I&B minister make plans to create jobs and boost small industries
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2014-06-03

I&B minister make plans to create jobs and boost small industries

In a step that could boost employment generation and small industry, I&B minister Prakash Javadekar said that efforts will be made to encourage indigenization of set-top boxes.

In a step that could boost employment generation and small industry, I&B minister Prakash Javadekar said that efforts will be made to encourage indigenization of set-top boxes. 



About 12 crore set-top boxes will be required in the next six months for analog TV sets across the country to shift to digital ones. Javadekar said that he was planning to take up the issue with the ministries of finance, commerce and micro, small and medium enterprises ministry.

 

“Currently, India imports STBs from Korea, China and Hong Kong. Why should we import 12 crore set-top boxes? We are losing our foreign exchange and we are losing opportunity to develop our own industry," the minister said. Giving details of the roadmap, Javadekar said that his ministry would work with the ministry of micro, small and medium enterprises (MSME).

 

"We will work with MSME and there needs to be some concession from finance ministry. And we need certain decisions from commerce ministry," he said.

 

Javadekar said that he wanted to check the feasibility of domestic production first and added that decisions would be taken in national interest.

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