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Goa IT Policy 2018 Aims To Create 10K Jobs For Locals

Goa IT Policy 2018 Aims To Create 10K Jobs For Locals

• Chief minister Manohar Parrikar said Goa will achieve 100% online transactions by the end of this year
• The Goa IT policy 2018 focuses on infrastructure development, fiscal incentives, governance, and human resource development
• The IT Policy also promises time-bound approvals of investments and incentives within a 90-day period

With the aim of boosting the development of Goa using innovation and technology, chief minister Manohar Parrikar along with Union minister for electronics and IT and law and justice Ravi Shankar Prasad launched Goa IT Policy 2018 with the aim of creating 10K jobs.

In a Twitter post, Parrikar said: “Launched the Goa IT Policy along with Union Minister of IT Sh. @rsprasad. Shri @rsprasad also inaugurated the @stpiindia Goa centre. A beginning of a new chapter in Goa’s IT revolution in achieving our goal of making Goa a digital state which will propel #DigitalIndia mission.”

Manohar Parrikar said that Prime Minister Narendra Modi has a vision of Digital India and has said that Goa can lead the IT sector in India. He also said that Goa would achieve 100% online transactions by the end of this year.

Ravi Shankar Prasad called the Goa IT policy well-thought of and extraordinary. He also announced that Goa would soon have a National Institute of Electronics and Information Technology centre.

Goa IT Policy 2018: Less Govt Interference, More Jobs

With the new IT policy 2018, which will replace IT policy 2015, the Goa government plans to attract at least five large multinational IT companies and help create 8,000–10,000 jobs for locals.

The Goa IT policy 2018 focuses on infrastructure development, fiscal incentives, governance, and human resource development. The revised policy aims to remove bureaucratic hurdles by ushering in government reforms.

Here are some of the other highlights of the Goa IT Policy 2018:

  • The policy exempts new and existing IT companies from labour laws and permits companies to function around-the-clock in three shifts
  • The firms would also be exempted from inspections and would be permitted to file a self-certification to ensure compliance under labour laws
  • It also offers special incentives for solar power-based units, internet subsidy and assistance for campus recruitment.
  • There is a special provision for capital investment subsidy for Goan diaspora
  • The Goa IT Policy 2018 also promised time-bound approvals of investments and incentives, within a 90-day period

In April, the state government launched its startup policy and websit with an aim to promote Goa as one of the most preferred startup destinations of India and to feature in the top 25 startup destinations in Asia by 2025.

Along with the state’s continued commitment to innovation and development, the IT and startup policies are big steps for Goa to become the leader it envisions to be.

[The development was reported by TOI.]

Author

Bhumika Khatri

Inc42 Staff

Hailing from a business-oriented family, Bhumika has always been crunching numbers in her head. Words are her escape and she looks to find hidden startup stories.

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