Professional Documents
Culture Documents
IT SECT OR
Presented By:
Mandar Joshi
Nisha Nair
Growth of Software Industry in
India
Effect of stronger rupee on IT,
BPO & KPO sector
Decline of sales
Decline of
growth to 27%
average net
from 45%
profit growth to
22% from 48%
Source: Financial
Express
Budget 2007-08
Allocation for e- Highlights of Central
governance to increase Plan:
from Rs.395 crore to Ø 285 crore for National
Rs.719 crore Informatics Centre.
E-governance action Ø 719 crore for e-
plans at state levels to Governance programme
increase from Rs.300 to improve efficiency,
crore to Rs.500 crore. convenience, acc-
Rs.33 crore to be essibility and
provided for a new transparency in
scheme of manpower Government.
development for
software export
industry.
Source:www.indiabudget.n
ic.in
Budget 2008-09
Allocation to the department Highlights of Central Plan:
of IT enhanced to Rs.1680 Ø 400 crore for National
crore in 2008-09 from Informatics Centre.
Rs.1500 crore in 2007-08
Ø 800 crore for e-Governance
Two schemes for establishing programme.
100,000 broadband internet-
enabled common service Ø 100 for establishing the
centres in rural areas and National Knowledge Network.
SWAN with central assistance Ø 45 crore for Manpower
under implementation Development initiatives.
Rs.75 crore provided for the Ø 33 crore for Cyber Security.
common service centres
Rs.450 crore provided for
SWAN
Rs.275 crore for the State
Data Centres
Source:www.indiabudget.n
ic.in
2007-08 Budget V/S 2008-09
Budegt
Source:
www.indiabudget.nic.in
Our views
•The hike in excise duty from 8% to
12% on packaged software and
addition of customised software in
the service tax net is expected to
negatively affect application
development players in the
domestic software industry.