the US and the rest of the world,” the venture capitalist said.

    A group of Silicon Valley-based venture capitalists after a meeting to discuss the aftermath of the bank’s downfall said the events that unfolded over the past 48 hours have been deeply disappointing and concerning.

    “In the event that SVB was to be purchased and appropriately capitalised, we would be strongly supportive and encourage our portfolio companies to resume their banking relationship with them,” it said in a joint statement released by Indian-American Navin Chaddha, an early stage investor.

    ” SVB has been an early partner for many of our companies at Battery Ventures through the ups and downs of company building. The last 48 hours unfolded in ways we could have never imagined, but now is the time to back our partners and we strongly support our companies working with SVB as and when we have more clarity on their path forward,” he said.

    Indian-American Congressman Ro Khanna, who represents Silicon Valley in the House of Representatives, said the FDIC needs to investigate short sales over the past few months by executives, and at minimum, there should be a clawback with penalties of profits made.

    “This should go to non-profits like Sunnyvale Community Services who are worried about losing SVB deposits and paying mortgages,” he demanded.

    Indian-American presidential candidate Vivek Ramaswamy said the American taxpayers should not bail out the likes of Prince Harry and Meghan Markle.

    “If you want to make deposits at the Silicon Valley Bank, that is your business. But I did not hear the tech industry’s intelligentsia calling for bailouts of East Palestine last month,” he said.

    Meanwhile, Indian-American Rohit Chopra, the director of the Consumer Financial Protection Bureau, is tasked with protecting the consumers interest in the case. He is also one of the FDIC directors.

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    #Collapse #Silicon #Valley #Bank #impact #Indian #startup #ecosystem #Experts

    ( With inputs from www.siasat.com )

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  • Govt Committed To Nurture, Build Robust Entrepreneurship Ecosystem: JKEDI Director

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    SRINAGAR: To nurture an entrepreneurial spirit and innovative thinking among youth, Jammu and Kashmir entrepreneurship development institute (JKEDI) today organized a day-long entrepreneurship awareness programme (EAP) in coordination with Himalayan Degree College at Rajouri.

    Ajaz Ahmad Bhat, Director, JKEDI attended the event as the chief guest. He is on a tour to twin border districts of Rajouri and Poonch.

    In his address, he commended the initiative of Himalayan Degree College, Rajouri for imbibing a spirit of leadership among the students. “This spirit acts as a guiding philosophy for the holistic development of students,” the director said, discussing his experience of the overall entrepreneurial scene in J&K.

    With a special emphasis on his tenure in the Industries and Commerce Department and Horticulture Department, he spoke about the learning he gained from his service career. He elucidated how the various policies of the UT Government have encouraged the spirit of entrepreneurship.

    He added that the need of the hour was to generate consciousness among parents to foster entrepreneurship culture in children.

    The Director also enumerated the benefits of the term loan scheme under National Minorities Development and Finance Corporation (NMDFC) and how this initiative of the Government is generating self-employment amongst the minority community. “There is no dearth of innovation and initiative among the youth of J&K. They should set up entrepreneurial ventures rather than wait for government jobs. A focus should be placed on the creation of enterprises that make use of locally available raw materials. Unemployment is a serious challenge for all of us and only entrepreneurship is the way forward,” he added.

    The gathering was also informed that the Government is revising the Guidelines of J&K Startup Policy in order to make it more startup-friendly. “This will boost the startup ecosystem of the UT and will help the innovators and aspiring entrepreneurs in J&K. We need a robust startup ecosystem in the UT. We have to nurture the innovation and passion of our youth in a positive direction. The Government is committed to this goal,” said Ajaz Ahmad Bhat.

    The Director further added that the Institute was in the process of starting short-term courses in entrepreneurship for school and college students. The aim behind starting such courses was to enable young minds to develop an entrepreneurial mindset at an early stage and equip them to counter the challenges of building a new venture. In the coming days the Institute is releasing a compendium of various entrepreneurship and self-employment related schemes. This will be a great help for the youth of the UT and will enable them to make informed career choices.

    The Director thanked Himalayan Education Mission Society for their cooperation and support to make this event successful. He directed all the District Nodal Officers of the Institute to provide free counselling in their office and display telephone numbers so that people can reach out and start a profitable venture. In addition to this, two model counselling control rooms have been established at the regional campuses of Pampore and Jammu.

    Dr. Mehraj Ud Din Bhat and Vishal Ray, senior faculty members of JKEDI gave an overview of how to start a new business. They also gave a presentation highlighting the prerequisites to becoming a successful entrepreneur. Hundreds of aspiring entrepreneurs and students attended the event. Mohammad Muslim Wani, Chairman, Himalayan Degree College, Rajouri, Arif Ahmad Khan, Communications Officer, JKEDI, Sheikh Nowsheen, District Nodal Officer, JKEDI Rajouri, Adil Rasool, Manager Estates, JKEDI and Showkat Ahmad, Social Worker, were also present on the occasion.

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    #Govt #Committed #Nurture #Build #Robust #Entrepreneurship #Ecosystem #JKEDI #Director

    ( With inputs from : kashmirlife.net )

  • Security agencies have launched final assault on terror, its ecosystem in J&K: LG Manoj Sinha

    Security agencies have launched final assault on terror, its ecosystem in J&K: LG Manoj Sinha

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    Jammu, Jan 26: Jammu and Kashmir’s Lieutenant Governor Manoj Sinha Thursday said that security agencies have launched final assault on militancy and its eco-system to ensure everlasting peace in the Union Territory.

    Addressing the Republic Day gathering at Moulana Azad Stadium Jammu, LG Sinha, as per news agency—Kashmir News Observer (KNO) said that the morale of security forces is high in J&K and all efforts to destabilize the peace is being given a befitting reply.

    “Sustained efforts of our security agencies have resulted in a marked decrease in terrorist incidents in Jammu and Kashmir. The security grid has been strengthened and anti-terror operations have been intensified through direct attacks on the ecosystem that supports and finances terror,” he said during address.

    Last year, 180 terrorists were neutralized, or there has been a corresponding reduction of 55% in civilian killings and 58% in the martyrdom of security forces,” the LG said adding, “Befitting reply is being given to narco-terrorists and seizures and arrests in Narco-terror cases have increased”.

    “Security agencies are busy in the last assault on the terror, its ecosystem and its supporters to ensure everlasting peace in the UT,” Sinha said.

    The LG said that the administration and the Centre has taken a series of steps for the welfare of security agencies operating in J&K.

    Lieutenant Governor Manoj Sinha further said that upcoming G-20 meeting in Jammu and Kashmir is a “message to the enemies of humanity” and urged people of the Union territory to come forward and make it an “inclusive” event.

    “The G-20 meeting being held in Jammu and Kashmir in May this year is a message to the enemies of humanity who were attacking the interests of our citizens through cowardly acts of terrorism for decades,” Sinha said.

    He said that Jammu and Kashmir, which is an integral part of India, is the “life blood” of the country. Sinha said it is the guiding lamp of the civilization and “eternal sound of our social consciousness”.

    “Jammu and Kashmir today stands tall with self-confidence, encompassing the great heritage and cultural values of the world’s largest republic. Today, J&K is marching forward on the path to progress,” he said.

    “I urge every section of the society to come forward and make the G-20 an inclusive event,” the LG said.

    He said that Jammu and Kashmir is not just a geographical entity but a vibrant and radiant ecosystem, where different faiths are the guiding force of inclusive culture.

    “Jammu and Kashmir is a rhythmic dialogue of social, cultural values, plurality and tolerance. It is the aura of self-confident India. Harmukh, Amarnath, Pir Panjal and Trikuta Hills are the highest peaks of our spiritual heritage.

    “The waves of Jhelum, Chenab and Tawi rivers reflect the essence of our intellectual and spiritual experiences. Since times immemorial the spiritual energy and blessings of Mata Vaishno Devi, Sudh Mahadev, Budha Amarnath have guided our society,” he said.

    Sinha said that for decades, the development and aspirations of common people were held hostage by “exploitative and anti-developmental” land laws.

    “Over the last two years, land owners have been empowered through a series of land reforms. Legal action is being taken against influential people who had illegally encroached upon the government land,” he said.

    The LG said the people are at the centre of governance. “We have ensured that the interests of common citizens are protected and that they are not impacted by the campaign to remove illegal encroachments. We have been successful to a great extent in curbing corruption by issuing land passbooks in three languages.”

    He said that so far, 28 lakh such passbooks have been distributed, and revenue records are being demystified for eliminating the possibility of manipulation.

    Similarly, the new land-use laws have ensured that people get a reasonable and fair price for their land and the interest of farmers are protected, he said.

    On Kashmir migirants, he said that the administration received 8400 applications from Kashmiri Pandits, whose land and property was grabbed forcibly in 1990. “Administration is working to ensure such properties are retrieved and handed over to KPs,” he said.

    “The Kashmir Migrant Portal, which was launched in September last year for registering grievances for illegally encroached properties during the 1990s, has registered 8408 applications and action has been taken on 6336 applications, resulting in removal of encroachment on 2608 kanals of land,” he informed.

    On Package and reserved category employees, “The administration is trying to solve the problems of Kashmiri Pandit brothers and sisters with utmost sensitivity. Their safety is our topmost priority. All PM package and minority employees working in the Kashmir valley have been deployed at safe places. A nodal officer has been appointed in the Raj Bhavan and in every district to resolve issues related to their security and other problems,” he said and further added that long-standing issue of availability of land for their accommodations has been resolved, and construction of 3000 accommodations for our Kashmiri Pandit brothers and sisters shall be completed this year.

    Although, recruitment under the Prime Minister’s Package and reserved categories is on the strength Kashmir Division cadre, the issue of their transfer is being examined by an empowered committee.

    He said a series of developmental initiatives are going on in J&K to push the UT to new heights of achievements. “Srinagar and Jammu will soon have metros, the tubes on the Srinagar-Jammu highway are also being set up on war footing,” the LG said as per KNO.

    He said that for the first time, J&K will have a Women Industrial Estate while promotions of almost 2000 officers that didn’t take place since 2001 are being cleared. The LG said that the special focus of the administration is on the youth as J&K’s 70 per cent economy is dependent on agriculture.

    On digital reforms, the LG said, in just two years, we have laid the foundation of a new digital society and bridged the digital divide to a great extent.

    “In the last one year, Jammu and Kashmir recorded 11 lakh e-transactions per day, which is about 48,000 e-transactions per hour. All applications for Government services have been made online from January 15th and 400 services have been integrated into the feedback mechanism for monitoring the quality of service. Further, 250 online services have been brought under the Public Service Guarantee Act to ensure delivery of these services within stipulated time frame and easy redressal of grievances through integration with the auto appeal system,” he said.

    The Jammu and Kashmir also said that government has achieved something remarkable in terms of education.

    “After three decades of stagnation, schools were operational for 200 days last year, which is a statement of an emerging vibrant society that has broken free from shackles of the past,” he said during his speech adding, “In the realm of school education, emphasis is being laid on increasing enrolment, access to quality education, retention and introduction of an educational framework that sparks curiosity in children, focuses on value based education and makes them passionate about studies.”

    70,000 children have been taken to classrooms through the “Aao School Chalein” campaign. We recorded a 17.87% increase in enrollment in the year 2022 through special focus on early child care and education.

    On Tourism

    “A record 1.88 crore tourists visited Jammu and Kashmir last year, which is the highest since independence. Infrastructure are being strengthened at Mata Vaishno Devi, Construction work of Mantalai Wellness Center has been completed at a cost of Rs. 80 crore and the design of Katra Multi Modal Station has been finalized.

    He added that after the launch of the New Film Policy in 2021, Jammu and Kashmir has emerged as the favourite shooting destination for film industry and permission has been granted for shooting of 150 films and web series in less than two years.

    Industry

    The LG said that for the first time in the last seven decades of independence, Jammu and Kashmir is witnessing an Industrial Revolution.

    “It has opened up doors of immense possibilities for the new generation. Private investment proposals worth Rs. 66,000 crore have been received within a period of around one year, during which 1455 industrial units started their operations,” he said.

    “The foundation stone of Emaar Group Shopping Mall and IT Tower shall be laid in March, 2023 and 52 other industrial units will also start their operations during the same month. Further, land has been allotted to 1711 industrial units which is also a new record in the industrial history of Jammu and Kashmir.

    “Another 77 industrial units are being developed on private land and in the last three years, 500 start ups have come up which have ushered in a new social revolution. Sincere efforts are being made to revive the handloom and handicraft sector,” the LG said, adding, “We are committed to provide training, design, technology inputs like GI tag and such other infrastructural support as are required for quality, branding and boosting global demand for our handicraft products”—(KNO)

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    #Security #agencies #launched #final #assault #terror #ecosystem #Manoj #Sinha

    ( With inputs from : roshankashmir.net )

  • Security agencies have launched final assault on terror, its ecosystem in J&K: LG Manoj Sinha

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    Jammu, Jan 26: Jammu and Kashmir’s Lieutenant Governor Manoj Sinha Thursday said that security agencies have launched final assault on militancy and its eco-system to ensure everlasting peace in the Union Territory.

    Addressing the Republic Day gathering at Moulana Azad Stadium Jammu, LG Sinha, as per news agency—Kashmir News Observer (KNO) said that the morale of security forces is high in J&K and all efforts to destabilize the peace is being given a befitting reply. “Security agencies are busy in the last assault on the terror, its ecosystem and its supporters to ensure everlasting peace in the UT,” Sinha said.

    The LG said that the administration and the Centre has taken a series of steps for the welfare of security agencies operating in J&K. He said that the administration received 8400 applications from Kashmiri Pandits, whose land and property was grabbed forcibly in 1990. “Administration is working to ensure such properties are retrieved and handed over to KPs,” he said.

    He said the J & K situation was returning to normalcy and the evil designs of the enemy is being foiled. The LG said that this year, the year 2022 saw 55 per cent decrease in the civilian killings and the there is a significant dip in the killing of security forces personnel as well.

    He said a series of developmental initiatives are going on in J&K to push the UT to new heights of achievements. “Srinagar and Jammu will soon have metros, the tubes on the Srinagar-Jammu highway are also being set up on war footing,” the LG said as per KNO.

    He said that for the first time, J&K will have a Women Industrial Estate while promotions of almost 2000 officers that didn’t take place since 2001 are being cleared. The LG said that the special focus of the administration is on the youth as J&K’s 70 per cent economy is dependent on agriculture—(KNO)

    (Detailed Story to be released in evening bulletin)

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    #Security #agencies #launched #final #assault #terror #ecosystem #Manoj #Sinha

    ( With inputs from : roshankashmir.net )