S Ramadorai on the budget

What the FM has done well is script a plan for double digit growth. Investment in power, urban mass transit systems and completion of the golden quadrilateral is good news. But investors globally are looking for cues that our infrastructure will be world-class and more needs to be done to convince them that India is serious on this count. Proposals to create a high-end hardware hub will help drive India's technological prowess beyond software. The Budget also underscores the importance of electronic governance to create operational efficiencies in the country.