Impact of the union budget 2008-09 on the KPO industry

Finance minister P. Chidambaram announced thesum rose up to 1,680 crores. In addition the Fin
Union-Budget recently for the fifth consecutiveMin has announced three new schemes
time. And it had most of the country beaming• The budget has allocated Rs 1,680
with pleasure. But even with IT and thecrore to the Department of Information
outsourcing industry terming the budget asTechnology in 2008-09 as against Rs 1,500 crore
“populist” they aren’tin 2007-08 and has announced three new
all that happy with it.schemes to establish 100,000 broadband
What the Budget has in storeinternet-enabled Common Service Centers in rural
This year, the union budget has been kinder,areas and State Wide Area Networks (SWAN)
compared to last year where it had set asidewith Central assistance and to increase the
1,500 crores for the IT department, this year thenumber of IT educational institutions.