India to use tech solutions to grow: PM Modi at Bengaluru Tech Summit

BENGALURU: Prime Minister Narendra Modi on Thursday said India’s regulatory framework is being simplified to promote innovation in the technology sector and the government is actively engaging with key stakeholders for this. “You must be aware of the recent decisions taken by the government to ease compliance burden for the tech industry.

We are actively engaging with the stakeholders in the IT industry to chalk out a future policy framework for liberalising the sector and removing the compliance burden,” Modi said while inaugurating the 23rd edition of Bengaluru Tech Summit 2020 virtually. He was referring to the recent announcement by the Ministry of Electronics and Information Technology (MEITY) on removing ITeS/BPO firms from the OSP (Other Service Providers) compliance burden.