Sorry Mr Jaitley, Your Budget 2015 Has Left The IT Sector In The Lurch

Amid high expectations from the IT industry, Finance minister Arun Jaitley presented his first full-year Union Budget 2015 in the Lok Sabha on Saturday. This time the expectations were much higher, given the fact that technology was a focus area in the government’s maiden budget presented in July.

Reacting to Jaitley’s first full-fledged Budget, Greyhound Research Chief Analyst Sanchit Vir Gogia says, “We believe that in this budget the government has not given clarity on developments about initiatives that were proposed in the last budget like E-Kranti, Smart Cities and the 10,000 crore fund for SMEs.”

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