Lucknow: The Uttar Pradesh (UP) administration with an objective to establish the state as a preferential state for IT investment has come up with an Information Technology and Startup Policy 2016.
The policy has recently been approved by the state Cabinet.
The main objective of the policy is to promote development of IT cities and parks to create world-class technology infrastructure.
This policy would be implemented on the basis of a four-pronged strategy. Under this strategy, along with information technology related infrastructure and human resource and skill development, a focus would also be laid on giving attractive incentives and assistance to industries.
This new policy, to be be executed by the Uttar Pradesh Electronics Corporation Limited, would remain effective for five years from the date of issuance of its notification.
(With agency inputs)