4 NEW DELHI | THURSDAY, 26 APRIL 2018 1 >

Held on 19 &20April 2018, Durbar Hall, TajPalace,NewDelhi

CommercialFeature @75TOEMPOWER THROUGH DIGITAL INCLUSION, SOUND BYTES , Minister of Law &Justice; Electronics &IT GRASS-ROOTENABLEMENT, COLLECTIVE TRANSFORMATION The philosophy of our govern- ment is IT The 2018 Mindmine Summit looks at India’scapacity and willtotransformitself,evenas (India’sTalent) plus IT it races towards its 75th anniversaryasanation (Information Technology) =IT he 12th edition of (India’s the two-day Mind- Tomorrow). On job creation front, mine Summit today,thereare around 150 2018, the annual mobile manufacturing companies T flagship event of operational in India. In Noida and the Mindmine Institute,anin- Greater Noida alone thereare dependent think tank set up by the hero enterprise,kick-start- around 54 such companies, ed with ainspiring inaugural offering jobs to morethan 5lakh ceremonyatthe Hotel Taj people. Palace in the capital here on April 19.Likethe past summits, this year’ssummit too brought , top leaders,senior government Minister of State (IC) for Housing and Urban Affairs officials &ministers,busi- nessmen, entrepreneurs, Planned emerging stars and opinion Urbanisation is makers to share their ideas and not asmall goal perspectives around the to achieve theme: ‘India @75: Is this the because it newIndia?’ involves all “In India, most commentators stakeholders. want thesocial policy of Sweden, Our cities con- the economic policy of Cuba, the defence budget of Fiji,the sexual tribute 66%ofGDP and 90% of policy of France,the education tax returns.Wehave to preserve policy of Finland, non-alignment them, make them smarter tech- of Switzerland, the refugee poli- nologically.Thereisarenewed cy of Germanyand the econom- interest of the government in ic growth of China put together.I moving ahead with thorough think as Indians we have every as people are important stake- ing on the theme of the event. G20 countries are talking the lan- some of the bold decisions that lore since 2015 etc...Today, you planning towards urbanisation. right to demand the best forfar too holders in the government.The Prasad also pointed out that guage of India. India’ssizeor had to be taken to streamline the can book an appointmentatmore long we used to talk about India’s Mindmine Summit is emerging as the countrytodayissetting the weight is increasingly matching economyand create an environ- than 200 hospitals with aclickof potential, butmanyofusbelieve an important think-tank and he ment fordoing ease of business. abutton.Farmers are getting ben- it is here and now. There is alot ‘foresees important involvement Stressing on his government’s efitted by soil health cards.You Rajnish Kumar, going on right nowinthe sense of of the body in the future discourse ‘The young Indian with a agenda to promote the motto of can nowsubmit your lifecertifi- Chairman, SBI change in moving forward rapid- of the country’simprove- smartphone in his hands is ‘Digital India’,Prasad said that the cate digitally forpensions...We GST,adoption ly”, said SunilKant Munjal, Chair- ment.”“Wheneverwetalk of the aim of the governmentistobe want to bring in digital inclusion of bankruptcy man, Hero Enterprise,welcom- newness of India, howIndia would determined to write the nation’s known for‘information highways’ based on technology which is do- and insolvency ing the Chief Guest and industry shape up when it will turn75, it has and bridge the digital divide be- mestic,home-grown and devel- participants,inhis inaugural ad- to be anarrative from policy paral- new future. We must create a tween digital havesand have-nots. opmental,”averred Prasad. At the code, real estate dress introducing the year’stheme ysis to policy clarity,anarrativeof suitable environment to help ‘It is forthe poor and the under- startofthe ceremony, KPMG In- regulation area and setting the context forthe 12th decision making based notonin- privileged and we wish to em- dia’sreport"India Soars Higher" slew of reforms edition of the summit. dividual preferences butongood them achieve their dreams’ powerordinaryIndians with tech- wasalso released by Mr Prasad, that aregoing to Opening keynote address, governance,objectivefactors and nology’. Mr Munjal and Akhil Bansal, hold the country Ravi Shankar Prasad, Union Min- uniformapplicability,wherethe In the quest forenabling and Deputy CEO, KPMG India.The in good stead in the futureand we ister of Law&Justice,Electronics idea is not only to reformbut also agenda on the global sustainable India’sclout on the worldstage digitally empowering India, “82 reportprovides an extensiveview &ITsaid that “diverse voices to transformand where the poli- development path, on the issues under the leadership Prime Min- BPOs in 27 states of India have of key governmentreforms,and arepoised for higher growth. shouldbeheard, the ideas must cymakershavethe courage to of climate justice,solar alliance, ister . On home become operational including the the ways in which India can march When we talk about India@75; be filtered.It helps the govt.to re- taketough decisions and courage creating aglobal alliance in fight turf,hesaid the implementation North-East in Kohima, Imphal, ahead into the future with ahigh- public sector,especially,the public fashion and improve the policies to sayNo,”saidPrasad,elaborat- against terrorism and manyofthe of GST and demonetisation were , ,, Vel- er growth trajectory. sector banks have abigger role to play.

JAMcoupled with structural reforms to M. Damodaran, Chairperson, Involving stakeholders critical for Excellence Enablers trigger growth, opportunities for all Former Chairman, SEBI, UTI &IDBI It is the strength urbanisation of Bharat of an idea that leads to a revolution. Change identifies itself with evolution which is only incremental and rather slow.We areayoung country and if India has to to reclaim its position on the global stage, we need to do things he session on ‘Turning ing to get amassiveboost by the safe- that arerevolutionary,drastically the wheels of Invest- ty net we are creating through JAM. different and we need to do them naneye-openingsession on‘Citi- Amit Oberoi,ExecutiveDirector,Col- ment: Will JAMtrinity or We only have to step backfrom noise faster and better. fication of Bharat:Emerging Night- liers India said“the search forjobs is driv- other triggers create the to witness these developments”, ing in-migration and migration from other T largestgrowth and opined Sinha, in his opening remarks. mare or Exciting Opportunity?’, em- inent panellists discussed the chal- places into the cities.Here comes the role wealth of opportunities in thenew Renuka Ramnath, Founder,MD& I lenges and opportunities that lie of creating smartcities that can actually decade?’sought to understand if the CEO,Multiples AlternateAsset Man- Jayant Sinha, ahead even as urbanisation becomes an regulate thismigration.Unfortunately, who JAM(Jandhan-Aadhar-Mobile) and agement reiterated,that“the JAMtrin- Minister of State for Civil Aviation imperativewith the nation’surban econ- owns the responsibilityfor this is unknown.” other structural reforms would help in ity and other government policies have omycontribution expected to account for “The liveability indexofour cities is go- expanding the number of consumers, made access possible and affordable. JAM (Jandhan- three fourth of India’sGDP by 2020. ing down.In fact the richer the city,the less the consumption basket and provide This is huge in itself.Affordable hous- Aadhar-Mobile) Even as ruralIndia sheds its rusticchar- liveable it is becoming in terms of health an opportunity forbusinesses to grow ing is averybig investment opportu- acter and tier III and IV townships emerge, indicators,orwhat youwould defineas into newareas. nity whilethe shift from unorganised is intendedfor the need foraffordable homes,trans- quality of lifeinacity.So, we must discuss In this session,trendsetting in- to organised is another big opportuni- about athirdof portation, public utilities andinstitutions theformofurbangovernance we require. vestors were invited as panellist along ty on the consumption side.Thesehave India’s is being felt as neverbefore.Across the We have not really devolved powertoal- with Jayant Sinha, Minister of State, powered the young and dynamic Indi- population, the fivevectors of urbanization viz,‘peripher- lowpeople to take decisions,”said Sunita Civil Aviation as Chief Guesttoshare ans.” Bharat Shah, ExecutiveDirector, BPL families. al, corridor,smart-new, smart-old &PU- Narain, Director General, Centre forSci- their insights on India’snextbig growth ASK Group concurred with Renuka Along with it and RA (Providing Urban Amenities to Rural rect and re-channel howurbanization hap- ence &Environment. and impact opportunities,and what it’ll Ramnath.“Weare at avantage point the GST,the Bankruptcy Code, Areas)’as pointed out by the moderator pens across India butultimately at alocal “Planned Urbanisation is not asmall taketocapitalise on them. of agolden decade ahead.Structural- Infrastructurebuild out, monetary of the session, VinayakChatterjee,Co- levelifwedon’t improve the structure of goal to achievebecause it involves all “JAM is asocial security platform ly the changes that are brewing will en- stability etc, we have established a founder &Chairman, FeedbackInfra, the governance,Ifeel we won’t achieve the stakeholders.Governments at all levels, which enables govt. to provide bene- sure that integrity in businesses is at way for the economy to continue to objectiveofthe talk wastoexamine how objectiveofmakingurbanization amas- industryand business,institutions of learn- fits to people directly into their bank ac- the forefront which in turnwillreflect in gargantuan resources and management siveopportunity forthis country. There is ing and research, civil society organisa- counts,seamlessly without anyleak- the performance and in marketplace. grow in arobust 7-8% for the next challengecan become an opportunity or no one personaccountable and toomany tions,and citizens and communities- all age.Itisintended forabout athirdof Apartfrom JAM, the key changes in 10-15 years. anightmare,and who is actually in con- people are in control,”said Milind Murli De- of us have to collaborate to makegood out India’spopulation, BPL families.When the public subsidy distribution through trol.“Urbanization in India is happening in ora, Former Union Minister of State & of the exciting opportunity,” summed up the base of the pyramid is provided Aadhar,other socio-economic changes an uncontrolled way. State and Central Member of Parliament,opening the Hardeep Singh Puri,Minister of State (IC) support, everybody in thepyramid does likeUjjwalaYojana are also critical to , Government, the Mohan can help re-di- panel discussion. forHousing and Urban Affairs,GoI. well.So,consumption as awhole is go- the economic area,”hestated. Minister of Textiles; Information &Broadcasting We need to encourage young generation investors to invest in the past. It is important to preserve our cultureand legacy. Investments must not always be driven by material returns. The private sector too, should encourage this.