In a significant decision to develop a modern and vibrant ecosystem of Information Technology in the Union Territory, the Administrative Council which met under the chairmanship of Lieutenant Governor, G C Murmu accorded approval to adoption of Jammu and Kashmir IT/ITeS Policy-2020.
The Policy provides for creation and up-gradation of ITinfrastructure to meet existing and future needs of UT in e-Governance,increase digital literacy among youth thereby enhancing employability,attracting investment in the sector, harnessing the potential of emergingtechnologies, promoting entrepreneurship, creation of employment opportunitiesand safer cyber space for all citizens.
J&K IT/ITeS Policy aims to provide for time boundapprovals and single window clearances to prospective investors, besidesprovisioning a host of fiscal and non-fiscal incentives to attract investments.It also offers incentives for start-ups and establishment of state of artinfrastructure to meet the requirements of IT/ITeS industry.
Through this policy intervention, the Jammu and Kashmirendeavours to establish itself as a valued destination for IT Industry andattract investment in the IT/ITeS sector. It envisions pushing IT as an enginefor rapid, inclusive and sustainable growth in the economy of J&K with theactive participation of private entities.