The Union Budget 2021 is sui generis considering that it is India’s first-ever ‘Digital Budget’. The gesture of doing away with the paper versions of Budget underlines the government’s commitment towards PM’s ‘Digital India’ vision.
A renewed focus on infrastructure would mean accelerated technology adoption, which cannot be accomplished without data privacy measures, propelled by data protection.
This approach would help in strengthening India’s data protection framework to protect individual information, with investments in key technologies like artificial intelligence (AI) and machine learning (ML) to secure cloud-based infrastructures.
While the capital expenditure on the physical connectivity — road, railway and port — has been highlighted throughout, I am sure that digital connectivity will ultimately become a cornerstone of everything we do in the current times.
Overall, it is an inclusive and pro-growth budget, presenting a balanced stance on the pathway to recovery.
The author is Country Manager, India and SAARC, Commvault. Views are personal.