IT/BT Policy Karnataka
Intermediate Level
Karnataka
Technology & IT
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Definition
State policy providing incentives and framework for IT, Biotechnology, and related industries.
Detailed Explanation
The policy offers tax benefits, single-window clearance, land at concessional rates, and skill development support. It recognizes Karnataka's leadership in IT/BT sectors.
Example
An IT company setting up in Tier-2 city gets additional incentives under IT/BT Policy.
Local Context (Karnataka)
Karnataka's IT/BT Policy has attracted global tech giants and nurtured India's largest tech ecosystem.
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