The infotech whizkids arent amused. Despite the sector leaders blazing new records on the bourses and creating new corporate folklore everyday, the industry is majorly worried over a government move that many initially thought was momentous.
The Vajpayee governments decision to create a new IT ministry under one of his trusted lieutenants, Pramod Mahajan, more than a decade after late prime minister Rajiv Gandhi expressed his intention of doing so, has the industry on tenterhooks. Far from rejoicing over the formation of the ministry, Indias most vibrant industry seems to have plunged into a fear of the unknown. Are its sunshine days over?