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February 8, 1999

INDIA’S ANNUAL BUDGET MAY MISS OUT IT REFORMS

By CBR Staff Writer

The Indian Budget may skip important reforms in the information technology sector because of the inordinate delay in the implementation of the recommendations of the Prime Minister’s IT task force. India’s apex software body, the National Association of Software and Service Companies (Nasscom) has submitted a five- point proposal to Finance Minister Yashwant Sinha, including quick implementation of Employee Stock Option Scheme.

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