1) Maharashtra 1 Trillion Economy
2) Maharashtra IT Policy - 2023
The policy also offers 50 to 100% subsidy in the stamp duty, waiving off electricity charges from 10 to 15 years, power supply on industrial rates among other sops and benefits to the IT industry. The state cabinet cleared the new IT and ITES Policy on Tuesday
The state government on Tuesday cleared its new policy for information technology (IT) and IT-enabled services offering several relaxations to the sector. As part of it, IT industries will be able to set up tech parks anywhere across the state. The policy also offers 50 to 100% subsidy in the stamp duty, waiving off electricity charges from 10 to 15 years, power supply on industrial rates among other sops and benefits to the IT industry. The state cabinet cleared the new IT and ITES Policy on Tuesday that aimed to attract an investment of ₹95,000 crore, 3.5 million jobs and export of ₹1 lakh crore.
“In order to promote the development of special fields such as AVGC (Animation, Visual effects, Gaming and Comics) in which Maharashtra has particular strengths, the state government will provide a subsidy up to ₹25 crore or 25% of the capital expenditure,” states the document issued by the chief minister’s office. The state industrial department said that they would be giving a single window clearance for all IT projects and IT-enabled services.
“Under the Ease of doing business, the state will launch Maharashtra Information Technology Interface that would give time-bound clearances for projects, registration of units and incentives,” stated a senior industry official.
“We have also decided to set aside ₹500 crore for setting up Maharashtra hub (M- Hub) to promote innovation by Micro, Small and Medium Enterprises (MSME), start-ups, and incubations centres, in emerging technologies,” he added. To promote the growth of IT parks and IT-enabled services, the government has decided to allow the setting up of integrated IT townships, private IT parks and IT and ITES units across all zones, including residential zones, no development zones and green zones declared by the state, states the new policy.
