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After a decade, State announces an ICT policy

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Published: 03:40 GMT, Sep 11, 2018 |
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The Tamil Nadu government yesterday (Monday) announced a revised Information Communication Technology Policy 2018, catering to information technology (IT), information technology-enabled services (ITeS), MSME and the start-up sectors.

The State last saw an IT policy rolled out during the DMK’s rule in 2008.

The policy focuses on three main areas: first, incentivising investment, employment and intellectual capital creation; second, it aims to integrate this with initiatives of Vision 2023; and lastly, pay more attention to start-ups and micro, small and medium enterprises (MSMEs).

The chairman and managing director of Electronics Corporation of Tamil Nadu Limited (ELCOT) will be responsible for the implementation of the policy at the field level and, periodically, send reports to the government.

Chief Minister Edappadi K Palaniswami said: “I believe that this policy will address the aspirations of investors, especially IT and ITeS companies, MSMEs and start-ups by way of provision of standard administrative incentives, fiscal incentives, capital subsidies, tax exemptions, special incentives, etc.”

He appealed to industry captains present at the meeting to extend support in terms of bringing in fresh investments.

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