Ahead of VGGS, Gujarat to launch new policies

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To attract investors and boost positive sentiments ahead of the upcomingVibrant Gujarat global summitscheduled in January 2022, theGujaratgovernment is set to announce around half a dozen new policies in key sectors like energy, IT/ITeS, electronics, and agri-business.
Chief minister Bhupendra Patel is likely to announce these policies soon. The government is also expected to approve important long-pending demands made by industries.

The states Information Technology & IT-enabled Services Policy 2016 will lapse shortly. So, the government is working on a new policy that will have a larger ambit. It is likely to cover emerging technologies like blockchain, and Robotics. Compared to the 2016 policy where incentives were given to create IT & ITeS accommodating properties, the new policy will focus on providing easy entry-and-exit plug-and-play Join Our Telegram Channel

href="https://exam.pscnotes.com/infrastructure">Infrastructure on lease.

The policy is also expected to offer manpower-related incentives to attract talent and boost the sectors Growth. Similarly, the current policy for the electronic Industry is also coming to an end this month. To draft the new policy, the State Government is consulting large, medium, and small electronic companies to understand their needs and is also studying policies of other

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states. Like the IT/ITeS policy, the government intends to provide incentives to nurture manpower required for the industry.