The outline was full of lofty ideals, including the principle that Japan’s info-tech strategy should be powered by the private sector and the role of authorities should mainly be limited to promoting fair competition. But it was short on details. It may be pertinent to mention here that the US $ 1 is equal to107.28 yen. It urged the revision of regulations blocking the way to the spread of electronic commerce and the promotion of "on line government" by 2003 to streamline the activities of the bureaucracy and smoothen the path for public-private interface. The government says there are 733 regulations and 124 laws obstructing e-commerce. Prime Minister Yoshiro Mori has made Information Technology (IT) a key plank of his economic policies. Some critics, though, suspect that plans to shift spending away from traditional public works projects, such as bridges and roads, to an information highway is in part a smoke-screen for the old-style pork barrel spending that has come under heavy fire from the public of late. The planned Bill would require the government to identify high priority projects with clear goals and set time-frames to help Japan fully harness its info-tech potential. The Internet has been relatively slow to catch on in Japan, with the high cost of telecommunications fees a key barrier, and many companies fear the lag is hampering their ability to compete. The new legislation will call on the government to provide training for the average citizen in IT technology and to bolster the ranks of IT experts. — Reuters |