Quote from Mr. P.G. Lakshminarayan, Vice President – Finance, eScan on his expectations from the new Government in the IT industry:
We expect a stable, decisive, business friendly and transparent government. With the new government taking reins, we expect to have policies that will bolster infrastructure development in India, thereby contributing towards growth, creation of large scale employment, pushing up the GDP growth and lower the poverty levels.
Moreover, we expect a transparent tax policy and interest rate rationalization which will lead to competitive level-playing opportunities. Overall, we expect the new government to act as a catalyst to stimulate entrepreneurship.