"The Union Budget 2013-2014 has been an affirmative, balanced and realistic one that will boost our economic growth, even though it hasn't been particularly relevant from an IT hardware and software perspective. On a positive note, provisions for post offices deploying core banking tech and schemes for modernization and technology upgradation in the textile sector; would benefit the sectors immensely. The budget indicates that there is a pressing need for the public sector banks to be compliant with BASEL3 norms which underscores the need for better data management that can be realised through technologies such as virtualization and cloud services. Additionally, incentivising the semiconductor wafer fab manufacturing facilities along with provisioning zero customs duty for plant and machinery is a move in the right direction."
-- Sanjay Deshmukh, Area Vice President - India Subcontinent, Citrix