Pvt sector should explore biz potential in social innovation

Pvt sector should explore biz potential in social innovation
Highlights

Telangana government is spearheading the movement of harnessing modern technology applications not only benefiting common man in remote areas of the state, but also transforming rural people into a healthy and wealthy community, said Telangana IT and Industry Minister KT Rama Rao, who advised private companies to explore business potential in social innovation.

Hyderabad: Telangana government is spearheading the movement of harnessing modern technology applications not only benefiting common man in remote areas of the state, but also transforming rural people into a healthy and wealthy community, said Telangana IT and Industry Minister KT Rama Rao, who advised private companies to explore business potential in social innovation.

Speaking at the third and concluding day of World Congress on IT (WCIT-2018) and Nasscom’s India Leadership Forum (ILF) here on Wednesday, KTR said: “Telangana government has taken up a school digitisation programme under TS Class. As part of TS Class, over 3,000 schools will be covered. The objective of TS Class is to bring uniform quality of education via satellites and internet. T-Fibre will play a vital role in this mission.”

KTR advised private companies to explore the business opportunities in social ventures. “The impact modern technologies on the society is huge. Investing in this space pays off well. I see good business potential in food processing, water, housing, etc. human needs at bottom of pyramid and self-actualisation at the top, while physiological needs are in between. Technology should help 4.5 billion people globally at the bottom of pyramid.”

“Telangana is a startup state and the Government thinks in agile passion in responding to citizens’ requirements and exploring technology applications for transforming rural economy. We ask the private companies to think like a Government to resolve the societal problems. The government is open for a partnership in this mission,” adds KTR. Taking fruits of technology to the rural masses, our utmost priority is for digitisation, he said.

KTR further explained that TS School programme will benefit the rural school children with high quality education as the digital lessons beamed through a satellite or internet.T-Fibre will revolutionise the delivery of several citizen services including education, health and governance. All schools, primary health centres and the Gram Panchayats will be connected under T-Fibre. As of now, four villages are connected under T-Fibre for the technology demonstration purpose.

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