ICSSR sponsored Two Days National Seminar on “Role of Internet of things (IoT) in Promoting Sustainable Economic Growth in India 2047”
SEMINAR REPORT
An
ICSSR sponsored Two Days National Seminar on “Role of Internet of things (IoT)
in Promoting Sustainable Economic Growth in India 2047” was organized by the
Department of Economics, Sri GVG Visalakshi College for Women on 21st
& 22nd December 2022. Internet of things (IoT) is the natural
evaluation of the internet and has many benefits including boosting global
economics, improving public utilization and increasing efficiencies enhancing
efficiency in primary, secondary and tertiary sectors to promote sustainable
development in India 2047.
Objectives of the Seminar:
ü Role
of Internet of Things in India’s Economic Growth.
ü Role
of Internet of Things in various sectors.
ü Challenges
in implementing Internet of Things in India.
ü Futuristic
Internet of Things for Sustainable Development in India 2047
The registration began at 9.00 a.m. Dr. M. Radha, Head and Associate Professor, Department of Economics, Sri GVG Visalakshi College for Women, Udumalpet welcomed the Chief Guest and the gathering.
In his keynote
address, Dr. N.S. Syed Ismail explained the importance of IoT in agriculture
and rural development, recent development in agriculture i.e., climate change
and security, smart agriculture, IoT applications, trends, automation in
irrigation, controlled environment agriculture and current challenges in
agriculture. The challenges
in agriculture - High disparity of income between agricultural and other
ventures, wastage of food in storage as well as from farm to fork, import of
vegetable oil, mono culture practices produce fewer nutritional crops, usage of
more water, chemicals and fertilizers. and the like. Agriculture induces a
heavy impact on the environment.
The Souvenir of the National Seminar was released by
the Chief Guest and received by Mrs. S. Kalaiselvi, Principal in-charge.
In Technical Session I, Dr. N. Mani,
Associate Professor & Head, Department of Economics, Erode Arts College,
Erode explained the need for IoT in environment conservation, benefits of IoT,
advantages in application of IoT, IoT and environmental conservation, common IoT
devices and equipment used in primary sector. Application of IoT in India like Infosys,
Tata consultancy Sky met, and ISRO are in a partnership to develop sensors, The
need for data provision and creation smart technology for rich ecosystem in agriculture
was also given focus. Smart Farming 4AP developed by AP government in partnership
with Melinda Gates foundation. Central govt. has invested significantly in
digital information systems for agriculture – e-NAM and I-Kisan.
In Technical Session II, Dr. A. Annadurai explained the
role of IoT in secondary sector, the contributions of IoT, its effects on
manufacturing, cost reduction, inventory management, reducing machine downtime.
Benefits of IoT in manufacturing include waste reduction, energy efficiency, etc.
How Data based strategic industry, textile industry, food manufacturing
industry, construction industry, and pharmaceuticals industry, chemical
industry, energy industry, steal industry, aerospace benefitted was explained
by the speaker. He also explained the drawbacks IoT.
Dr.Karthikeyan pointed out why IoT?, History of IoT,
the working of IoT, importance of IoT in Education, Medicare system,
e-governance, banking, e-commerce transports, and telecom sectors. IoT in smart
objects, future career, scope of IoT in India, He also highlighted the top 10
strategic IoT technologies & Trends,- Artificial Intelligence (AI), Social, Legal and Ethical IoT , Infonomics
and Data Broking, The Shift from Intelligent Edge to Intelligent Mesh, IoT
Governance , Sensor Innovation, Silicon Chip Innovation, New Wireless Networking
Technologies for IoT, consumer and enterprise IoT applications, Technology
roadmap of IoT.
Dr. C. Paramasivan delivered his ideas on “Role of IoT
in Economic Growth with respect to Financial Sector”. He explained the top IoT
trends in India 2020, the benefits of IoT for business, IoT technology for
business, In his talk he explained, the developments of IoT in Financial
sector, Applications of IoT in banking and IPI Tech Services.
Dr. Kappa Kondal deliberated on the future–oriented IoT for India’s Sustainable Development in 2047. In his lecture, the growth of IoT, IoT in agricultural sector in soil testing, water control and moisture, wind, weather, sowing of seeds, fertilizers and pesticides used and harvesting were explained. IoT in allied sectors, IoT in manufacturing sector, IoT in service sector, IoT in health care, IoT in Retail sector and Baking were also discussed.
The Challenges in implementing IoT in India was explained by Dr. P.Ravichandran. In the afternoon session, the rapporteurs Dr.K.Pushpavalli, Associate Professor and Head, Department of Economics, Sri Sarada College for Women, Salem. Dr. Nirrmala Satheesh, Assistant Professor of Economics, NGM College, Pollachi and Dr. J. Geethamani, Assistant Professor of Economics, Sri Ramasamy Naidu Memorial College, Viruthunagar analysed and consolidated the 52 papers presented by the participants from various institutions.
