The recent Budget statements in New Delhi, India retains certain hope of positivity for the ICT industry in the nation. The purose of such a Budget is to ensure the momentum created, to continue in the social sector enabling a greater penetration of ICTs in India.
This is hoped to trigger the higher economic growth which wil be translated into a higher disposable income for households and greater investments for the corporate. Both of these factors will contribute to an increased ICT spending. Government's programme for social upliftment will also trigger investments in the rural IT programmes. Reduction in FBT is also impact favourably the IT Services sector. The deregulation announced in the SME sector, would also encourage this segment to imbibe ICT work culture effecting higher spending and higher penetration.