This report is made by C-DEP which summarizes the Indian economy on all aspects from macro to micro level. Major highlights of the report are;
- Digital India outlay of US $17.5 billion;
- India emerged as the top FDI destination in 2017, receiving $63 billion;
- Proactive government and geopolitics creating opportunities outside India with Africa, Middle East, Latin America, South Asia;
- Startups are witnessing rapid growth in India owing to easy access to technology, rapid growth of internet and deeper penetration of mobile technology;
- India rank in 2015 was 142 (out of 189 economies) in the World Bank ease of Doing Business Ranking 2015
The Centre for Digital Economy Policy Research (C-DEP), in partnership with IIT Delhi, conceptualized and created a national level platform for Best Practices in Public Procurement held on 17th July 2013 at IIT Delhi.
The key issues which impact the digital economy that were discussed were:
- Implementation of the ERV Clause in DGS&D RCs
- Continuation of Centralized payment structure through CCA
- Recognizing Existing IPR in Government Procurement Contracts.
- Strengthening Quality Control through DGS&D Green Channel.
- Standards Aware Procurement
- Setting mechanisms for procuring the New Way of IT – Cloud, managed services etc
- Creating a mechanism to support innovation procurement by the government
The Centre for Digital Economy Policy Research (C-DEP) appreciates the high quality of the draft policy on ICT&E R&D.
C-DEP believes that the policy can be further enhanced by also bringing in focus on non-structured innovation, especially those coming from MSME’s and vocational centres and by focusing on institutionalized processes for roping in large domestic corporations early on into a R&D lifecycle, in order to ensure appropriate commercializations and economic benefits.
The purpose of the document is to provide inputs to the draft Policy on R&D in ICT&E by the Department of Electronics and Information Technology, Ministry of Communication and Information Technology, Government of India, in order to strengthen the policy.
The Centre for Digital Economy Policy Research (C-DEP) supports the Indian government’s decision to create a single guideline for public procurement as outlined in the Public Procurement Bill 2012. With a view to synchronize the Government’s procurement policies as currently followed by the DGS&D with the PPB 2012, C-DEP’s observations are given in the following document.
C-DEP recommends that;
- Payment terms, should be revised to a 98:2 ratio from the current 50:50 ratio,
- The Ministry of Finance reinstates the Suspense Account, and creates a reliable screening mechanism till such time that the Suspense Account is reinstated,
- The Chief Controller of Accounts (CCA) strengthens the payment process by tracking and updating the registration of authorized signatories who can ask payments to be released to vendors,
- DGS&D rate contracts allow for a structured process for product upgradation during the time period of a rate contract,
- The DGS&D moves towards accepting digitally signed documents that do not require ink signed backup copies,
- OEM test reports in case of ERTL certification requirements be accepted by DGS&D, and
- The DGS&D creates a mechanism for seamless validity of rate contracts.