Amar Babu,
MD,
Lenovo India
“The Modi government’s Budget for the year is positive, encouraging, and includes some much-needed reforms. With a strong focus on infrastructure, connectivity and with the rollout of GST, the FM has given a boost to the economy’s growth momentum, making it easier for businesses to operate. The reduction in Income Tax for the salaried comes as a relief, with a resultant rise in disposable income, encouraging IT purchases. For indigenous manufacturers, the Budget has aptly addressed the issue of inverted duty structure, thus enhancing local manufacturing. Furthermore, with a boost given to e-governance, and the focus on broadband penetration, the Budget has adequately harnessed technology to propel future growth.”
