Goa Extends IT Policy to 2027, Establishes Empowered Committee for Growth

The Goa government has extended its IT Policy, originally implemented in August 2018, until August 2027. This decision, made at a cabinet meeting on September 30th, aims to further boost the state’s IT sector. To facilitate this growth, a 17-member empowered committee, headed by the Chief Minister, has been established. This committee will play a crucial role in guiding and approving grants for IT firms and startups in Goa. The committee will also be responsible for monitoring the progress of these companies and ensuring the effective implementation of the IT Policy and Startup Policy. The notification emphasizes the committee’s authority in deciding incentives for companies and startups, expediting approvals for grants, and ensuring the smooth operation of both policies.