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Nasscom welcomes Congress government

5/20/2009

In a statement, Nasscom announced that it welcomed the results of the election, which are indicative of a stable government at the center. In the current global economic environment, it is important that India has a stable and progressive political environment that can focus on long-term policies for the sustainable development of the country, even as it takes decisive steps to immediately put the economy back on a high-growth trajectory, said the release.
The statement further added that Nasscom is confident that the government will continue to partner with this sector for leveraging the benefits of IT for India's domestic economy and through international trade. They also look forward to working with the government to promote inclusive growth and social benefits through the innovative use of IT.

Nasscom suggests the following points to be considered by the new government:

Specific policy initiatives to sustain industry's growth through extension of tax benefits, particularly for SMEs; removal of inequities and multiplicity of taxes on issues like FBT, service tax and overall uniform policy environment to enhance India's competitiveness and attract foreign investment.


Develop public-private partnerships to accelerate implementation of the already-approved e-governance programs and evolve appropriate new programs; increase government IT budgets so as to provide a strong stimulus to the IT-BPO industry and to the economy.


Partner with the industry to implement unique identity card for each citizen using IT, as mentioned in the manifesto


Implement the nation-wide skill development program and leverage IT expertise both for enabling education and imparting employable skills that can be deployed in the industry


Leverage international relations and build perspectives with key developed nations for continued bilateral trade development with no deviations on protectionist moves through visas and taxation


Continue and expand infrastructure development programs across the country and build integrated IT-BPO townships; provide fiscal incentives for growth of the IT-BPO industry in tier-2 and 3 towns


Develop and implement a comprehensive nation-wide security program as one of the top three priorities of the government


Initiate a time-bound program for extending broad-band to all villages as mentioned in the Congress manifesto, so as to provide Internet access to all citizens; back this up with steps to increase computer penetration.

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