Cisco Union Budget 2009-10 reaction quote

Good evening,

Here is a budget reaction quote from Cisco.

Also attached is the spokesperson’s photograph.

Regards,

Subhashini

Please attribute the following quote to

Naresh Wadhwa, President and Country Manager – Cisco - India and SAARC

“On the face of it, the budget put forth by the government is positive and focuses on inclusive development. It is encouraging, especially the fact that there is a thrust on infrastructure development, rural development, education and social welfare. The impetus to infrastructure development – both urban and rural - is a highly visible and much welcome component of this budget.

Leveraging technology as a tool for accountability, better governance, in business and administration is a step in the right direction. The allocation of funds for e-governance investment schemes like the unique identity number for every Indian and the formation of a Centralized Processing Centre (CPC) in Bengaluru to process electronically filed tax returns will enable effective delivery of public services through public private partnerships.

The increased budgetary provision for the scheme ‘Mission in Education through ICT’ will help take the benefits of IT to the grass roots in a critical sector like education.

The ‘Aam Aadmi’ i.e. individual tax payer will definitely appreciate the abolition of Fringe Benefit Tax and raised exemption limit for income tax.”

Subhashini Pattabhiraman

Senior Account Executive

Text 100 Public Relations

D: +91 80 2554 8808-11 (x.115) M: +91 99860 73635 E: subhashinip@text100.co.in

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