Updated terraform and go version

README.md

diff --git a/README.md b/README.md
index db1dedc..9c128cc 100644
--- a/README.md
+++ b/README.md
@@ -4,8 +4,8 @@
 Requirements
 ------------
 
--	[Terraform](https://www.terraform.io/downloads.html) 0.10.x
--	[Go](https://golang.org/doc/install) 1.8 (to build the provider plugin)
+-	[Terraform](https://www.terraform.io/downloads.html) 1.0.x
+-	[Go](https://golang.org/doc/install) 1.16+ (to build the provider plugin)
 
 Using the Provider from Terrafrom registry
 ------------------------------------------
@@ -29,7 +29,7 @@
 Developing the Provider
 ---------------------------
 
-If you wish to work on the provider, you'll first need [Go](http://www.golang.org) installed on your machine (version 1.8+ is *required*). You'll also need to correctly setup a [GOPATH](http://golang.org/doc/code.html#GOPATH), as well as adding `$GOPATH/bin` to your `$PATH`.
+If you wish to work on the provider, you'll first need [Go](http://www.golang.org) installed on your machine (version 1.16+ is *required*). You'll also need to correctly setup a [GOPATH](http://golang.org/doc/code.html#GOPATH), as well as adding `$GOPATH/bin` to your `$PATH`.
 
 Clone repository to: `$GOPATH/src/github.com/apache/cloudstack-terraform-provider`