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Govt’s digital push to drive big biz for start-ups
February 03, 2022
Technology firms and start-ups focused on new-age platforms, such as drones, space imagery, and AI, will likely be at the vanguard of the list of beneficiaries as the Budget seeks to democratize technology in a push towards digitization.
Finance Minister Nirmala Sitharaman on Tuesday proposed several initiatives, with technology as the pivot, to boost a wide swathe of sectors such as skilling, agriculture, education, mental health, or strengthening SME.
IT industry body Nasscom said the Budget is betting big on technology and it will help in shaping the next ten years of technology in India or Techade.
Ashwini Vaishnaw, Minister for electronics and IT, said at a briefing, “Digital and IT have been given a central place in the Budget. It is one of the four pillars of governance. Be it logistics, health, education, language, IT has been given an important place”.
Rajesh Gopinathan, MD at TCS, said, “The Budget provides several growth opportunities for technology industry across sectors such as railways, healthcare, education, financial services, which will accelerate India’s growth.
“The decision to introduce E-passport will further streamline the complete citizen experience, enhance security, and facilitate smooth international travel,” Gopinathan added.
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