Budget 2023: Digital infra, cybersecurity spending critical for tech sector

Apart from the direct expenditures, the government is also expected to extend the production-linked incentives for electronics manufacturing schemes to encourage domestic manufacturing

As the government is set to present its budget for FY2023-24 within a few weeks from now, the country’s technology sector will be closely looking at the spending on the needs of digital public infrastructure, skill development, and incentives for boosting electronics manufacturing along with measures that will boost ease of doing business.

The budget will be presented on February 1, 2023, as the final full-year budget under the current administration before the national elections in mid-2024.

The national association of software and services companies (Nasscom), the industry body that represents the $227 billion tech and startup segment in its