The government should give more priority to the digital India movement

Gurpreet Singh, Managing Director, Arrow PC Network

"India ranks 63 in the World Bank's ease of doing business list featuring 190 countries. This is a testimony that India is a growing hub for investment, start-ups and MSMEs which is also witnessing a boom in the adoption of digital technology. But the upfront cost of adopting technology is also huge. The government needs to support organizations of various sizes with tax relaxations and subsidization which would lead to overall improvisation. To further facilitate the ease of doing business, the government needs to simplify various laws that are complicated and demotivate investors. The government should also look towards the reduction of personal income tax rates which would help the struggling economy and the people. With Covid-19 more and more companies have suffered irrespective of their sector and size, the government should support the businesses that are struggling to survive. The government should give more priority to the digital India movement that has gained momentum, especially in the past year. From remote working to digital shopping and interactions the growth has been tremendous, but to ensure this momentum is not lost due to lack of security and policies to protect the people, the government should come up with a robust cybersecurity policy. Tech companies that provide cybersecurity products and solutions should be given relaxations as more and more cybersecurity based companies are coming up in India."