IT sector to create 25-30 lakh jobs by 2025: Prasad

Since the government announced the demonitisation exercise on November 8, number of digital payments through mobile wallets have increase by 104% to 44.3 lakh, 8803% under the unified payment interface to 3.31 lakh and 309% under the Aadhaar Enabled Payment System to 1.58 lakh as of May 17. "It is robust, slated for great growth and once digital economy ushers then you can fathom its development", Prasad said while sharing three years achievement of the Ministry of Electronics and IT.

On the issue of job losses in the IT sector, the Minister said the reports are "highly exaggerated". The company had always been seeking a range of incentives in return for setting up an iPhone plant in the country.

"We are also working with states on creating a virtual skills platform where people can go to acquire new skills or upgrade skills", he said, adding that the industry too will be a part of this initiative.

Industry estimates suggest that the total value of mobile phones produced in India touched near Rs. 0.9 lakh crore ($13.90 billion) compared with 0.5 lakh crore rupees in the previous year. "All major brands like Apple, Samsung in the ICT (information and communication technology) sector are manufacturing or are ready to manufacture in India", the statement added. "They are in touch with IT secretary for further expansion", Prasad said.

NASSCOM, and IT majors like TCS, Wipro, Tech Mahindra and IBM had been demanding a smooth procurement policy for doing business easily and it is the result of their consistent representation that a software procurement policy was unveiled today by the minister.

The government has set up a new organisation which would coordinate with central and state government agencies to implement the Digital India programme.

The Corporation will hire both from government and the private sector. "NeGD (National e-governance division)", he said.

Mr. Prasad said the Centre had roped in consulting firm McKinsey to help draw a roadmap to achieve this target.

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