Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Government Increases Digital India Funds by 23%

Increase in Digital India Funds
Image credit:

The government, in the budget for 2020, has increased funds for the Digital India initiative 23% to INR 3,958 crores (around US$5 54,905) compared to the actual allocation in the current fiscal.

The increase is mainly on account of incentives for electronics manufacturing, for research and development, the development of manpower for the segment, cybersecurity and the promotion of IT and IT-enabled services.

According to the budget document released earlier this week, the Finance Ministry had allocated INR 3,750 crores (around US$ 525,725) in the previous budget but it was revised downward to INR 3,212 crores (around US$ 450,301)

The document claimed the government has launched several initiatives that promote electronics manufacturing in the country to create an environment for the industry to compete globally.

Electronics manufacturing is an important pillar of the Digital India project and the target to achieve nett zero imports is a demonstration of intent, it said.

The government increased provision for the promotion of electronics and IT hardware manufacturing through the modified special incentive package scheme, the electronics development fund, and the electronics manufacturing cluster to INR 980 crores (about US$ 137 million) from INR 690 crores (about US $96 million) in the current fiscal.

The research and development programme under the Ministry of Electronics and IT will get 75% higher funding in 2020-21 compared to INR 435 crores (about US$ 60.9 million) in the current fiscal.

The fund will cover R&D activity in electronics, nano, and microelectronics including semiconductor integrated circuit layout design registry, medical electronics and health informatics, innovation promotion and start-ups, and high-performance computing including the national supercomputing mission.

The fund allocation for cybersecurity projects and promotion of IT and ITeS industries have been increased to INR 170 crores (about US$ 23 million) each from IN 102 crores (about US $14 million) and INR 90 crores (US$ 12 million) respectively.

The government has increased allocation for the National Knowledge Network to INR 400 crores (about US$ 56 million) from INR 274 crores (about US$ 38 million) in the current fiscal.

The government cut funds for the promotion of digital payments by more than half to INR 220 crores (about US $30 million) for 2020-21 from the INR 480 crores (about US$ 67 million) it allocated for the current fiscal.

OpenGov reported earlier that under this year’s budget, the government announced a national mission on quantum technologies and applications (NM-QTA).

The project will have a total budget outlay of INR 8,000 crores (around US$ 1.1 million) over five years and will be implemented by the Department of Science and Technology (DST).

The areas of focus for the mission will be in fundamental science, translation, technology development, human and infrastructural resource generation, and start-ups to address national issues.

The applications under the mission include aerospace engineering, numerical weather prediction, simulations, securing communications and financial transactions, cybersecurity, advanced manufacturing, health, agriculture, and education.

It aims to create high-skilled jobs, develop human resources and start-ups, and promote technology-led economic growth.

The mission plans to draw upon the existing strengths within academic institutes across India to support interdisciplinary research projects in key verticals involving quantum technology. It will try to develop key foundational strengths in important core areas.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.