labels: Economy - general
Focus on long term economic growth news
29 February 2008

Manoj Chugh, EMC Corporation

Mumbai: Manoj Chugh, president, India and SAARC, EMC Corporation, says that overall, the budget looks to focus on enhancing long term economic growth through stronger investments in social infrastructure.

In this direction, investment in education for not only spread but also improvement of quality is encouraging. He says the setting up of additional IITs, and a fund for improving the employability of our workforce are positive initiatives from the finance minister to address the manpower needs of the technology sector.

According to Chugh, investments in excess of Rs800 crore in the area of building a knowledge infrastructure including broadband, state wide area network (SWAN), and data centres will definitely enhance capabilities and support the belief that information-sharing across the country will lead to a more inclusive economic growth.

We are also encouraged by the reduction in custom duties for IT hardware components, as it will lead to lower prices and higher consumption in the domestic sector.


 search domain-b
  go
Legal Policy | Copyright © 1999-2008 The Information Company Private Limited. All rights reserved.  
Focus on long term economic growth