Yeddyurappa hints at incentives for IT industry

images2MYSORE: Chief Minister B.S. Yeddyurappa on Tuesday said his Government was considering extending liberal fiscal incentives and concessions for the information technology (IT) industry under the Information Technology policy which was being revised.“Our Government is keen to support the IT sector through policy initiatives and programmes.

In this regard, special task forces, including the Industry Vision Group under the chairmanship of Infosys Chief Executive Officer and Managing Director Kris Gopalakrishnan, have been constituted under the guidance of experts in various fields for providing direction to formulate and implement development policies,” Mr. Yeddyurappa said.

In his presidential address at the inauguration of the Global Education Centre (GEC)-II at Infosys’ campus here, the Chief Minister said Karnataka was an investment-friendly State. The Government had taken several steps to sensitise the administration and attract new investments in various sectors.“Our aim is to see that there is balanced economic growth and all citizens draw benefits of economic prosperity,” he said, and added that special incentives were being offered for launching rural business process outsourcing (BPO) units.