The budget announced this year in the context of IT industry has initiatives towards skill building and Information connectivity especially to the rural areas. This indeed is a positive step forward towards making real investment in people who form the backbone of the IT services industry. Renewed commitment to social sector and Infrastructure development is the key to an inclusive growth strategy that will give stable and sustainable growth in the coming years. This in turn would be good for the industry. Looking from a long term perspective, I see this budget focusing on the “supply” side challenges and if that focus is continued we would see India retain its competitive edge in the coming years. We have to see this as a very welcome “strategic change”? as a significant positive and leverage this to build IT Industry further.
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While the rural push is more than welcome, I think the rural push and enabling better primary education would help the millions of Indians – a very urgent and pressing need to increase the standard of college/ higher education in India.
Basic science is shunned by students as there is no value addition and fundamental research is all but not existent – there is a scenario that is cyclic and corporate intervention as well goverment steps are required to help this ailment.