TCS says DigiGaon initiative will empower common man

Image
Press Trust of India Mumbai
Last Updated : Feb 01 2017 | 7:49 PM IST
Country's largest software exporter TCS has hailed the focus on digital initiatives in the Budget saying its implementation will empower citizens.
"The proposed DigiGaon initiative to provide telemedicines, education and skills through digital technology will increase empowerment," its chief financial officer Rajesh Gopinathan said.
Gopinathan, who is set to take over as chief executive later this month from N Chandrasekaran, said the Budget focuses on inclusion, transparency, fiscal responsibility and gives a big push to the digital economy.
He gave the budget a rating of eight on ten.
Finance Minister Arun Jaitley is encouraging a shift to digital platforms with incentives to payers as well as merchants driving convenience, efficiency and transparency, Gopinathan said.
An increase in allocation for the BharatNet project to Rs 10,000 crore during the fiscal will bring high speed broadband connectivity to over 1,50,000 panchayats, with Wifi hot spots and access to digital services at low tariffs, Gopinathan said.
The Tata Group company's smaller rival Mindtree also said that the Budget proposals are important from the cause of making India into a digital economy.
"This budget has made special provisions to ensure greater financial growth, with emphasis on enhancing cybersecurity in finance, and bringing greater coordination and transparency between departments," its CEO and MD Rostow Ravanan said.
He said the start-ups ecosystem will also benefit through the provisions like income tax exemption for smaller companies with a turnover less than Rs 50 crore.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 01 2017 | 7:49 PM IST

Next Story