No measures to support export growth, says Wipro CFO

Chief Financial Officer of IT major Wipro Suresh Senapaty said there was expectation that some of the short-term measures to support export growth would be put forward in the interim budget “but this has happened”.

Chief Financial Officer of IT major Wipro Suresh Senapaty said there was expectation that some of the short-term measures to support export growth would be put forward in the interim budget “but this has happened”.

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But he said beig a vote-on-account budget, the government had limited scope in making the policy changes.

“We hope that next budget, which will be presented by the newly-elected government, will have the measures that facilitate export-competitiveness and sustain the growth momentum”, Senapaty said.

The allocation on rurual development, healthcare and education system is consistent with long-term objective of leveraging India’s human capital, according to him.