Sanchit Vir Gogia, Chief Analyst, Greyhound Research says that announcements made in Budget 2014 have remained mere aspirations with lack of clarity on policies with regard to Digital India, uncertainty over the Rs 10,000 crore start-up fund for MSMEs, as well as the inadequately funded 100 Smart Cities project.
He elaborates on the big opportunity in cloud that India has if it gets regulations and tax sops right for providers, but warns that unless there is concrete action, frustration among entrepreneurs and corporates will only rise.
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Updated Date: Feb 26, 2015 11:35:21 IST