February 05, 2018

Through a short presentation, we provide our summary and analysis of the Union Budget 2018-19, and what it has to offer for the Technology, Media and Telecom Sectors. Please view our presentation here.

This Budget has, amongst other things

(a) placed an increased emphasis on “Digital India“;

(b) made a substantial allocation for the “Bharatnet” projected;

(c) discouraged the use of crypto-currencies, while encouraging blockchain on the other hand; and

(d) provided an impetus to the building of collaborative platforms, particularly in the Edutech space.

Disclaimer Notice: Nothing in this update should in any way be relied upon or construed as legal advice. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. For specific information on particular factual situations, the opinion of legal counsel should be sought.