Union Budget detrimental for IT growth & exports: Experts

Trivandrum: Eminent industry experts and economists gave a clarion call to the Government to spruce up growth through increased public investment, amidst a general consensus that the Union Budget 2013 has contributed little to tackling the country’s three key problems of growth, inflation and current economic deficit. The Budget will make IT more expensive and there was nothing in the Budget to promote exports or the growth of the IT industry.

Trivandrum: Eminent industry experts and economists gave a clarion call to the Government to spruce up growth through increased public investment, amidst a general consensus that the Union Budget 2013 has contributed little to tackling the country’s three key problems of growth, inflation and current economic deficit. The Budget will make IT more expensive and there was nothing in the Budget to promote exports or the growth of the IT industry.

[via Kerala IT News – It’s all about IT in Kerala!]

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