India Inc. commits Rs.450,000 crore for Modi’s ‘Digital India’

New Delhi : As Prime Minister Narendra Modi launched the “Digital India Week” here on Wednesday, India Inc. committed an investment of Rs.450,000 crore (some $75 billion) for the initiative that seeks to empower citizens by deploying IT and associated tools.

Choosing no less than a sports stadium to launch the initiative where who’s who of India Inc. packed the rows, Prime Minister Modi said industry captains have committed investments of Rs.450,000 crore toward “Digital India” and create 1.8 million new jobs.


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The prime minister also unveiled a logo for Digital India — an umbrella programme that seeks to transform India into a digitally-empowered, knowledge economy with a host of initiatives for a synchronized and coordinated engagement of the government and its agencies.

The prime minister said it was not enough for India to say that it is an ancient civilization, and a country of 1.25 billion with favourable demography. “Modern technology needs to be blended with these strengths,” he said.

He laid emphasis on useful technologies and said at one point India was criticised for launching satellites but today these were helping the common people. Farmers, for instance, are able to access weather forecasts.

“Similarly, the Digital India initiative is aimed at improving the lives of the common people,” Modi said, adding while India may have missed the industrial revolution, it will not miss the IT revolution that is transforming peoples’ lives.

The Prime Minister assured full support to young entrepreneurs who wished to launch start-ups. He called upon the youth to innovate and said “Design in India” is as important as “Make in India”.

The event also saw a host of industrialists announce millions of dollars of investments in their own “digital” programmes. They included Reliance Group’s Anil Ambani, Reliance Industries’ Mukesh Ambani, Bharti Group’s Sunil Mittal and Aditya Vikram Birla Group’s Kumaramangalam Birla.

Others at the event included Delta group’s Ping Cheng, Vedanta’s Anil Agarwal, Wipro chairman Azim Premji, Lava’s Hari Om Rai, Airbus’ Peter Gutsmeidl, Hero Group’s Pawan Munjal, and Nidec Corp’s Mikio Katayama.

For the “Digital India” scheme, Modi has already been named the chair of a high-powered panel to monitor and all existing and ongoing e-governance initiatives. These will be revamped and aligned with the larger principles of “Digital India”, according to an official statement.

The larger goal of Digital India includes broadband connectivity in all panchayats, Wi-Fi in all the schools and universities and public Wi-Fi hotspots in all important cities by 2019. It will be deployed in delivering services in areas like health, education, agriculture and banking.

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