The Government of India has ticked most of the boxes in the list of expectations I had from them in 2016.
Year 2016 will always be remembered for the implementation of the demonetisation policy. The spirit of the nation should be lauded and celebrated as it showed significant patience and maturity to ensure smooth transition during these testing times. The Government of India, for its part, has been encouraging the adoption of mobile wallets and cashless transactions. This presents a paradigm shift for technology companies that are looking to build products and services for the India of today.
Issues concerning liquidity have impacted all industry businesses dominantly, but alongside increasing the potential of startups to transform and create a cashless digital country.
I expect the budget to ease the way business functions on the ground and give a platform to nurture innovation for India.
I look forward to a growth-oriented budget that boosts demand for Indian IT Services in the global economy through infrastructure development, skill development and provide the thrust to boost Indian Technology sector in the global arena. If we can combine the efforts of the government policies and innovation that young Indians are creating today, India will leapfrog the technologies of yesterday and emerge as the engine of global growth.
The author, Aashish Kalra is Chairman at Cambridge Technology Enterprises.