Microsoft to fund projects in India

By agencies   |   Wednesday, 30 November 2005, 08:00 Hrs
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HYDERABAD: Microsoft Corporation (India) has said it will fund projects aimed at social and economic development.

"Last year, we had invested over $4 million in taking up development projects in India. Still, there is lot of scope for extending financial and material aid to India," Microsoft Corporation Senior Vice-President and General Counsel Brad Smith said.

Smith said that digital divide in India should be bridged with partnerships.

Meanwhile, NASSCOM Foundation Executive Director Sukanya Rath said technology applications can impact development in a significant way.

Under the Microsoft Unlimited Potential (UP) Program, better known as Project Jyoti, the software major has so far made cash grants of 5 crore. The project targets to directly train 22,155 persons by end of 2007.

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