Post-Budget Reaction by Mr. Suresh Senapaty, Executive Director & Chief Financial Officer, Wipro Limited

Wipro-logoI would like to congratulate the Finance Minister for delivering a Budget with clear policy directions across the board. The government’s objective of accelerating economic growth is laudable. The focus on ease of doing business will spur growth and economic development. The thrust on employment generation in manufacturing is welcome. The Budget has accorded due regard to technology. While the Budget laid stress in adopting information technology for governance in plugging subsidy leakages and  in tax administration, it has also supported technology innovation in Industry by rationalizing tax on royalty. The commitment to fiscal discipline has been pragmatically balanced with flexibility. This Budget has re-started the much-awaited reforms process. The key consideration now will be the rigor of implementation.

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