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Tamil Nadu to create 3 Mn jobs in IT sector
By
IANS
Chennai: Tamil Nadu's Information Communication Technology (ICT) policy 2008-9, aiming to provide employment to three million people in the next three years was unveiled by Chief Minister M. Karunanidhi.
Releasing the ICT policy, Karunanidhi said: "Tamil Nadu will be Asia's ICT hub by creating a knowledge-driven economy, leveraging entrepreneurship and promoting socially inclusive growth."
The state will invest Rs.2.5 billion for expansion of existing IT-ITES facilities in Chennai, Thiruvallur and Kancheepuram districts, he said.
Units employing over 100 workers would be eligible for capital subsidy of Rs.3 million and electricity tax exemption for two years. This exemption would increase up to five years if new IT-ITES firms invested Rs.2 billion and employed over 400 direct workers, the policy said.
The government will provide tax incentives for investors investing between Rs.50 million and Rs.500 million in the IT sector, the policy said.
Tamil Nadu contributes $5.7 billion worth of IT and ITES products and services to India's IT basket.
Releasing the ICT policy, Karunanidhi said: "Tamil Nadu will be Asia's ICT hub by creating a knowledge-driven economy, leveraging entrepreneurship and promoting socially inclusive growth."
The state will invest Rs.2.5 billion for expansion of existing IT-ITES facilities in Chennai, Thiruvallur and Kancheepuram districts, he said.
Units employing over 100 workers would be eligible for capital subsidy of Rs.3 million and electricity tax exemption for two years. This exemption would increase up to five years if new IT-ITES firms invested Rs.2 billion and employed over 400 direct workers, the policy said.
The government will provide tax incentives for investors investing between Rs.50 million and Rs.500 million in the IT sector, the policy said.
Tamil Nadu contributes $5.7 billion worth of IT and ITES products and services to India's IT basket.
Reader's comments(3)
1
very nice decision has taken by Tamil Nadu government. so that so many IT people
can get job. this is very good sign to state and IT ppl's
can get job. this is very good sign to state and IT ppl's
Posted by:
Vijay Madankar
2
Himachal Pradesh- our own state should fire its own half un educated IT Babus
and get some trained ppl. from TN- in order to inculcate the IT culture in
Himachal and create much needed jobs in IT rather than create Needless Cement
Plants, which are POLLUTING this pristine state.
and get some trained ppl. from TN- in order to inculcate the IT culture in
Himachal and create much needed jobs in IT rather than create Needless Cement
Plants, which are POLLUTING this pristine state.
Posted by:
Vijayshimla
3
I hope at least now we will have more opportunities
Posted by:
Murugan
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