Anil Valluri,
President,
NetApp Indian & SAARC
“It is a well-rounded, directional budget which doesn’t overpromise but tackles important issues. The proposal of a Digital India programme which begins with 500 Crore INR to facilitate pan-India broadband connectivity and eGovernance, encourages indigenous hardware and software entrepreneurship and supports a National Rural Internet and Technology Mission is another big step in the right direction. The strong focus on the SME and start up ecosystem is refreshing. But the highlight of this year’s budget is the focus on use of technology to empower infrastructural projects such Smart Cities. The relaxation of FDI eligibility thresholds aimed at the creation of Smart Cities provides the financial platform for technology-enabled urban regions. Delivering a stable and comprehensive direct and indirect tax regime will entail a modern technology infrastructure. The introduction of new industrial corridors, incentives for manufacturing units and measures to promote investments in the development of factories, airports, ports and roads will ensure that India attracts investors in all sectors.”
