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| Sashi Reddi, Founder and Chairman, AppLabs |
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"STPI could get 1yr exentsion" |
By CXOtoday Staff, 12 Feb 2009, 1355 hrs IST
What is your expectation from the Union budget this time around?
I believe that the government will give another 1 year extension to the STPI benefits. This would be a way for the government to show its support for the IT industry during these difficult times without making a longer commitment that may attract negative attention from other political parties.
Given the current global recessionary scenario, how can the government help IT companies? What special measures would you recommend the government to take?
The government must spend on upgrading technology infrastructure in the country as well as invest heavily in e-governance. This will serve many purposes. It will create demand locally, bring efficiency and transparency to government, as well as improve education through e-learning. This would be a sensible way to help the IT sector.
Which other changes in regulation do you think can the government make that will help the IT-ITes industry?
Making it required that schools have adequate computers, internet access, would drive benefits to both education and the IT sector. The other area is forcing various government departments to modernize their systems and move to e-governance applications would be good for clean and efficient government as well as the IT industry.
Do you think increased government spending on infrastructure, e-governance & IT can help the industry by spurring demand for IT software and hardware?
Absolutely, this should be a priority for the government.
Are you an export-oriented company? What are the measures you would suggest government take to enable you to improve competitiveness on this front?
The IT industry is already very competitive so I do not think the government needs to do much specifically for the IT sector, besides the STPI benefit for another one year.
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Kaushal Sampat, COO, Dun & Bradstreet India |
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| Although the outlay on certain infrastructure projects have been increased, it is doubtful if this would be enough to kick-start investment at the required levels. |
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