"Our intention is to ensure that industrial entrepreneurs should have proper environ here. IT industries will be encouraged under BOT system. Land is already available to encourage enterprises," Chief Minister V Narayanasamy told reporters.
He said government was also interested in encouraging existing industries in all categories to stabilise themselves and would take steps to bring back industries that had moved out of Puducherry in the past.
He said Karaikal port had paid as much as Rs 2,100 crore to the Central kitty in the last five years under central excise and custom duties.
"But Puducherry government had netted only Rs 63 crore under sales tax and user charge", Narayanasamy said.
He said if Puducherry became part of the Central Finance Commission, the UT would be entitled to get bigger share.
Narayanasamy said he had made out a strong case at the recent all India Finance Ministers conference that Puducherry be taken care of adequately in the event of the Goods and Services Act being brought into force.
Narayanasamy said Telecom operator Reliance JIO has agreed to provide free WIFI 4Ghi speed services to those taking morning stroll along the beach and tourists.
He said company officials had met him and told him they would provide free high speed WIFI services to the morning walkers, tourists and also students in government colleges. The company would bear the entire cost and there would be no commitment for Puducherry administration on any count.
He said he had requested Reliance JIO to ensure that the facility was available to traders and the business community in the key shopping centres.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
