IT industry pitches for education, infrastructure
IT industry is keen to see the Govt doing something proactive and substantial to give a push to the education and infrastructure sectors.india Updated: Feb 25, 2006 12:18 IST
India's booming IT industry is keen to see the Government "doing something proactive and substantial" to give a push to the education and infrastructure sectors in the coming Budget, a senior industry body NASSCOM official said.
"Broader issue which concerns us..Affects the growth of the industry are education and infrstructure," NASSCOM President Kiran Karnik said on IT industry's budget expectations.
"Both these areas, we would like to see the budget doing something proactive and substantial," he told reporters on the sidelines of the second Sino-India Software Industry Cooperation Summit.
He said though there were resource constraints, the industry was looking for a "big increase" in budget allocation for the education sector, and also hoped that the Government would allow more private investment in this sector.
On infrastructure space, Government needed to look at ways to see how it could be revamped in urban areas and also in terms of speed in completing the works and projects. In this context, the Government needed to bring in the expertise and ability of the private sector, Karnik said.
BPO companies were seeking "clarification" on the issue of taxing parent companies who outsource their work to India, he added.
First Published: Feb 21, 2006 18:07 IST