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Ravi Shankar Prasad plans to create a digital ecosystem
NEW DELHI: Information technology minister Ravi Shankar Prasad today said social media has created a link between politicians and people in real time and 40 million users advise the prime minister Narendra Modi on social media everyday.
He said through steady and consistent monitoring, it became possible to create a more participatory system. In fact, the Swachh Bharat logo was created by Indian netizens. “I’m proud of social media. I support freedom of speech on social media. People criticise us, appreciate us and sometimes they blast us. But it’s always a pleasure to know their mind.”
Addressing the two-day India Today Conclave in Mumbai, he said creating a digital eco system for a population of 1.2 billion is by no means an easy task, and to make it one which is not just inclusive, but also economical is daunting, but necessary. The digital economy will grow to become a $1 trillion economy in the next 5 to 7 years, and there are 1.08 billion mobile phones and 350 million smartphones in India today.
The minster announced that Adhaar was developed at an impressive expenditure of $2 per day and the government authenticates 30 million transactions daily at no cost.
He said his Ministry was encouraging women — dalits, Kashmiris and more — to provide common services digitally at the click of a button. This is both empowering and important for India to develop and include in its journey the strata of society that require upliftment. He also spoke of poor farmers, initially with few opportunities and access to mandis, who now have 250 mandis available to them at the click of a mouse in order to more easily and effectively sell their ware. “I want to create a digital ecosystem for the country’s infrastructure,” he said.
“The Prime Minister has coined the term IT + IT = IT, which means, Indian talent plus information technology equals to India tomorrow.”
“The vision is to make India the biggest hub for technological manufacturing,” he said adding that India is fast becoming the biggest hub of electronic manufacturing. Prasad stated that from Rs 110 billion invested in the sector, the amount today stands at a whopping Rs 1270 billion.
Responding to President Donald Trump’s policy on visa restrictions in the United States, the Minister said an Indian presence in the IT sector abroad is indispensible not only for their country but also for India. Indian IT companies in America generate $200 billion plus tax. “America should know, Indians don’t steal jobs, they create them,” he said.
Prasad explained how campaigns such as Make In India, Start Up India and Stand Up India were designed to bridge the divide and make technology more accessible. “Digital India is more for the poor and underprivileged people,” he said.
The execution has thus far been successful, Prasad asserted. With the creation of Rs 270 million Jan Dhan accounts, linked to mobile phones and aadhar cards, subsidies on ration and other necessities go directly to people’s bank accounts. “We have saved Rs. 500 billion which used to be pocketed by fictional persons,” he said. Connecting and simplifying business for poor farmers has been a successful endeavour. “Today 250 mandis are available to poor farmers at a click of a button to sell their goods,” he said.
The Minister celebrated the ideas of Digi Gaons, engagement on social media and his impressive projection that the digital economy will grow to $1 trillion in the next five to seven years. “We don’t want to miss the Digital Revolution,” he said. “We request you to trust the enormous pull of technology.
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Parikshit Luthra exits CNBC-TV18 after 20-year run
Former bureau chief to take brief pause before next role
NEW DELHI: Senior journalist Parikshit Luthra has signed off from CNBC-TV18, marking 28 February 2026 as his final day and closing nearly two decades with Network18 Media & Investments Limited, including eight years at the business news channel.
During his tenure, Luthra interviewed prominent business leaders and Union ministers, reporting on economic policy, corporate strategy, the automobile sector and financial markets. His coverage spanned key inflection points in India’s economic narrative.
He also led new programming formats such as Newscentre, Global Eye and Global Lens, shows that examined politics and foreign policy through an economic prism, reflecting the channel’s push towards globally linked business reporting.
In a LinkedIn post, Luthra said his final weeks were spent covering the Union Budget, the India AI Summit, India’s trade agreements with the US and EU, and the group’s flagship Rising Bharat Summit 2026. He added that he continued anchoring until his last day and briefly met Prime Minister Narendra Modi during his closing assignments.
Luthra joined CNBC-TV18 in June 2018 as assistant editor, later rising to senior editor and chief of bureau, a position he held for over two years. Before that, he worked with Republic TV and CNN-News18.
He said he plans to take a short break before embarking on his next professional chapter.
