Co-founder and Chairman of Infosys Technologies, Mr Nandan Nilekani said that India's digital infrastructure will play a major role in reviving the economy. Mr Nilekani was addressing FICCI members at the National Executive Committee Meeting on 'Digital India and its Impact on Economy and Industry' in Bengaluru.
Watch India's digital infrastructure will revive the economy: Nandan Nilekani at FICCI NECM With HD Quality.
Co-founder and Chairman of Infosys Technologies, Mr Nandan Nilekani said that India's digital infrastructure will play a major role in reviving the economy. Mr Nilekani was addressing FICCI members at the National Executive Committee Meeting on 'Digital India and its Impact on Economy and Industry' in Bengaluru.
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Speaking at the ET CEO Roundtable in New Delhi Wednesday, Infosys chairman Nandan Nilekani said that the next big step for the government to take is to revive credit to small businesses. 'Today only 8% of Indian small businesses get credit from the banking system. Due to combination of factors like public sector banks having high NPAs, NBFCs having asset liability mismatch, the whole thing is grid locked,' Nilekani said. Listen-in. (Text: ET Bureau)
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Rashesh Shah, President FICCI, giving his welcome address at our National Executive Committee Meeting
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Is Nandan Nilekani the guy who can restore order back in Infosys after the sudden exit of CEO, Vishal Sikka? The answer to this question lies in the track record that this man has and his ability to get people to work and deliver. He has the trust and faith of all those who have seen him lead the company in the past. What do people have to say about him and why he probably is the man of the hour for a crisis ridden Infosys.
Watch Nandan Nilekani back to Infosys- Why the clamour? With HD Quality
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In a situation of rising conflict between board and founder members, there was a sudden erosion of trust among investors, clients and employees of Infosys. Certain decisions were to be taken fast to resolve the issues. That is when the clamour for Nandan Nilekani, ex-CEO and founder member of Infosys began. Here are 5 reasons why he could be the best bet for everyone.
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“The security concerns raised around Aadhaar are complete nonsense, figment of imagination and a deliberate attempt to create an alarmist talk”, Nandan Nilekani , former Chairman of UIDAI (#Aadhaar) in an interview to CNN-News18.
Excerpts :
• On Aadhaar being mandatory: In principle, Aadhaar is voluntary, however if the universe of beneficiaries are required to have Aadhaar to get benefit under a particular welfare scheme, it’s the decision of the organization implementing that scheme. The connotation that it’s mandatory sounds like coming from a ‘Khan market liberal’!
• On Aadhaar for welfare schemes: Any welfare scheme requiring Aadhaar needs to give adequate time to the people to get enrolled in Aadhaar. Nobody should be denied a benefit if they show an alternative identity in the interim.
• On necessity of using biometric: 10 finger prints and IRIS scan of both eyes, called the biometric, was absolutely necessary to establish uniqueness across a billion people. The only purpose of biometric is for authentication of Aadhaar and the biometric data cannot be shared.
• On security of Biometric Data – In reality, the purpose of Biometric is for de-duplication. The law is clear that the Biometric will only be stored and not shared. It is absolutely secured. Not even a single case of data theft has been reported in the last 7 years as there is a whole process by which data is stored and encrypted in a very secured way.
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Automation in manufacturing is reducing the jobs from the sector, said Nandan Nilekani of Infosys. Nandan said broad-based growth will happen due to the mega trends of financialisation, formalisation and technology.
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INH, Education से इतना प्यार, Nandan Nilekani ने बॉम्बे IIT College को 315 Cr दौलत का किया दान |
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Source : ANI \ Studio \ INH Reporters \ Agencies
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‘The digital economy needs the underlying supportive infrastructure of Data Center’
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