Earlier this week, martinwolf Senior Vice President Gaurav Sharma published an article in VCCircle analyzing India's Union Budget and what it means for the country's robust IT industry. 

The Modi-led BJP government, which Gaurav earlier this month called the right choice in India's general election, has allocated $1.3B USD to IT-related expenditures and has the potential for strong returns from emerging IT sub-sectors in India like Telecommunications, Big Data and Defense Technology. 

Gaurav believes a greater emphasis on FDI and privatization of government organizations should foster future development and recovery of the sluggish Indian economy. He concludes that a "smart budget which will allow the Modi government to leverage IT can advance India's overall growth significantly."