Tuesday, February 19, 2008

IT News

IT sector may get some regions to bloom once software parks scheme expires: Union budget 2008-2009 may announce some incentives for IT investment regions to replace the current software technology parks of India scheme, which will expire in 2009.Some main highlights of the policy are

* Government will set up exclusive investment regions which will be spread over at least 40 Sq km for development of IT sector.
* Company having any type of IT operation will be eligible to set shops in the proposed regions
* Government will be responsible for creation of ready made facility

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