Tag: framework

Telangana State Robotics Framework launched by KTR at T-Hub

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Hyderabad: To encourage start-ups and MSMEs in the robotics industry, Telangana State Robotics Framework was launched by the state IT minister KT Rama Rao at T-Hub on Tuesday.
KTR said that Telangana has been at the forefront of adopting the latest technology, emerging as a pioneer of technological innovation to improve the lives of citizens.
Speaking after launching the TS Robotics Framework (TSRF), the minister held that the state government aims at creating a world-class robotics ecosystem and making the state a global hub for robotics design, testing and manufacturing.

The TSRF will work on five key pillars, infrastructure access, business facilitation, research and innovation, skill development, and responsible deployment.
To encourage start-ups and MSMEs in the robotics industry, Telangana will provide incentives similar to those outlined in the State Innovation Policy, ICT Policy, and Electronics Policy.
“Saagu Baagu project in association with the world economic forum is a classic example of leveraging artificial innovation for agricultural innovation in Telangana,” said KTR.
Talking about eight technologies adopted by the state in 2017, KTR said that the Telangana government always focused on entrepreneurship, capacity building, research and development.
Attributing the development to chief minister K Chandrashekhar Rao’s vision, KTR said that as a government, they have followed a PPP (Public-Private Partnership) framework to reach out to the common man.

“Five actionable policies have been released under the PPP model on AI, cloud, etc to accelerate growth in the centre,” said KTR.
“To establish a partnership, five centres of excellence have been set up along with Nasscom, World Economic Forum, and III-T have been set up,” added KTR.
He stated that, in relation to the project, population-scale projects across, agriculture, environment, healthcare, transportation, and forest have been implemented to impact development closely.
Claiming robotics to be much more than automating tasks, KTR said that the tools can be used for unlocking new levels of productivity, and creativity to improve safety, and innovation in several fields including the field of healthcare.
“It is interesting to see how quickly young generations adapt to technology,” said KTR adding that globally, robotics has seen an increase in demand, with 3-fold multiplication in the use of robots, according to the world robotics report.
“India stands at 10 positions and should come in the top five in using the technology in the next decade,” visioned KTR.
Inviting investments, KTR said that the holistic policy adopted by Telangana is a shining example that the state reflects in bringing about positive and innovative changes.
Stating that technology can transform lives for the better, KTR said that the government has set up a separate body to support T-Hub, WEHub, T-Works, TS Innovation Cell, Telangana Academy for Skill and Knowledge and Research and Innovation Circle of Hyderabad for taking research to the market.
TRIC will work with the existing centres of excellence in artificial intelligence, additive manufacturing, cybersecurity, and e-waste apart from collaborating with industry, academia, and incubators for creating new opportunities for economic growth and job creation.
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( With inputs from www.siasat.com )

May 9, 2023
Sebi to put in place framework to prevent frauds by stock brokers

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New Delhi: Markets regulator Sebi on Wednesday approved a slew of proposals, including ending the practice of individuals holding permanent directorship at boards of listed companies and putting in place a framework to prevent frauds by stock brokers.
The proposals were cleared by the board of the Securities and Exchange Board of India (Sebi) during its meeting here on Wednesday.
The watchdog has approved a regulatory framework to allow private equity funds to become sponsors of mutual funds, a move that will help further deepen the mutual fund industry.
Besides, the regulator has given its nod for norms for Environmental, Social and Governance (ESG) disclosures by listed companies.
According to a release issued after the board meeting, Sebi said it has decided to end the practice of individuals having permanent seats at boards of listed companies. The move is part of efforts to further boost the corporate governance ecosystem.
Among other measures, the regulator will put in place a formal mechanism to prevent frauds and market abuse by stock brokers.
Further, Sebi will introduce fund-blocking facility for secondary market transactions like being done for Initial Public Offerings (IPOs). The measure is aimed at safeguarding investors’ money from misuse by stock brokers.

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( With inputs from www.siasat.com )

March 29, 2023
India, France, UAE unveil plan for cooperation under trilateral framework

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New Delhi: India, France and the UAE on Saturday unveiled an ambitious roadmap for cooperation in areas of defence, nuclear energy and technology under a trilateral framework.
After a phone conversation among their foreign ministers, a joint statement said the three sides agreed that the trilateral initiative will serve as a forum to promote the design and execution of cooperation projects in the fields of energy, with a focus on solar and nuclear energy.
“It was acknowledged that defence is an area of close cooperation between the three countries. Therefore, efforts will be undertaken to further promote compatibility, and joint development and co-production, whilst seeking out avenues for further collaboration and training between the three countries’ defence forces,” it said.
The foreign ministers noted that the trilateral initiative will serve as a platform to expand cooperation between their countries’ development agencies on sustainable projects.
The three foreign ministers met on September 19 last year for the first time in a trilateral format on the margins of the United Nations General Assembly in New York.
In the meeting, they agreed to establish a formal trilateral cooperation initiative to expand cooperation in various fields of mutual interest.
“It is in this context that a phone call between the three ministers was held today to adopt a roadmap for the implementation of this initiative,” the statement said.

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( With inputs from www.siasat.com )

February 5, 2023