Expectations from the Union Budget –We hope reducing inflation and fiscal deficit will be two of the most critical issues this budget addresses. Other important areas that need attention are infrastructure and education. We hope the budget will provide stimulus for increasing foreign investments in these areas and also provide for incentives to increase public-private partnerships. At the same time, we believe that the FM will need to take a hard look at rolling back stimulus in other areas. Specific to the Information Technology sector, we are hoping to get an extension to the tax holiday beyond 2010, by at least 5 more years. This, we believe, will enable the Indian IT sector to compete with other emerging global IT destinations. This will also help the small and medium IT businesses, which accounts for close to half of India’s software exports.Mohan Sekhar
President & COO, Collabera
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