Post-Budget Quote – S. Rajendran, CMO, ACER India
The thrust on Agriculture and Rural along with rural electrification and Digital literacy is well-founded since it has scope for absorbing investments and importantly yielding multiplier benefits. Keeping the fiscal deficit target intact sends a reassuring message to the international community on the Govt’s rectitude for prudence in managing the economy. One did expect some good income tax relief for the salaried class; that’s been a letdown. And on IT hardware like PCs, the focus on enabling manufacturing, while encouraging, falls short of its scope by excluding PC products and limiting it to rather insignificant things like batteries and adaptors.
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