Budget 2020 Expectations: Startups & Technology Industry Wishlist
Deepak Mittal, CEO & Co-founder, TO THE NEW: We eagerly await the Budget 2020 expecting the government to focus on overall economic growth and by taking measures to continue positioning India as the IT epicenter of the world. We expect new policies promoting IT innovations by pushing relevant initiatives, making innovative and bold policy interventions to propel the process of digital adoption across varied sectors.
There’s no denying that Digital innovation is an important building block for India’s future growth. Thus, nurturing new-age tech, improving the quality of talent, and enabling start-ups must be on the agenda of this government. The government can strengthen R&D by providing tax incentives to technology start-ups in the Budget to enable India to draw level with the world.
It is important to note that the amount of data being created and stored across industries continues to grow at unprecedented rates. The government, therefore, must also intervene and play a role in the protection & management of this data.
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