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To: Mohan Marette who wrote (962)2/29/2000 8:57:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 1471
 
Sinha's budget evokes diverse reactions

....... The policy with regard to containing non-planned expenditure, downsizing the government apparatus and government expenditure was also unclear, he added.Cabletron Systems, country manager (India & SAARC) Uday Birje said the budget was highly positive one for the IT and telecom sectors. The proposal to decrease the customs duties on computer hardware would increase Internet penetration in the industry. The duty reduction of telecom infrastructure components like optic nerve cables would boost the telecom and ISP industries. The lower duty structure on IT and telecom hardware would open up more opportunities....

expressindia.com