Wednesday, 2 December 2015

Delhi government set to go paperless with e-offices

Join STPI Blog - http://stpi-scheme.blogspot.com/
 Delhi government set to go paperless with e-offices


HT Correspondent, Hindustan Times, New Delhi |  Updated: Aug 25, 2015 22:07 IST



The New Delhi government is all set to go "paperless" as the state Cabinet gave its approval on Tuesday to implement the e-office system in every department in what has been claimed would be a first in the country.

According to a senior official, 15 departments are to be covered in the first phase of the plan, which would see Delhi become the first state in the country to totally embrace the e-office concept.
The decision in this regard was taken at a Cabinet meeting on Tuesday chaired by Chief Minister Arvind Kejriwal.

"In the first phase, the project will be implemented in 15 departments of the government. Simultaneously, all other departments and their attached offices will also start necessary preparations for implementation of e-office.

"In the 15 departments, there will be no physical movement of files from December 1 this year," the official said.
Delhi government said that in the current paper-based file system, substantial time is spent in creating, searching and transferring documents and files and there is also the danger of loss of files due to theft/fire, etc.

"There is a lot of paper which is used and a large amount of storage space is required. The physical files are also prone to manipulation," the official also said.

The state government has decided to implement e-office in order to provide transparent, efficient and time-bound services to the public.
"E-offices provides an effective mechanism to work in a paperless environment, monitor the performance of individuals and enable employees to work at their convenience. The Department of Information Technology will be the nodal department for the project. The Delhi government, through the Delhi e-Governance Society, has already procured a combined single-user licence," the government said.

The Cabinet has also permitted the individual departments to procure the required hardware and manpower from National Informatics Centre Services Inc. (NICSI) at empanelled rates based on the gap analysis report for the implementation of the above project, the official added.


Source : http://www.hindustantimes.com/delhi/delhi-government-set-to-go-paperless-with-e-offices/story-o5G86eMTnZbjhZnymiLZJJ.html



This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Modi promises more accountable and transparent governance - Paperless Governance

Join STPI Blog - http://stpi-scheme.blogspot.com/
Modi promises more accountable and transparent governance - Paperless Governance


Pitching his pet Digital India initiative with the titans of the IT world, Prime Minister Narendra Modi on Sunday promised to make governance more accountable and transparent while assuring data privacy and security.

Speaking before a gathering of Silicon Valley CEOs, Mr. Modi announced plans to create more public Wi-Fi spots including at 500 railway stations across India and an aggressive expansion of the National Optical Fibre Network to take broadband to 600,000 villages.






“As our economy and our lives get more wired, we are also giving the highest importance to data privacy and security, intellectual property rights and cyber security,” he said at a dinner interaction attended among others by Adobe CEO Shantanu Narayan, Microsoft CEO Satya Nadella and Qualcomm executive chairman Paul Jacobs and Google CEO Sunder Pichai.

“We will transform governance, making it more transparent, accountable, accessible and participative,” Mr. Modi said, adding that E-Governance is foundation of better governance — efficient, economical and effective.

In a nation of one billion cell phones, M-Governance or mobile governance has the potential to make development a truly inclusive and comprehensive mass movement. “It puts governance within everyone’s reach,” he said.



Mr. Modi said Digital India was born out of conviction that it was possible to rapidly transform the lives of people on margins and touch the lives of the weakest, farthest and the poorest citizen of India as also change the way our nation will live and work.

“We will connect all schools and colleges with broadband. Building I—ways are as important as highways,” he said.

“We are expanding our public Wi-Fi hotspots. For example, we want to ensure that free Wi-Fi is not only there in airport lounges, but also on our railway platforms. Teaming up with Google, we will cover 500 railway stations in a short time,” he said.



The government, he said, wants to free citizens from the burden of excessive paper documents in every office.

“We want paperless transactions. We will set up a digital locker for every citizen to store personal documents that can be shared across departments,” he said.







Setting up of Ebiz portal has made approvals for businesses and citizens easy and efficient, technology is being used to impart scale and speed to development, he said.

Calling for bridging the digital divide and promote digital literacy, Mr. Modi said in the same way that we seek to ensure general literacy, technology must be accessible, affordable and value adding.


Mr. Modi said that by using space technology and internet, 170 applications have been identified that will make governance better and development faster.

“Today, technology is advancing citizen empowerment and democracy that once drew their strength from Constitutions. Technology is forcing governments to deal with massive volume of data and generate responses, not in 24 hours but in 24 minutes,” Mr. Modi said.

To achieve the vision of Digital India, the government must also start thinking a bit like corporate world, he said.

“So, from creating infrastructure to services, from manufacture of products to human resource development, from support governments to enabling citizens and promoting digital literacy, Digital India is a vast cyber world of opportunities for you,” he said.

Also Common Service Centres will be set up in villages and towns as also use information technology to build smart cities. “We want to turn our villages into smart economic hubs and connect our farmers better to markets and makes them less vulnerable to the whims of weather,” he said.



Stating that access means content being made available in local languages, he said that affordability of products and services is critical for success.

“We will promote manufacture of quality and affordable products in India. That is part of our vision of Make in India, Digital India and Design in India,” he said.

“Since my government came to office last year, we have attacked poverty by using the power of networks and mobile phones to launch a new era of empowerment and inclusion: 180 million new bank accounts in a few months; direct transfer of benefits to the poor; funds for the unbanked; insurance within the reach of the poorest; and, pension for the sunset years for all,” he said.

Stating that Facebook, Twitter and Instagram are the neighborhoods of the new world, he said if Facebook were a country, it would be the third most populous one and the most connected.

“Google today has made teachers less awe-inspiring and grandparents more idle. Twitter has turned everyone into a reporter. The traffic lights that need to work the best are on CISCO routers,” he said.

Technology is helping a mother in a distant hill village save her new born infant and giving a child in a remote village better access to education, he added.

A small farmer is more confident about his land holding and getting better market price. A fisherman on the sea has a better catch. And, a young professional in San Francisco can Skype daily to comfort her sick grandmother in India, Mr. Modi added.




Source : http://www.thehindu.com/news/modi-meets-satya-nadella-sundar-pichai-in-silicon-valley/article7694552.ece



This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Bureaucrats and experts hope PM Narendra Modi's US visit brings 'acche din' for e-governance - Paperless Governance

Join STPI Blog - http://stpi-scheme.blogspot.com/

Bureaucrats and experts hope PM Narendra Modi's US visit brings 'acche din' for e-governance - Paperless Governance



A senior official in the Department of Personnel and Training (DoPT) involved in the programme believes that conventional colonial administrative structure, not geared up to maintain, store and retrieve information electronically was the main reason for the project failing to take-off.




Prime Minister Narendra Modi's one-week trip to the United States which was focused to seek a digital seat for India, has soared hopes within the government as well as in the IT industry. They now foresee a holistic focus and 'ache din'' for e-governance, which has so far failed to take-off, despite spending hefty sums on training of babus. Modi during his interactions at the Silicon Valley reiterated the need for electronic governance to accentuate prospects of developments.

Despite the concept of e-governance being launched in mid-90s, the paperless governance in India is still a mirage. 

Government sources here said after spending a sum of Rs 313 crore on imparting training on e-governance skills to officers over past eight years, the results have been scanty and even an internal survey had suggested that 75% of these trained babus were still not atoned to electronic governance skills.


A senior official in the Department of Personnel and Training (DoPT) involved in the programme believes that conventional colonial administrative structure, not geared up to maintain, store and retrieve information electronically was the main reason for the project failing to take-off. To make an average district paperless, 2,300 subjects running into some 25,000 files with few lakh pages need to be classified and converted into electronic documents. But, more than than, officials as well as IT experts say, the mindset of middle level babus, who are designed to keep information and public at an arms'length, was the main enemy of electronic governance.

Lack of personnel with appropriate skills is also key challenge while implementing e-governance projects. At present computers in government offices are largely used as word processors, undermining their purpose for data mining and supporting management decession. Vikas Kanungo, an e-governance consultant had found that in government offices time gap between the procurement of the hardware and development of the custom application was so large that by the time application is ready, the hardware becomes obsolete.

A few years ago, the government has approved a Rs.450 core programme for training 20,000 officials on technology and management skills by 2017, required for e-governance rollout.

The framework has defined 19 roles to take into account competencies related to professional skill set, knowledge, behaviour and training and certification. Though, it was approved in 2008, but after several extensions, the first phase ended only in January 2015 with limited success. The first phase had two major components. The recruitment of IT and management professionals from the market and their deputation to different states and the training programme for senior (joint secretary level and above), mid (director level) and junior (section officer, deputy secretary rank) officials.

Though workshops for officers were conducted in 2010, many of them told dna , that the training didn't cater to the actual expertise required for their work. Also they complained that they never had a platform where they could find answer to their queries. Whileas 60 per cent of joint secretary-level trained officials were working on e-governance projects, the percentage comes down to 50 per cent in case of mid-level or director level officials and goes further down to 30 per cent in case of junior officials.

Officials at the DopT, however, take a solace that a paper-less office was possible, pointing out towards Sindhudurg district headquarters in Maharashtra, which has become India's first e-Office .

But, they add that it was possible because 86.54 per cent of Sindhudurg's total 8.5 lakh population was literate and helped in rolling out the project faster.

The arm of e-governance National Informatics Centre (NIC) currently manages over 7,000 websites of various department and agencies of central and state governments, and some 20 lakh email accounts. Government sources say, while the agency provides IT solutions and support to ministries and departments, it has failed to catch up with mobile based technologies. Officials at the NIC said that in 2011 they had asked for recruitment of atleast 355 experts for the cyber security team. They also now pin hopes that Modi's digital India programme will bring some cheers to their organisation. Such is deficienty in the staff, that they don't have a single person to look after the certifying authority work, leave alone creating an anti-hacking crack force.




Source : http://www.dnaindia.com/india/report-bureaucrats-and-experts-hope-pm-narendra-modi-s-us-visit-brings-acche-din-for-e-governance-2130719



This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Moving beyond e-governance - Paperless Work

Join STPI Blog - http://stpi-scheme.blogspot.com/

Moving beyond e-governance - Paperless Work



Bihar State Building Construction Corp is working to move its key systems from e-mode to m-mode


With the continued rise of smartphones and accelerated growth in data usage, the government departments, corporations and PSUs are overhauling their traditional strategy of using technology for better governance. Now they are moving beyond e-governance and gradual adoption of mobile platform is becoming a priority task. Recently, the Bihar State Building Construction Corporation (BSBCCL), a government of Bihar enterprise that works in the area of constructing government buildings and their maintenance, in the line of Central government’s National Buildings Construction Corporation (NBCC), has come up with a mobile monitoring system to ensure transparency and accountability in the execution of the projects and its operations.

Basically, the mobile monitoring system of BSBCCL is a Window-based application that has been created with the help of Vodafone. The application provides current status of employees and projects, and helps in monitoring each and every scheme with respect to the fund allotment, work status, expenditure, contractor assignment and work details.

Over the years, BSBCCL has been able to strengthen its IT infrastructure with the introduction of technology in its core operational strategy. Today, the corporation has well established systems for e-monitoring, e-procurement, project management, financial accounting, e-leave management and security of the network and the devices.  “Our e-governance systems are in place, now the focus is to take it to the mobile platform and use it for the benefit of the people and the organisation,” Ganga Kumar, managing director, BSBCCL told FE.


It is important to note that the mandate of BSBCCL is to construct big and prestigious buildings, their maintenance, administer townships and other constructions which the state government may assign. It is presently building Kishanganj Agriculture University and in the past has successfully built some of the signature buildings of the state such as the statue of Mahatma Gandhi in Gandhi Maidan, Adhiveshan Bhawan, Ghulam Sarwar Memorial Hall, and Loknayak Jayaprakash Institute of Technology.


ICT implementation has been at the fore-front of BSBCCL’s core strategy for efficient management of its operations and work.

“We want to create a paperless environment that is why the use of ICT has been at the forefront,” said Kumar.


Also, for ensuring smooth and corruption free tendering, BSBCCL has automated the process of tendering with the help of e-tendering solution. Now, the contractors need not to come to BSBCCL office.


Everything is on the website and same is being now provided on mobile.


Currently, BSBCCL is working to set up a new IT infrastructure for e-office  for paperless activity, e-library for saving and viewing files online, online examination form registration for jobs, and online HR management system.
According to Kumar, in all these initiatives m-governance will be the key and more than anything else, going forward BSBCCL would create a self-sustainable model for m-governance.


News Source : http://www.financialexpress.com/article/industry/companies/moving-beyond-e-governance/163140/



This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Tuesday, 1 December 2015

UK to help government to develop three smart cities in India

Join STPI Blog - http://stpi-scheme.blogspot.com/

UK to help government to develop three smart cities in India

Friday, 20 November 2015 - 11:59pm IST | Place: Nagpur | Agency: PTI

Each city has a different characteristic and therefore it will focus on projects specifically, he said.
Representational image The High Commission will also be looking for venturing into the education field and a mega show is being organised here to showcase educational opportunities in UK for the Indian students, he added.


The British Government has selected two cities of Maharashtra and one from Madhya Pradesh for developing them as 'Smart City', British Deputy High Commissioner, Mumbai, Kumar Iyer said on Friday. The cities in Maharashtra include Pune and Amravati and Indore in Madhya Pradesh. "It would be our endeavour to develop these cities as smart cities for improved traffic, better education, and infrastructure after preparing a master plan in near future," Iyer told a press conference here.

Each city has a different characteristic and therefore it will focus on projects specifically, he said. Iyer, who is also the Director General of UK Trade and Investment, said the just-concluded visit of Prime Minister Narendra Modi to UK and signing of nine billion GBP (British Pound) in commercial deals will give a major boost to the Indo-UK trade. UK is the largest investor in G20 in India, Iyer said, adding India is third largest investment partner in UK.
India invests more in UK than rest of European Union combined and in fiscal 2014-15, India emerged as Britain's third biggest job creator, creating approximately 7,730 new jobs, he said.


The High Commission will also be looking for venturing into the education field and a mega show is being organised here to showcase educational opportunities in UK for the Indian students, he added.



This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

At 7.4%, India is the world's fastest growing big economy

Join STPI Blog - http://stpi-scheme.blogspot.com/
 At 7.4%, India is the world's fastest growing big economy

India’s July-Sept economic growth accelerates to 7.4%



The data shows India continues to be the fastest growing major economy in the world. But while growth of more than 7% would be a dream for most countries, India needs to grow even faster if it is to create jobs for its large population.
For that, it needs big investments. And for those to come, the country needs to create a business friendly environment.
This week will be an important test for the government as it hopes to push a key tax bill through parliament, which will cut the multiple layers of taxation business owners here face, and introduce one single tax across the country.
If passed, it will be a landmark moment and will be the first major reform by Prime Minister Narendra Modi's government since it came to power in 2014.
***********************************
Source : http://www.firstpost.com/business/gdp-at-7-4-why-better-than-expected-growth-is-good-news-for-both-modi-and-rajan-2527178.html
*******************************************
The July-September Gross Domestic Product (GDP) numbers released on Monday reaffirms the belief that growth recovery is well underway in the economy. This should offer the much-needed room for the Reserve Bank of India (RBI) governor, Raghuram Rajan, to hold rates for now and watch on the inflation-front.
The RBI is set to announce the fifth bi-monthly monetary policy on Tuesday at 11 am in the backdrop of a worrying pick up in the retail inflation in the recent months, especially in the prices of pulse items. The central bank is widely expected to take a pause tomorrow and watch for more cues.
GDP booster :
The GDP, on a gross value added basis, grew at 7.4 percent in the July-September quarter compared with 7 percent in the June-quarter. A Reuters poll by analysts had forecast the GDP at 7.3 percent.
The fact that growth is supported by an improvement in the manufacturing segment (9.3 percent as compared with 7.2 percent in the preceding quarter) is more encouraging.
Simultaneously, the core sector numbers released on October showed a 3.2 percent growth, showing some consistency in improvement in the last three months. But on a year-on-year basis, the growth has slowed down from 9 percent earlier.
Even the 3.2 percent month-on-month numbers looks weak on a closer look since the jump has been mainly contributed by a sharp spike in the cement sector growth from a negative 1.5 percent growth in September to 11.7 percent in October.
More room for RBI to pause
The signs of pick up in economic recovery in the recent months offer more headroom to the RBI governor to take a pause on the rate cuts and watch inflation movement in the approaching months.

Source : http://www.firstpost.com/business/gdp-at-7-4-why-better-than-expected-growth-is-good-news-for-both-modi-and-rajan-2527178.html


This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Broadly support Narendra Modi’s economic reforms: IMF

Join STPI Blog - http://stpi-scheme.blogspot.com/

Broadly support Narendra Modi’s economic reforms: IMF



International Monetary Fund has said it broadly supports the series of economic reforms undertaken by India, which is moving in the right direction.





The International Monetary Fund has said it broadly supports the series of economic reforms undertaken by India, which is moving in the right direction.
“We have been broadly supportive of the reforms being undertaken by Modi’s government,” IMF spokesman Gerry Rice, told reporters at a news conference yesterday.
Rice was responding to questions about the recent economic reforms announced by Modi early this week.


“We have been broadly supportive that those reforms are in the right direction,” Rice said.
Rice added that the IMF Managing Director Christine Lagarde would be travelling to Turkey to attend the G-20 summit, which would be attended by PM Modi and US President Barack Obama among others.


News Source : http://www.financialexpress.com/article/economy/broadly-support-narendra-modis-economic-reforms-imf/165050/



This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Monday, 30 November 2015

RBI reduces repatriation time of export proceeds to 9 month Earlier, these entities were getting a year to realise and repatriate full value of goods/software/services to India. The time for other exporters was reduced to nine months from one year in May 2013.

Join STPI Blog - http://stpi-scheme.blogspot.com/
RBI reduces repatriation time of export proceeds to 9 month Earlier, these entities were getting a year to realise and repatriate full value of goods/software/services to India. 

The time for other exporters was reduced to nine months from one year in May 2013.

 Exporters and units in special economic zones (SEZs) will now have to realise and repatriate overseas sales proceed of goods and services in nine months, as against 12-month earlier, from the date of shipment. "...
henceforth the period of realisation and repatriation of export proceeds shall be nine months from the date of export for all exporters including

Units in SEZs, Status Holder Exporters, EOUs, Units in EHTPs, STPs and BTPs until further notice," a RBI notification said. Earlier, these entities were getting a year to realise and repatriate full value of goods/software/services to India. The time for other exporters was reduced to nine months from one year in May 2013. In another notification, RBI said domestic tax laws will be applicable on transactions involving acquisition of immovable property by Indian citizens living outside the country and Persons of Indian Origin. The clarification comes as "doubts persist" in the members of public regarding requirement of payment of taxes while undertaking property transactions under the Foreign Exchange is invited to Foreign Exchange Management (Acquisition and Transfer of immovable property in India) Regulations. An amendment in the Regulations had said: "Any transaction involving acquisition of immovable property under these regulations shall be subject to the applicable tax laws in India."


News Source : http://www.moneycontrol.com/news/economy/rbi-reduces-repatriation-timeexport-proceeds-to-9-month_1233890.html




This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Why RBI Simplified its procedure to submit export declaration form ?

Join STPI Blog - http://stpi-scheme.blogspot.com/
 Why RBI Simplified  its procedure to submit export declaration form ?

RBI now introduced new guidelines and removed the difference between single/bulk submission of forms & large/small exporters to simplified procedure of Softex forms.

See New Procedure here ->> http://stpi-scheme.blogspot.in/2015/11/rbi-simplified-export-declaration_24.html


Reasons and concerns -

See this news :-


Startups balk at RBI’s 2013 circular on software-export forms



MUMBAI: Complying with the RBI's 2013 circular requiring companies to file software-export forms for every transaction is proving to be a nightmare for startups that are now required to submit the form, in four copies, for every transaction.

Earlier, the softex forms were required only for invoices exceeding $25,000. Few startups had a significant level of transactions of that size but when the central bank removed the floor, every software export transaction was targeted.






To file a softex form, a company has to fill in the details of the invoice, along with the contract or statement of work. The form can be downloaded from the RBI website and then four copies have to be made -- one for the Software Technology Parks of India which will certify the transaction, one for RBI, one for the startup's bank that receives the payment and one for the startup.

And in some cases the form, in its current avatar, simply can't be filled, as in the case of a startup selling an application on a Google or Apple Store, which has no contracts or invoices.



"This very frustrating. We have made representations to the RBI to explain to them that this is very onerous for a startup and we want them to restore the threshold because there are micro-transactions that are getting caught. We have asked them if the forms can be aggregated, so it can be filed once a month, or once a quarter. We are waiting for their decision," Ravi Gururaj, chairman of the Nasscom Product Council, told ET. Gururaj added that they were working with several startups and product companies that were facing problems in trying to comply.

RBI did not respond to an email sent on Tuesday seeking inputs for this story.

For startups that want to comply with the rule in its current form, the process is painstaking and adds costs. Just registering with the STPI costs a fee that is based on revenue.

"We have about 400 invoices a month that range in size from $2000-$30,000. I have to create 1600 forms, and each has to be signed. We are also starting a business when you can use our software for $10 a month, and we want thousands of customers. I will have to hire people just to finish these forms and then I will have to buy a truck to deliver them," Abhishek, a founder at a startup that develops applications for customers outside India, said.

He declined to be identified because his business is small and he did not want to offend the STPI or RBI.

A second startup founder said that while he knows about the circular, his bank doesn't.

"They only ask for Softex forms for invoices over $25,000. So, currently, it isn't a problem. But we know we are non-compliant. The problem is that in the current state, we don't know how to even become compliant with it becoming a big problem," Atul, who runs a small IT outsourcing firm, said.

Startups are now caught in a Catch-22 situation. They could either comply with the notification, inflating their costs, or they could postpone complying and face flags in the due diligence process when they try to raise funds.


Experts on Softex forms say that even larger companies are just beginning to comply with the circular that was sent about two years ago.

"We have clients that are just beginning to comply. But in defence of the central bank, they have tried to make the process easier by shifting it online. And they have been understanding and lenient when they see non-compliance. But saying you are ignorant of the rule is not an excuse," Divya Gupta, Director of Tax at consultancy KPMG, said. Gupta added that as yet there was not adequate knowledge about the rule change.

Penalties for not complying with rule come under the Foreign Exchange Management Act, which includes the potential for large fines.


 Source : http://articles.economictimes.indiatimes.com/2015-07-23/news/64772830_1_rbi-website-forms-ravi-gururaj


This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Why RBI Simplified its procedure to submit export declaration form ?

Join STPI Blog - http://stpi-scheme.blogspot.com/
Why RBI Simplified  its procedure to submit export declaration form ?

RBI now introduced new guidelines and removed the difference between single/bulk submission of forms & large/small exporters to simplified procedure of Softex forms.

See New Procedure here ->> http://stpi-scheme.blogspot.in/2015/11/rbi-simplified-export-declaration_24.html


Reasons and concerns -

See this news :-

Are start-up complaints on RBI’s software export forms justified?

The paperwork for the dreaded SOFTEX form for start-ups isn’t as bad as it is made out to be

>>>> Start-ups are required to fill the so-called SOFTEX form for each individual export transaction and submit four copies of it, as mandated by RBI



Mumbai: On Thursday, the Economic Times reported a peculiar problem that the Indian start-up community is faced with and how that is turning into a nightmare.

The problem, as the report states, is that start-ups are required to fill the so-called software-export (SOFTEX) form for each individual export transaction and submit four copies of it, as mandated by the Reserve Bank of India (RBI). The mounting paperwork becomes too much for a nimble start-up to manage and therefore is leading to logistical issues.

An unnamed start-up executive was even quoted as saying that owing to the large number of invoices his company generates each month, he may need to employ someone solely to fill these forms and hire a truck to deliver them to the respective authorities.

Such a struggle, you’d think. In fact, the story generated some level of outrage over Twitter from those who understand the intricate nature of bureaucratic paper work.

@RMantri: It’s dumb, lazy and braindead regulations like these that destroy productivity for startups. http://j.mp/1gPpaOJ Drowned in paperwork.

@Kulpreetyadav: To fill forms for even $1 overseas sales by #startups is a serious headache. RBI needs to fix ceiling/ monthly form. http://m.economictimes.com/small-biz/startups/startups-balk-at-rbis-2013-circular-on-software-export-forms/articleshow/48180370.cms …

@nasscom: @RBI’s guideline of filling 4 copies of export form makes it difficult for #startups. We need the old cap of giving leeway upto 25K $ back.

But then we did a little digging into the dreaded SOFTEX that is eating away at the precious time of our start-up software exporters. Turns out, the paperwork isn’t as bad as it is made out to be. The following are a few facts we figured from just a basic reading of RBI’s guidelines in this matter.

•The requirement to fill such a form before any export transaction has been in practice since May 2000, when the first such form was introduced. This was applicable to any company which exported goods, including software, irrespective of the amount involved.

•In February 2012, RBI had allowed companies which file more than 600 SOFTEX forms a year to submit their papers on a monthly basis, rather than in individual transactions. This was specifically done to aid companies which recorded high volumes of export transactions in their business.

•The SOFTEX form in itself is a simple two-page form which requires the exporters to fill in details regarding the nature of the product being exported, their customers, the bank facilitating the financial transaction, the amount in the invoice and a few other essential details.

•The details of the form can also be filled on an excel sheet and submitted online to the nearest Software Technology Parks of India (STPI) in case of exporters who generate more than 600 SOFTEX forms annually. The STPI would then be responsible for sending copies to whoever is next on the mailing list. Any additional clarifications that the STPI might require regarding the transaction can be addressed within 30 days of the query from the agency.

Thus, managing paperwork for export transactions (which exporters are legally required to report to RBI) sounds less like a dreadful task and more like basic hygiene that a company dealing with foreign buyers would ensure in any case.


 Source : http://www.livemint.com/Opinion/Py0tQwwpjNxrYdQ1MZ4fKN/Are-startup-complaints-on-RBIs-software-export-forms-justi.html


This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Wednesday, 25 November 2015

Andhra Pradesh - Three IT towers yet to take off in city

Join STPI Blog - http://stpi-scheme.blogspot.com/
Andhra Pradesh - Three IT towers yet to take off in city 


VISAKHAPATNAM: Even though the AP government has loudly proclaimed several times that the Port City will be developed as an IT destination, three proposed towers with a combined estimated cost of around Rs 360 crore for IT are yet to take off in Vizag.

The first tower to be mooted for IT was by the Software Technology Parks of India (STPI), which along with the Visakhapatnam Urban Development Authority (Vuda), was planning a domain specific innovation and incubation centre on IT/ITeS in marine, petroleum and power at Siripuram.

The proposal was first mooted by STPI in 2009, following which it approached Vuda to develop the tower on an area of around 2,571 square metres behind the existing Vuda building. According to initial estimates, the project is expected to cost around Rs 30-35 crore and comprise between 9 and 12 storeys with plug and play facility for small and medium enterprises.


On its part, the state is maintaining that the project is in place. "A Chennai-based consultant was roped in for preparing the detailed project report (DPR). The DPR is likely to be submitted to us in 40 days," said a senior Vuda official. "Based on the DPR, we will be taking up the project," he added.

The second tower proposed for IT was at the Visakhapatnam Special Economic Zone (VSEZ) premises in Duvvada. Incidentally, Union minister for commerce and industry Nirmala Sitharaman even laid the foundation stone for the tower in August last year, which is expected to cost around Rs 40 crore.

The IT tower was to come up over 2.5 acres with a plinth area of 1.09 lakh sft with plug and play facilities for IT firms along with two floors set aside exclusively for data recovery centres.

On this project, the state says the ball is in the centre's court. "The funds for the project have to be released from the union information technology ministry. We have already requested the ministry for funds to take up construction work of the project. Once the funds are released, then CPWD will take up work on the building," a VSEZ official said.

While these two towers are yet to take off, the third tower - IT Signature Tower - which was announced by chief minister N Chandrababu Naidu at the end of last year, is also yet to take flight.

While the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) roped in Jones Lang LaSalle (JLL) as a consultant for the project and the request for proposals was invited from prospective developers, it is yet to be finalised. The first phase of the project is estimated cost around Rs 291 crore with an area of 9.50 lakh sft including space for IT firms as well as retail space, food and beverage counters.

"The developer will be finalised on December 6," said an APIIC official, when asked about the status of the project.
Stay updated on the go with Times of India News App. Click here to download it for your device.




This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Centre gives nod to four new STPI units in Odisha

Join STPI Blog - http://stpi-scheme.blogspot.com/

Centre gives nod to four new STPI units in Odisha



Last year, Centre had given in-principle approval for six new STPI centres for the state


In a major boost to Odisha's IT (Information Technology ) sector, Union Ministry of Communication and Information Technology has accorded final nod to four new STPI (Software Technology Parks of India) centres in the state.

In a letter to Union information and technology minister R S Prasad, oil minister Dharmendra Pradhan had recently demanded early approval of the four STPI units.



"The department of electronics and information technology (deity) under the ministry of communications and information technology has approved setting up of four new centres. We are yet to receive a formal communication. It is our biggest achievement", said Pranab Prakash Das, state IT minister.

The new centres will come up at Jajpur, Anugul, Koraput (Jeypur) and Sambalpur.

Last year, the Centre had given in-principle approval for six new STPI centres in Odisha. The sites selected were Jajpur, Sambalpur, Koraput (Jeypur), Angul and Kalahandi (Bhawanipatana). After that, the state had sent feasibility reports of five more locations barring Bhawanipatana for final approval.

With the addition of new STPI centres, the number of such centres in Odisha will now go up to eight. The four centres already established in the state are located at Bhubaneswar, Berhampur, Rourkela and Balasore.

Barring the Balasore unit, which is under construction, the other three centres are now operational and contribute the major chunk to the state's IT export basket. More than 100 IT units in the state are registered with STPI.

A provisional incubation facility at Balasore spreading over 5,000 sq ft is operational from a temporary campus. The Balasore centre will be a 20,000 sq ft facility built at a cost of Rs 10 crore in Bampada industrial estate.

The STPI centre in the coastal Odisha district will act as a resource centre for IT/ITes exporting units by offering general infrastructural facilities, ready to incubation space, high speed data communication (HSDC) with 100% uninterrupted data connectivity and other amenities required for export of software and services.

A total of 45 units have contributed to IT exports from the state during 2014-15. Of them, 42 units are registered under STPI and the balance are located in Special Economic Zone (SEZ). The IT export from Odisha was Rs 2,564 crore in 2014-15.

The STPI registered units have clocked export figures of Rs 2,077 crore while SEZ units exported Rs 487 crore worth of software. Among others, software majors Infosys, Tech Mahindra are registered with the STPI in Odisha.





This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Tuesday, 24 November 2015

RBI simplified export declaration procedure (FEMA Forms) for all exporters

Join STPI Blog - http://stpi-scheme.blogspot.com/
RBI simplified export declaration procedure (FEMA Forms) for all exporters 



Software Export – Filing of bulk SOFTEX-further liberalisation
RBI/2015-16/231
A.P. (DIR Series) Circular No.27
November 05, 2015
To,
All Authorised Dealer Category – I Banks
Madam/ Sir
Software Export – Filing of bulk SOFTEX-further liberalisation
Attention of Authorised Dealers is invited to A.P. (DIR Series) Circular No. 80 dated February 15, 2012, A.P. (DIR Series) Circular No. 66 dated January 01, 2013and A.P. (DIR Series) Circular No. 43 dated September 13, 2013, in terms of which a software exporter, whose annual turnover is at least Rs.1000 crore or who files at least 600 SOFTEX forms annually on an all India basis, is eligible to declare all the off-site software exports in bulk in the form of a statement in excel format, to the competent authority for certification on monthly basis.
2. In order to provide benefits to small exporters also, it has been decided to extend this facility to all software exporters. Accordingly, all software exporters can now file single as well as bulk SOFTEX form in excel format to the competent authority for certification. The SOFTEX form is given at Annex I. Since the SOFTEX data from STPI/SEZ is being transmitted in electronic format to RBI, the exporters are required to submit the SOFTEX form in duplicate as per the revised procedure. STPI/SEZ will retain one copy and handover the duplicate copy to the exporters after due certification.
3. As hitherto, the software exporters can generate SOFTEX form number (single as well as bulk) for use in off-site software exports from the websitewww.rbi.org.in. In order to generate the SOFTEX number/s, the applicant exporter has to fill-in the online form (Path www.rbi.org.in ⇒ Forms⇒ FEMA Forms⇒ Printing EDF/SOFTEX Form No.). The specimen of the online form and the advice are given at Annex II.
4. The Foreign Exchange Management Act (FEMA),1999 requires exporters to complete the SOFTEX form using the number so allotted and submit it first to the competent authority for certification and then to the AD for further necessary action, as hitherto.
5. Authorised Dealers may bring the contents of this circular to the notice of their constituents concerned. The above instructions will come into force with immediate effect.
6. The directions contained in this circular have been issued under section 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law.
Yours faithfully,
(A K Pandey)
Chief General Manager





This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Thursday, 5 November 2015

Kolhapur-based IT company wins award in Asia's largest expo

Join STPI Blog - http://stpi-scheme.blogspot.com/
 Kolhapur-based IT company wins award in Asia's largest expo



KOLHAPUR: A city-based IT firm, Trimetric Softwar Solutions, recently won best exhibitor award in Asia's one of the largest electronics and IT expo, CeBIT India 2015, in Bengaluru. The company won the award for its solution for motorbike and schools in the 'Make in India' category.

The expo is organized by Software Technology Park of India (STPI) with the Hannover Milano Fairs India Pvt Ltd, the Indian subsidiary of the global joint venture of Deutsche Messe (Germany) and Fiera Milano Group (Italy), every year.

Jaydeep Mohite, founder and chief operating officer of Trimetric, said the award is a big achievement for the company which is locally developing IT solutions primarily for motorbike and education purposes. "Our GPS Axis application won the best innovator award and STPI has further shortlisted 10 IT organizations for participation in CeBIT 2016 at Hannover, Germany to propel their access to global markets. Trimetric Software Solutions is one of them selected in those 10 startups to take their business presence from national exposure to international exposure," he said.


GPS Axis Application provides solution to stop vehicle and protects it from theft. It also helps the vehicle owner to assess the location of the vehicle through Google Map. Besides, Trimetric has also developed a mobile-like gadget for school-going children. "We have developed a special device using which children can call, send SMS to specific numbers. The device will work like a cellphone with limited applications in it," Mohite said.


News Source : TNN | Nov 5, 2015, 02.48AM IST


This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Seventh Pay Commission: No Increment And Promotion Without Computer Test

Join STPI Blog - http://stpi-scheme.blogspot.com/

Seventh Pay Commission: No Increment And Promotion Without Computer Test




New Delhi: The Seventh Pay commission is planning to recommend computer literacy test mandatory for all central government employees to become eligible for annual increments and promotions.


Seventh Pay Commission Secretary Meena Agarwal


Pitching for Prime Minister Narendra Modi’s ambitious Digital India Programme, the pay commission is likely to move towards digital governance, which would not only ensure transparency but also bring accountability.

“We are giving importance to Digital India and want to move towards mobile governance, by which good governance will come naturally and there will be transparency and accountability,” once PM Modi said.

A pay panel official said that technology is needed to empower government employees. “India will not make progress till all government employees have computers knowledge. Computers knowledge will help the all employees in file circulation electronically leading to swift process and speedy decisions.”

He added that the pay panel likely to make passing computer test mandatory for all central government employees below the age of 50 for annual increment.

The official advocated, like the software in a computer needs to be updated, a government employee needs to constantly upskill himself to stay relevant. The skills that proved useful a few years ago may have become outdated now. The employees who are not able to adapt in a changing world are vulnerable. They may have sufficient skills to handle the present, but may not be able to handle the future needs of their office.

Accordingly, the pay panel is planning to advise the government to instruct all its employees to attend the compulsorily update computer training programme for getting promotions.

The Seventh Pay Commission, headed by Justice A K Mathur, was appointed by the previous UPA government in February 2014 and its recommendations are scheduled to take effect from January 1, 2016.

Meena Agarwal is the secretary of the Commission. Other members are Vivek Rae, a retired IAS officer of 1978 batch and Rathin Roy, an economist.

The Seventh Pay Commission was appointed for 18 months, its terms was extended in August 2015 by four months till December 31, 2015.

The government constitutes the Pay Commission almost every 10 years to revise the pay scale of its employees and often these are adopted by states after some modifications.

As part of the exercise, the Commission holds discussions with various stakeholders, including organisations, federations, groups representing civil employees as well as Defence services.

The Sixth Pay Commission was implemented with effect from January 1, 2006, the fifth from January 1, 1996 and the fourth from January 1, 1986.


News Source :



This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Wednesday, 4 November 2015

CeBIT 2016 edition to focus on digitisation

Join STPI Blog - http://stpi-scheme.blogspot.com/
 CeBIT 2016 edition to focus on digitisation

Bengaluru,Oct 31, 2015,


More number of startups are expected to attend next year’s CeBIT to be held in Hannover from March 14 to 18, 2016, said Jan-Hendrik Tiedje, Key account manager of Deutsche Messe. Speaking on the sidelines of CeBIT India 2015, on Friday, Tiedje emphasised the need for digitisation and stated that it is the need of the hour.

He also emphasised on the importance of Keynote topics for the success of CeBIT. Next years’s CeBIT will focus on digital economy. 

“The focus is also on the financial technology sector. Sergio Ermotti, Group CEO of UBS, is one of the attendees for the next year’s event,” Tiedje said, adding Switzerland is the partner country in the upcoming CeBIT Hannover. He also assured the promotion of Indian MSME sector with delegations from Kerala, Odisha, UP and Gujarat making their foray into the  European market.

Priya Sachdeva, Project Manager of HMFI, highlighted the importance of Electronics and Computer Software Association (ESC) in providing large amounts of subsidies to small scale businesses for their participation in CeBIT. Commenting on the importance of growth talks, a new concept in India, Priya added that they are committed to the promotion of entrepreneurial spirit in India. While highlighting the importance of CeBIT, Girish Babu, CEO of Technopark, said that CeBIT gives aspiring entrepreneurs a global overview of the market place.

Arbind Prasad, Director General FICCI, said that FICCI would be managing the India Pavilion on behalf of the Government of India in the upcoming CeBIT. FICCI will be supported and funded by the Department of Industrial Policy Promotion and Department of Electronics and IT, he added



This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Manufacturing startups shine at CeBIT, seek funds

Join STPI Blog - http://stpi-scheme.blogspot.com/

 Manufacturing startups shine at CeBIT, seek funds




KT Rama Rao, Minister for IT, Telangana, speaking at the inaugural speaker at CeBIT 2015, BangaloreKT Rama Rao/Twitter
Indian manufacturing startups operating in the space of vision inspection system, data monitoring and control and advanced Point of Sale (POS) solutions are vying for attention and funding at the software industry-dominated CeBIT.

Vision inspection system and self-learning system machines manufacturing startup Maxerience aims to automate quality control in dynamic manufacturing with its machines, said founder Pradeep V.S.R. Pydah.



"Maxerience takes the photograph of a perfect product (Golden reference) and compares the quality of subsequent products for quality and pinpoints defects," he said, adding one of their clients manufactures 12,000 remote control key pads every day and employs four people to physically check for defects - a task which they have automated.

Some of the technologies deployed by Maxerience are machine learning, motion control electronics, computer vision and mechanical design among others.

Self-funded Maxerience has four customers including a Fortune 50 company. It is also selling vision inspection systems for electronics manufacturing and 3D printing companies in South Korea.

Self-funded three-year-old Data Monitoring and Control startup EMNICS makes systems for industrial data monitoring and failure detection, said its founder Jegajith P.T., saying their technology can be used by a a power plant company with operations in remote areas to monitor its machines remotely and avert failures.

Currently operating with eight employees, EMNICS aims to focus on Internet of Things (IoT) security in the future.

Easy Design Solutions is another hardware startup showcasing its Point of Sale (POS) products at India's largest software fair.

Its founder Soundararaj R. Damodharan said, "There are so many POS machines in the market now, but many of them lack advanced features like Cloud integration, ERP integration, online report generation, remote inventory management and advanced authentication mechanism among others. These are all packed in our POS machines."

Damodharan is seeking funding and marketing guidance from VCs, Angels and mentors.

However, one common fundamental pain point highlighted by the manufacturing startups is lack of funding and venture capital enthusiasm for manufacturing startups India.

"Everybody brags and exaggerates funding for software and e-commerce startups while ignoring manufacturing and hardware startups. The heart and soul of aMake in India' and 'Digital India' is manufacturing... just check how much of funding trickled down to manufacturing startups," questioned a hardware startup founder who did not wish to identify himself.

"I had to incorporate my startup in the US as I did not get sufficient encouragement in India. Not everybody can do that," he added.

V. Mahadesha, additional director, Software Technology Parks of India (STPI), said: "Nationalised banks like SBI and others must give collateral free funding to manufacturing startups, which should not be harassed even if they fail."

Another reason he cited for the lack of enthusiasm is the duration it takes for a hardware startup to break even.

Like any manufacturer, manufacturing startups have to bear the expenses of power, machines, building and others to name a few.

Nearly 20 manufacturing startups are showcasing their wares at CeBIT with support from STPI.


News Source : Ibtimes ( 31/10/2015)



This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Bengaluru host CeBIT India 2015

Join STPI Blog - http://stpi-scheme.blogspot.com/
 Bengaluru host CeBIT India 2015

The second edition of global IT event CeBIT India 2015 will start off on Thursday at Bangalore International Exhibition Centre (BIEC) on the city's outskirts.

"India is fast emerging as the global destination for cutting-edge innovation and through our show (CeBIT 2015) we aim to showcase the brilliance of Indian ideas to the global community," said Mehul Lanvers Shah, MD of Hannover Fairs India, the event organiser, in a statement.

At least 10,000 visitors are expected to attend the three-day event from October 29 with about five percent of them originating from abroad.

Along with 100 MNCs, 380 firms, 150 delegates have already confirmed their participation for CeBIT India 2015.

GPS enabled applications, cloud computing applications, motorbikes incorporating innovative automation technology and a human resources mobile app linking job seekers and employers through GPS will be launched by startups at the event.

State-run Software Technology Parks of India (STPI) has partnered with Hannover Milano Fairs India to provide a platform for nearly 100 Micro Small and Medium Enterprises to mark their presence at CeBIT India 2015 to showcase their products and solutions.

From the participating MSMEs, 10 will be shortlisted for participation in the premier CeBIT Hannover 2016 in Germany to propel their access to global markets.

CeBIT Global Conferences (CGC) is a special feature of CeBIT India 2015, it features 30 sessions featuring 80 Indian and international speakers talking on digital disruption and related opportunities in a spectrum of industries.

Emphasising on CBC central theme Diconomy, industry leaders will speak on Innovating for Digital India, Digital Disruption in Financial Sector, Next generation connectivity - making 4G Real, The Future of Work, IT: The Power behind Energy, Diconomy - The shared economy - making it all work together, IoT - How smart products are transforming industries and Industry 4.0 - Manufacturing goes Digital.

Kerala is partnering CeBIT India 2015 as the Digital Foundation Partner. The department of Information Technology, Kerala and CeBIT will together promote 'Digital India'.

CeBIT India 2015 will house a special pavilion Kerala showcasing the state's IT capabilities.

"We are happy to partner with CeBIT for the second time, after a successful association last year. Through the show's global platform, we hope to play a significant role in the Digital India campaign, and generate more than 40,000 direct and over 1.6 lakh indirect employment opportunities," said Girish Babu, CEO, Technopark, Kerala in a statement.

Telangana minister for IT and Panchayat Raj K. Taraka Rama Rao, T. K. Ramachandra, IT secretary, Tamil Nadu and Ajay Kumar, additional secretary, Department of Electronics and Information Technology (DeitY) are the keynote speakers at the event inauguration on Thursday.

Being organised since 1999, CeBIT is one of the largest and most international computer expos. Deutsche Messe AG (German Trade Show, Inc.) organises similar ICT expositions bearing the brand name CeBIT in Australia, Turkey and Brazil.

Deutsche Messe AG introduced CeBIT in India in 2014 customised to suit Indian IT industry needs and demands, CeBIT India 2014 hosted 9,311 business buyers over three days in November 2014.



This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Second edition of CeBIT

Join STPI Blog - http://stpi-scheme.blogspot.com/
 Second edition of CeBIT 



The second edition of CeBIT India, a leading IT event, organised by Hannover Milano Fairs India, opened here on Thursday.

Various small and medium industries, large IT companies, start-ups and other States are participating in the three-day event that will bring digital solutions marketplace under a single roof.

Around one-fourth of the total participants are from Karnataka. As many as 21 States, including Odisha, Kerala, Jammu and Kashmir and Telangana, are participating in the event. The organiser said that he got overwhelming participation from the Union government.In the first edition of the event last year, CeBIT had partnered with State government’s ITE.biz. However, this year, the government has decided to organise ITE.biz separately. When asked about the government’s absence, Mehul Shah, Managing Director, Hannover Milano Fairs India said, “The disagreement with the government over CeBIT India 2015 participation was purely on clash of interests, and there is nothing more.”He said, “CeBIT India is a purely business-to-business meeting and the State government wanted the event to be an investors’ meet for which CeBIT said it was not their strategy.”

Replying to a query on not inviting government’s representatives, Mr Shah said, “CeBIT India sent an invitation to Ministers, department heads and other officials.” To a query on the venue next year, he said, “That will be discussed after getting inputs from the participants and business community with whom CeBIT India is associated.”



This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -

Hardware startups lament lack of funding

Join STPI Blog - http://stpi-scheme.blogspot.com/

Hardware startups lament lack of funding


BENGALURU: Indian manufacturing startups operating in the space of vision inspection system, data monitoring and control and advanced Point of Sale (POS) solutions are vying for attention and funding at the software industry-dominated CeBIT.

Vision inspection system and self-learning system machines manufacturing startup Maxerience aims to automate quality control in dynamic manufacturing with its machines, said founder Pradeep VSR Pydah.

"Maxerience takes the photograph of a perfect product (Golden reference) and compares the quality of subsequent products for quality and pinpoints defects," he said, adding one of their clients manufactures 12,000 remote control key pads every day and employs four people to physically check for defects -- a task which they have automated.

Some of the technologies deployed by Maxerience are machine learning, motion control electronics, computer vision and mechanical design among others.

Self-funded Maxerience has four customers including a Fortune 50 company. It is also selling vision inspection systems for electronics manufacturing and 3D printing companies in South Korea.
Self-funded three-year-old data monitoring and control startup EMNICS makes systems for industrial data monitoring and failure detection, said its founder Jegajith PT, saying their technology can be used by a power plant company with operations in remote areas to monitor its machines remotely and avert failures.

Currently operating with eight employees, EMNICS aims to focus on Internet of Things (IoT) security in the future.

Easy Design Solutions is another hardware startup showcasing its Point of Sale (POS) products at India's largest software fair.

Its founder Soundararaj R Damodharan said, "There are so many POS machines in the market now, but many of them lack advanced features like cloud integration, ERP integration, online report generation, remote inventory management and advanced authentication mechanism among others. These are all packed in our POS machines."

Damodharan is seeking funding and marketing guidance from VCs, Angels and mentors.
However, one common fundamental pain point highlighted by the manufacturing startups is lack of funding and venture capital enthusiasm for manufacturing startups India.

"Everybody brags and exaggerates funding for software and e-commerce startups while ignoring manufacturing and hardware startups. The heart and soul of Make in India' and 'Digital India' is manufacturing... just check how much of funding trickled down to manufacturing startups," questioned a hardware startup founder who did not wish to identify himself.


News Source : Time of India (31st Oct. 2015)


This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group  of STPI -