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PSUs are helping boost economy & make India self-reliant: Prashant Kumar Mittal

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Prashant Kumar Mittal

The three-day India Transformation Summit organised by Elets Technomedia from July 10 to July 12 brought a platform for the government and the industry leaders to present their views on India transformation. Prashant Kumar Mittal, Managing Director, National Informatics Centre Services Inc. (NICSI), Ministry of Electronics & Information Technology (MeitY), Government of India addressed the session themed – ‘Central Government PSUs Steering The National Economy and Making Atmanirbhar Bharat’.

Mr Kumar began with a note that the PSUs have always been a constant performer since independence. He stated, “Today, in this time of crisis when the government needs us the most we are here.” PSUs have been constructed as a foundation of self-reliant India since 1947 and thereafter. PSUs have been working as basic pillars for the development of the nation, he added.

“PSUs have been significant in not only developing infrastructure but have been involved in income generation, capital formation, generating employment opportunities… With the infrastructure solid industrial base is formed and leveraging that entities can start and establish their business”, told Mr Kumar. From developing and reaching towards developed, with increased export promotions and import stabilization, PSUs have contributed significantly in India’s development, he added.

Further, adding on the contributions by PSUs, Mr Kumar said, “PSUs have a done a lot when it comes to removing regional disparity. We could find PSUs operating in every nook and corner of the country as far as macroeconomic zones are concerned. PSUs were built to achieve these and to reduce dependency on foreign countries and imports.” PSUs have been proven shock absorbers, he added.

Turning his words towards the COVID situation in India and highlighting how PSUs have managed to help the government to neutralise the situation, Mr Kumar said, “People were facing difficulties in getting basic services like electricity, water, etc. We provided those to the citizens. People who needed medical services, we helped them with low-cost ventilators, face shields, masks, etc.” Due to the scarcity of things, cost of living spiked during the COVID period. PSUs helped to control the pricing in the time of crisis, added Mr Kumar.

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Apart from this, he added, transport facilities were provided. DTC came forward to support for the cause. This move was significant as during lockdown all the transportation was brought to halt. However, “we need to keep up the trust of the citizens. To build that trust we need newer ideas and newer approach”, told Mr Kumar.

Speaking on NICSI, Mr Kumar said, “The NICSI is now about complete its 25 years of successful operations. It has proved to be an excellent support system to MeitY and it is working closely with NIC which forms the backbone of e-governance in India.”

Further, speaking on how NICSI has been helping the system survive through the test of time, Mr Kumar said, “Many of our people were working from home and they were not having good enough laptops so we provided better systems to ease their working.” Moreover, we arranged digital facilities to process files from wherever the employee is working from, he added.

Also Read: NICSI Augmenting India’s e-Governance: Prashant Kumar Mittal

Besides these, as the NICSI were supporting other industries like rural development, health, transport, labour and employment, online education, homeland security, etc., said Mr Kumar.

Speaking on Aatma Nirbhar Bharat Abhiyan and the way forward, he said, “The demand for indigenous goods will increase with time and if this happens nothing much is further needed…

We are also providing guidance to MSMEs and startups and we are trying to make a favourable environment for them so that they can flourish.”

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