Introduction:
Technology is one type of scientific
application which has helped to make human's life easier through a significant
purpose. Currently, technology plays the most valuable position in every human
life from awake to sleep. Using various types of powerful technology, many
critical problems have become soluble. Hence, the "Indian Government"
also wants to use "IT-based technology" for forming Indians'
productive and updated lives. Even this kind of technological application has
helped to make social empowerment to encourage "Gentech technology"
for the next generation. These changes also will create a future scope for
innovative empowerment of "Unemployment issues".
Current statement by Indian Government:
Focusing on US$ 5 trillion, the
"Indian Government" has focused on "Gentech technology" on
Indian economic and social developments. There are some changes that
"India '' may become the third-largest financial market after the US and
China throughout the world while in 1980 it was in 13th position. Hence, encouraging the younger demographic and middle-class society, the "India
Government" wants to create a “high employment opportunity" using
IT-based operations in every sector in a human's life. Due to these reasons,
the first active organization, "Hitachi payment service Pvt. Ltd'' has
shown an effective interest in India's new purpose " active application of
genetic technology on India's economic and social development".
Importance of “Hitachi payment service Pvt. Ltd.” on this workplace:
This global leader, “Hitachi payment
service Pvt. Ltd.” has provided an "IT-driven, people-centric
next-generation solution" to transfer all spheres in the Indian market.
Many officials and analysts have thought that technological innovation and the action steps of "Hitachi" have helped the "High octane
growth" of "India" against many challenges.
The mission of the Indian government:
The last few analytical decisions of
"Narendra Damodar Modi" have signified that he wants to innovate
Indian all operational activity to the rich by applying
"digitalization" of every sector. Hence, a certain level of
opportunity and probability of growth has been increased for "all IT firms
of India". Various IT-based foreign companies have marked the Indian
market regarding "Foreign direct investment" in the Indian physical
market and “Indian share market" directly. Hence, this decision and
practical application create some opportunity for future development in the
Indian economy, growth, productivity, social inclusions as well as standard of
human's lifestyle.
India’s high-octane growth:
The high-octane growth of “India’s prosperity” has signified “an excessive power generated within a high level of
speed”. Mainly, this scenario has been applied to the “Stock market” and overall
society also thinks that “a particular country is growing at a high speed”.
Financial inclusion:
"Technical innovation for
future generation" directly or indirectly is responsible for a particular
company's financial inclusion at a certain level. Here, this mentality and the
government's active progress on IT application for every field also have helped
to make a better economic valuation of the Indian government.
Inclusion of future technology:
New visions, new missions, always
have helped to build up some changes for future upgrades. "New
technological thoughts", "practical application",
"organizational operation management" as well as "new thinking
of software developments" always have helped new types of future
opportunities and roots regarding the "digitalization" of "India".
"IT-driven, people-centric new-generation":
This generation mainly has signified
"IT-based Digital Transformation" that makes lots of better
possibilities on their future derivation. This transformation has been occurring from "one-click telehealth cheek-up scheduling" to "Smart cards
mapping out". Hence, all kinds of IT-driven people can follow the
"Shortest route" with a "minimal waiting time" of computer
operation. Due to these reasons, this generation may become more productive
within a limited amount of time.
Successful leading on “ Make in India”, “ Digital India”:
These are the primary initiatives of the "Modi government" to make "India" digitalized. Here, both these schemes " Make in India" and "Digital India" has been helping to prepare India smarter from the previous stage. All kinds of economic, social, cultural, health, commercial, sales as well as marketing sectors have applied these two strategies for their product service. Hence, new development opportunities have been formed for involving this scheme in all operations in every sector.
Transforming India from " Agrarian India" to "Gentech India":
Transformation is the normal phenomenon of any civilization and India belonged to an agrarian civilization. At this time, this agrarian society has been operated by new technology tools such as "machinery", "IT operations", "hydraulic operations" and so many other options. This all-new initiative creates human lives easier from header life existence. Currently, the "Gentech Technology" is using "software innovation", "sales portal", "marketing", and “blockchain technology “,” making multi-channel business operations smoothly.
(Source: https://www.cnbctv18.com/ms/fyb/business/leveraging-the-connected-network-to-transform-india-8036591.htm )
Successful implementation of “ Smart city mission” :
"Smart City Innovation" is also another vision for making "India" a "World-class Urban Mobility" and busting "Digitalization and IT Connectivity. This project has used an "upgradable transportation system" to make a "Comprehensive mobility plan" such as "metro city innovations", "enable state-of-the-art through self-driving operation and a smart signalling".
(Source: https://www.smartcitytvm.in/home/sctl/ )
Steps of “Reserve Bank of India” on this current development:
Regarding this operation, "RBI,
the central bank of India" also has participated with "Hitachi
payment service Pvt. Ltd." to enable cash and digital operations of all
types of citizens in large, small and complex geographical areas. This
initiative creates India's financial inclusions through "Future-ready
digital payments", "internet payment gateways", "innovative
transit" as well as "e-toll payment solutions".
Steps of “State bank of India” for future economic development:
Regarding this economic and social
development, both "cash and digitized payment solutions" are running
through a direct partnership of "Indian Government" and "Hitachi
payment service Pvt. Ltd.". In this scenario, "State bank of
India" and this private organization maintain all commercial operations of
"Joint Venture". Mainly, this joint venture builds up
"State-of-the-card acceptance" and a "future-ready digital
payment platform". These two processes have offered comprehensive suite
based payment options for all customers and merchants. Here, "Quick
response code acceptance (QR)”, “Unified Payments Interference (UPI)”,
“e-commerce business” as well as “mass transit sector” plays an important
role.
Impact of genetic technology over e-governance of "India":
This modern technological inclusion mainly has
helped to make a perfect plan for "Sustainable developments". On the
other hand, "Gentech technology" also has created an excessive value
proposition through enhancing social, economical as well as environmental
values. Hence, this innovation has occurred applying "e-governance
initiatives" and "optimized decision making".
Applicable technology for "India's" next-generation development:
“Mobile internet”
“Cloud technology”
“Automation of knowledge work”
“Digital payments”
“Verifiable Digital Identity”
“Internet of Things”
“Big data analysis”
“Operating Technology”
“Intelligent transformation and
distribution”
“Advance Geographic Information
System”
“ Next Generation Genomics”
“Advance system on gas and oil
exploration and recovery process”
“Renewable energy”
"Advanced energy storage"
Technological impact on the enhancement of social transformation:
Technological innovation directly or
indirectly creates an impact on the human lifestyle. This technology is the
only connecting factor between human lifestyles to "customer ecosystem
solution", e-based "education", "Healthcare",
"agriculture" as well as human's top priority. This holistic solution
encompasses the entire human life cycle from birth to the end of life journey.
Thus, technological inclusion makes a "Smart Nation" to innovate
"Tech-enabled governments" and all types of better service facilities
for preparing innovative mindsets.
Conclusion:
At the end of the point,
"Gentech technology" has helped finance, commercial as well as
social inclusion through the use of any IT-based solutions in everyday
lifestyles. Apart from that, innovation also has increased new opportunities to
eradicate poverty level in India, unemployment and the share market as well.
Reference :
3. https://www.indiatimes.com/trending/social-relevance/highly-educated-indian-politicians-560784.html
6. https://www.orfonline.org/expert-speak/a-new-economic-diplomacy-where-india-matters/
7. https://indianexpress.com/article/explained/union-budget-2022-23-unemployment-crisis-india-7749193/
9. https://www.cnbctv18.com/economy/president-ram-nath-kovind-speech-heres-the-full-text-12304132.htm
11. https://www.meity.gov.in/writereaddata/files/india_trillion-dollar_digital_opportunity.pdf
12. https://www.ibef.org/industry/science-and-technology.aspx
13. https://www.weforum.org/agenda/2019/10/india-technology-development-silicon-valley/
14. https://responsibleaiforyouth.negd.in/home
Table of
Contents
Current
statement by Indian Government:
Importance
of “Hitachi payment service Pvt. Ltd.” on this workplace:
The
mission of the Indian government:
Inclusion
of future technology:
"IT-driven
people-centric new-generation" :
Successful
leading on “ Make in India”, “ Digital India”:
Transforming
India from " Agrarian India" to "Gentech India":
Successful
implementation of “ Smart city mission” :
Steps
of “Reserve Bank of India” on this current development:
Steps
of “State bank of India” for future economic development:
Impact
of genetic technology over e-governance of "India":
Applicable
technology for "India's" next-generation development:
“Automation
of knowledge work”
“Intelligent
transformation and distribution”
“Advance
Geographic Information System”
“Advance
system on gas and oil exploration and recovery process”
Technological
impact on the enhancement on social transformation:
