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Budget Expectations: Industry requires investment for SME's to grow: Infy's Kris.


Date: 25-02-2012
Subject: Budget Expectations: Industry requires investment for SME's to grow: Infy's Kris
The Union Budget will be presented on March 16 post the State elections. This could be the UPA government's final showdown. The economy is going through a slow phase, the bureaucracy is in a state of paralysis and corporate India is suffering from a bout of depression.

Given these fiscal and political constraints, can Finance Minister Pranab Mukherjee change the mood of the nation? Will he present an agenda for growth or a statement of accounts?

S Gopalakrishnan, co-chairman, Infosys finds that from an investment perspective, infrastructure, education and skill building are the areas which require investment because the industry requires talent and requires investment in infrastructure.

"What the industry looks for is a consistency on the implementation of these policies making sure that overall there is a good environment, especially, for small and medium businesses to grow," says Gopalakrishnan.

Source : moneycontrol.com

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