What this also does is create a new FAWG (Flipkart, Amazon, Walmart and Google) story for India very much like the FANG quartet (Facebook, Amazon, Netflix and Google) have done for the global tech sector and the US stock markets, says Ganesh Natarajan.

New models of skilling will provide both jobs and entrepreneurship opportunities to inspire recipients to capture the jobs or entrepreneurial opportunities they seek and provide them the agency to stay on and improve on their skills on the job, says Ganesh Natarajan.

A new motivation needs to spread through the existing ranks to upskill and reskill themselves in the 55 new job roles for digital, says Ganesh Natarajan.

India's IT/BPO story isn't over yet, believes Ganesh Natarajan.

India's IT/BPO story isn't over yet, believes Ganesh Natarajan.

It may not be an exaggeration to say that in the next three years, in India itself a million jobs or more might be at risk due to automation. How we leverage its benefits will determine our fate in the digital era.

The challenges before the IT industry are many and its response over the coming months will shape the future of what has been one of the most vibrant value-creating and livelihood-enabling sectors.

All credit to the finance minister for walking the fiscal and expectation tightrope extremely well in his budget speech, says Ganesh Natarajan.