Gujarat Govt aims at 1 million IT jobs by 2020

Aiming at one million jobs by 2020, the Gujarat government on Saturday announced the new policy for Information Technology (IT) industry. The policy, which entails encouragement for the new IT projects in the state is a step towards achieving the goal of ‘Digital India’ as conceptualized by the Prime Minister Narendra Modi.

The state government spokesperson ministers, Nitin Patel and Saurabh Patel informed that under the new IT policy, new IT parks will be developed in state. The policy, along with the e-governance policy for a period of 2014-19 has been announced by the chief minister Anandiben Patel.

For years, Gujarat’s IT industry faced serious challenges for survival. However, the new policy looks to take the overall turnover of the industry to Rs. 75,000 crore (US $15 bn) by 2020 by providing attractive sops and quality workforce to the industry in the state.

“The IT policy aims to create a vibrant IT/ITeS ecosystem with the help of innovations and basis of knowledge capital in the state through which the youth will get benefited,” said spokesperson ministers in a statement issued on Saturday.

The policy provides 100 per cent waiver in the stamp duty and registration fees required for purchase/lease or transfer of land and 25 per cent subsidy for lease/rentals to new units coming up in the IT parks.

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