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Expectations From The Union Budget 2016-17 – Symantec

“From being a vertical niche, Information Technology has become image001 (50)a horizontal technology, being used in a wide range of sectors – including but not limited to policy priorities like education, healthcare, infrastructure development and financial inclusion. As the country is advancing towards becoming a knowledge economy under the Digital India initiative with technology as the pivot, the upcoming budget is a perfect opportunity to reinstate the blue-print for sustained growth and we hope to see an increase in the annual budget for IT projects.

Moreover, from a technology adoption point of view, while mobility and cloud adoption are on the rise, India continues to ranks high both as source and destination of cyber attacks. These risks can impede the potential benefits of ‘Digital India’ programme. Hence, it is imperative to allocate 10% of the IT budgets exclusively for cyber and information security to ensure that the citizens are truly empowered to use the IT infrastructure and e-governance services.” – Shrikant Shitole, Managing Director, India, Symantec

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