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  • Post-Budget Reaction Quote_Rahul Sharma, Managing Director-India, LogMeIn

    Published on July 5, 2019

    Rahul Sharma, Managing Director-India, LogMeIn

    “We would like to congratulate India’s first female Finance Minister, Nirmala Sitharaman, for presenting an admirable budget. The Union Budget is a step in the right direction and strengthening the ICT infrastructure and the digital penetration in rural geographies. The Finance Minister has introduced the PPP model for BharatNet and has set up a committee to rationalize tax structure, review USOF, and the spectrum usage charges. This will considerably improve the industry dynamics as revenues continue to fade in the market. The Honourable Minister has further proposed several schemes to build skills, infrastructure, and conduct R&D around cutting-edge technologies including Artificial Intelligence and Big Data, which is another key takeaway.”

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