Mohali, May 11: In bid to promote IT industry, the Punjab government has accorded its approval to provide cheap power. The state’s information technology minister Vijay Inder Singla, who was part of the IT and Electronics Industry Meet organised at STPI Incubation Centre here on Wednesday, said that the government has agreed to provide electricity to the industry at Rs 5 per unit. Meanwhile, the state IT department also signed MoUs worth Rs 77 crore with 15 startups.
Meanwhile, the state’s IT minister announced framing of new IT policy for Punjab, which would fill the existing policy gaps. Along with facilitating the big IT units to come up in Mohali, department is also making sincere efforts to boost the startups. “A provision of Rs 20 crore has been made for the same,” Singla said and assured that the department will establish a greater connect with prospective units in order to understand the requirements and support and facilitate their growth.