NEW DELHI (INDIA): India’s Finance Minister Arun Jaitley is all set to present the Union Budget for 2017-18 on 1st February.This would be his third full-year Budget. So all eyeballs on his briefcase, what Jaitley is going to present for India.
Lets go through Huawei India’s pre-budget expectations from Jaitley.
“Today India is at the center of world’s attention and thanks to the vision and initiatives undertaken by the present government. Key national initiatives like Digital India, Make-In-India, Smart Cities, Skill India has given an impetus to the Indian economy and has brought lot of confidence to both domestic and foreign investors.
To further bolster the digital eco-system of the country, the Hon’ble Government should announce dedicated spending on ICT just like some other sectors like education, health and other infrastructure. A fixed percentage of the government budget spend on digital infrastructure will give multi fold returns to India’s GDP and help bridge the digital divide by bringing more and more Indians to the digital main stream.
Last year, the Hon’ble Government led the way by conducting the mega spectrum auction and also introducing progressive policies like RoW rule 2016, M&A, Spectrum sharing and trading VNO regulations among others. The move will indefinitely help faster network roll outs, immensely benefiting the industry as well as consumers. In the same light, we hope this year’s Budget will give the essential infrastructure status to the telecom sector and identify the sector as a strategic area. This will help in easy access of capital at reduced financing costs thus making it easier to roll out digital infrastructure”
Chandan Kumar, Director – Marketing & Integrated Solutions, Huawei India