Technology is fundamentally transforming the world around us, in every aspect of our lives as well as in business. Budget 2016 has shown encouraging initiatives towards the commitment to focus on Digital India initiatives, technology platforms and data analytics to automation. The budget supports the few initiatives like-:

• Fiscal plans to fund the provision of entrepreneurship training across schools, colleges, and through an online program on a large scale

• An online procurement system for food grain procurement

• A new digital literacy mission scheme for rural India to cover 6 crore additional households in three years

To know more, please read the article by Jochelle Mendonca (Writer at ET tech)-:  http://tech.economictimes.indiatimes.com/news/internet/budget-2016-tech-announcements/51191308

High speed internet network connecting villages across India; that's the dream PM Narendra Modi has been nurturing. A ministry appointed committee raised allocation for the National Optical Fiber Network. Estimated time is 3 years for laying down the fibers. It will help in linking 250,000 village clusters to the Internet which is an essential part to digitalize India. Higher spending potentially will expand opportunities for fiber suppliers and telecommunication vendors. Read more at:

http://www.bloomberg.com/news/articles/2015-05-18/modi-mulls-11-billion-outlay-to-bring-rural-india-online