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Government’s focus on innovation, skill development, and digital governance are welcome

Rajesh Maurya, Regional Vice President, India & SAARC, Fortinet said,  “The budget has announced big-ticket projects to add to the digital capabilities with the next general census in the country being the first digital one and along with marque MCA 21 project this is likely to garner massive ‘crown jewel’ assets in terms of the sensitivity and quantity of data. As these projects are rolled out it will increase the importance of security as the government builds the tools and workflows supporting these services. These projects will need to prioritize solutions such as Zero Trust Access, automated endpoint security, users awareness training to counter a range of threats, and will also need to ensure that solutions such as software defined networking and multi-cloud services are implemented securely.

The real challenge in securing these digital assets that will continue to be targeted by both criminal and nation state (APT) actors is the availability of skilled resources. Fortinet is committed to closing the cybersecurity skills gap through our CSR training programs. The Fortinet Security Academy Program is provided free by nineteen leading universities in India to equip students with the skills necessary for a career in cybersecurity. By supporting these leading universities in India, we’re arming the next generation of security leaders with the skillset and knowledge the industry so desperately needs.”

Marthesh Nagendra, Country Manager, India & SAARC, NETGEAR said, Quote – “Substantial increase in health budget will ensure that India successfully beats Covid-19 and no more lockdowns which in itself is a big boost for business. The Government has also stressed upon the digital connectivity to promote digital mode of payment which is certainly a huge step for the internet companies. We at NETGEAR feel that each and every individual and organization must be equipped with tools and solutions with better internet connectivity as most of the industries would be more dependent digitally in near future”

Diwakar Nigam, Managing Director, Newgen Software said, The first “paperless” union budget underlines our government’s focus on three key areas, including innovation, skill development, and digital governance. The budget has come with encouraging announcements for the healthcare, infrastructure, and innovation ecosystem. The move to provide a greater impetus to R&D with an outlay of Rs 50,000 crore in the next five years will foster a culture of innovation, growth, and research. Furthermore, the focus on digital education, re-aligning the existing scheme of training programs, and partnering with UAE and Japan for skill development will help India in producing high-quality digital talent. The proposal to build a world-class fintech hub, digitization of railways, and first-ever digital census, reconfirms the government’s emphasis on creating a digital economy. Furthermore, the emphasis on technology, such as data analytics, artificial intelligence, and machine learning-driven platform to enable e-courts and compliance management will go a long way in accelerating the nation’s digital initiatives.

Moving ahead, we look forward to the expansion of the scope of corporate tax across the board, simplification of GST, and special monetary incentives for product software companies.

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