Post-Budget Reaction by Mr. Kenny Ye, MD, UCWeb India

MD-UCWeb-India-Kenny-YeBudget 2015 is progressive and pragmatic with the right focus on aiding growth and increasing investments. I am glad that the Finance Minister has laid emphasis on ease of doing business in India and cutting down red-tapism. A cut in corporate tax is another big boost for India Inc. 

The Finance Minister has promised to allocate `1,000 cr for IT start ups and address job creation in the software sector. This is a step in the right direction for inclusive and sustainable growth which will enable innovation and entrepreneurship. There is also the much-needed thrust on higher education and skill development. The National Skill Development Mission will enhance the employability of rural youth and tap India’s vast potential across social segments. 

I hope the government firmly embarks on its mission of internet connectivity and digital literacy to aid the next phase of growth.

© News Service

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