The Government of Puducherry has always endeavoured to set
up the right kind of business climate to motivate investments in the Union
Territory (UT). In order to attract investment to the various sectors
and thus contribute to the development of the economy as a whole, the
Government has made several policy announcements. Such policies aim to
remove various road blocks which act as a barrier in the industrial development
of the UT. They also envisage incentives and schemes for the investors.
The major being, the Industrial
Policy, which aims to promote and accelerate the sustainable industrialization
in the Union Territory. The basic objectives of the policy are to:-
- Conserve the environment of Puducherry for sustained
and rapid industrial growth;
- Improve the standard of living and quality of life of
the people of the Union territory;
- Participate in the globalisation of the economy with
greater exports and imaginative imports;
- Ttake advantage of the special features of Puducherry
including its heritage and culture; and
- Ensure balanced industrial development in all the regions
of the territory.
Another important policy is the
Information
Technology (IT) Policy, which aims to make the UT of Puducherry a fore
runner in the field of IT. The basic objectives of the policy are to:-
- Provide the common man an easy access to information
in all spheres of life;
- Make the Government machinery citizen-friendly by facilitating
transparency, efficiency and quick decision-making in the administration;
- Impart IT training in order to increase IT literacy
and create trained manpower;
- Create a healthy investment environment and encourage
the growth of IT related industries, with attractive policies; and
- Establish a good Information Communication Infrastructure
in the Union Territory of Puducherry.
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