Highlights for IT / Software / Infotech Companies : Budget 2008, India

  • Total plan spending in 2008/09 seen at 2.4 trillion rupees ($60.3 billion). There will be 100 billion rupees in additional plan funding.
  • 8 %Growth to be maintained
  • Rs 100 crore allocated to Ministry of Science and Technology for National Knowledge Network
  • 1 lakh broadband-enabled common service centres in villages across India
  • 3 IITs in Andhra Pradesh, Bihar and Rajasthan
  • State data centres scheme approved and get Rs 275 crore
  • All knowledge bodies to be connected via broadband
  • Rs 85 crore to building a knowledge society
  • Scholarships for science and research
  • Rs 75 cr for Rajiv Gandhi Natl Fellowship Prog
  • 3 IIScs in Bhopal and Trivandrum


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