• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Overall the budget focuses on enhancing long-term economic growth through stronger investments in social infrastructure. Investment in education not only for spread but also improvement in quality is encouraging. The setting up of additional IITs and a fund for improving employability of our workforce are positive initiatives from the Finance Minister to address the manpower needs of the technology sector.

Investments exceeding Rs 800 crore in the development of knowledge infrastructure including broadband, SWAN and data centres will definitely enhance our capabilities and prove that information sharing will lead to a more inclusive economic growth.

We are also encouraged by the reduction in custom duties for IT hardware components as it will spur domestic consumption.

Manoj Chugh, President, India and SAARC, EMC Corporation

Stories in this Section
‘Cost of SIDBI’s refinance will come down’

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line