He emphasised that digital technologies have to be safe so that "vested interests, extremists may not abuse it" and added that they must also be sustainable.
His remarks also come against the backdrop of the government banning many mobile applications in recent months, citing national security issues.
Prasad said the government is focussed on ensuring that an enabling atmosphere is available for Indian minds to help create a robust 4G network as the "precursor" of the 5G network.
"We're also very keen that India must be 5G ready and for that test beds have been created, those provisions will also be unfolded further. We want good innovation, Indians have got all the talent... we must also help in innovation creation and empowerment of the 5G process with good application of Indian human resources and innovative minds," he said.
Further, Prasad said the government has utilised digital channels for empowering the masses.
"We sent Rs 13 lakh crore, close to USD 175 billion in the last five-and-a-half years through these digital instruments directly to the bank account of the poor and we have saved Rs 1.78 lakh crore, approximately USD 24 billion," he said.
According to him, new technologies, whether it is 5G, artificial intelligence or IoT, will all work together to create a further favourable ecosystem where mobile phones are at the centre, bring in more opportunities and an enabling atmosphere.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.