Karnataka government proposes new IT policy, to focus on employment in Tier-II cities

Policy

Strategies that will promote emerging technologies such as AI, Machine Learning, Virtual Realty will be adopted, a top bureaucrat said.

TNM Staff

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The Karnataka government on Monday said to push the state as the global 'first choice' for Innovation and Technology it will soon announce a new IT Policy to drive investments and employment in the state with a special focus on Tier 2 cities. The sectors in focus will drive inclusive digital growth by adopting strategies that will promote emerging technologies such as AI, Machine Learning, Virtual Realty etc. “We are in the process of formulating a revised IT Policy for the state. Our aim is to strengthen the state’s leadership position in the IT/ITeS industry through increased thrust for emerging technologies and R&D. Our focus would be to enhance necessary support through key incentives and facilitation through the institutional mechanism," Gaurav Gupta. Principal Secretary, Department of IT, BT and Science and Technology said. "We have already identified new engagements with countries like Estonia, Canada and Switzerland and are in the process of chalking out soft-landing exchange for startups in countries like Germany and Netherlands. We are also keen to enhance our focus on Tier II and Tier III cities," Gaurav Gupta added speaking on the government’s plan to  collaborate through Global Innovation Alliances. The statement came as Gupta was charing the 15th Vision Group Meeting along with Vision Group member,  Kris Gopalakrishnan, Chairman Alixor Ventures and co-founder of Infosys. The Vision Group, led by industry captains, is also advising the government on organising the upcoming Bengaluru Tech Summit 2019 scheduled in November. These announcements come after two days the governrment cabinet  announced it will amend the Karnataka Startup Policy 2015-2020 in accordance with the central government policy. "The central policy is much detailed than the state policy. According to our policy to consider as startup, it should not have exceeded four years, while the central policy says 10 years. Our policy says the turnover should not exceed Rs 50 crore, while central policy limits at Rs 100 crore."  Rural development minister Krishna Byre Gowda said.          

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