The government hopes to attract investment of Rs 50,000 crore and generate employment for ten lakh people in the IT sector with the new policy.
Addressing a press conference after the weekly cabinet meeting, Chief Minister Devendra Fadnavis today announced the new policy.
The proposed integrated townships would be spread over 10-25 acres.
"For integrated IT townships in Pune, Pimpri-Chinchwad, Mumbai, Navi Mumbai, Thane, Kalyan-Dombivali, Mira-Bhayander, Ulhasnagar Municipal Corporations and Ambernath Municipal Council limits, the permissible FSI would be 2.5. Elsewhere the FSI will be 2 with a premium. The premium will be used for developing critical infrastructure related to IT parks," he added.
"Rs 2.5 lakh would be given for setting up rural BPOs. About 50 youths from rural and semi-urban areas would be trained through modules developed by well-known institutions," Fadnavis said.
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
