E-Gov Market Grows 18% In 2002

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Our Corporate Bureau BUSINESS STANDARD
Last Updated : Feb 06 2013 | 10:39 PM IST

The National Association of Software and Services Companies (Nasscom) today said the e-governance market in the country grew 18 per cent in 2002, touching Rs 1,400 crore in the process of becoming the fastest growing vertical in the domestic information technology market.

Nasscom president Kiran Karnik said the market was gaining momentum but there were hurdles stalling the progress.

Karnik said, to make e-governance a part of administration, the government must ensure that at least 3 per cent of the Budget was committed for e-governance and rewrite the tendering and bid evaluation process among other things, apart from coming out with a clear roadmap for the sector.

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First Published: Jan 17 2003 | 12:00 AM IST