Union Budget 2011: Reaction by EMC Corporation

Budget Reaction from Manoj Chugh, President-India and SAARC, EMC Corporation:

The Union Budget 2011-12 recognises the role Information Technology (IT) plays in the overall economic development and service delivery. Initiatives such as rural broadband connectivity, IT infrastructure backbone for GST, proposed norms for entry of new banks in the private sector, the mandate for public sector banks to cover rural villages, national knowledge network connectivity of research institutions, building e-courts, implementation of technology advisory group, recommendations and focus on green among others will boost overall expenditure on IT in the country.

Moreover, increased outlays on education with an emphasis on skilling the youth; overall social development and improving India