IT industry to benefit with thrust displayed on skill development
Proposed bill on government procurements is a positive move both for industry in general as well as the IT hardware industry
‘While the fact that Corporate tax not being tinkered with is probably the only source of joy for private industry in general, the Finance Minister has been consistent with his social inclusion agenda with the rise in allocations for several key schemes including rural sanitation, water and education.
Skill development is the other area where that has seen some focus with a commendable credit guarantee scheme rolling out in addition to enhanced allocation for the National Skill Development Council.
This will solve a lot of problems being faced by industry in general and the IT industry specifically. The move towards improving governance with a new bill addressing procurement concerns in the government is a good sign. I do believe increased technology investments in government systems will be an imperative in this area.