Post Budget Reaction by Mr. Prashanth G J, CEO at TechnoBind

The one thing that stood out in the Budget is the putting up of the Vision 2030. While there are no details available as yet in terms of the implementation of this vision the fact that the government is thinking long term is well appreciated.

The focus on the Digitisation will go a long way in improving the social and economic fabric of the country – be it creation of jobs, uplifting the lower end of the society reducing the income gap and many more. The announcing of the 5 Lakh Digital Villages is really welcome. It will go a long way to leverage the benefits of technology right up to the grass root level. Especially in a country like India which has always been challenged from a penetration of technology this will be a big boost.

Also, another good thing that we got from today’s budget is Income Tax returns being processed within 24 hours. While one needs to wait and watch in terms of the practicality of this but it’s a welcome move in the right direction.

Overall a pretty good budget!!