Freebies or good governance – what attracts IT companies?


Samir Sachdeva | April 19, 2010

Punjab has announced that it is acquiring 2,000 acres of land for developing IT and IT-related projects in the state. Press reports indicate that Punjab Infotech, the state government's consulting firm, is acquiring 1,400 acres of land in Rajpura for setting up an IT park. It has been reported that Punjab Infotech has 12.11 acres of prime land at Railmajra, 50 acres in Kapurthala, 280 acres in Rupnagarand and 50 acres at Sneta, in Mohali which it has earmarked for IT companies.

Though the shift of focus from agriculture to IT is a welcome move but allocating land to a select industry may be discriminating one sector over other. In the past also, the state has given land to companies like Quark Inc. at a price much below the market price. But the IT park established by Quark has not been utilised to its full capacities till date. Infosys Technologies which operated in Mohali shifted its development centre to Chandigarh, and land allocated to TCS and Wipro by Punjab got stuck with legal issues. It had also been reported that the IT tower project has to be shelved because there were no takers for it.

After the shifting of Infosys from Mohali to Chandigarh, no takers for the IT tower and under-utilised capacities of the Quark IT Park, it is evident that IT companies look forward to more than concessional land or freebies from the state governments.

The Punjab government must understand that it’s not land which attracts the IT companies but there are factors like good governance, rule of law, power supply, proper infrastructure, connectivity, educational institutes, awareness of population and above all non-interference of babus/netas in industry that actually attract the IT industry.

On the other hand, states want to catch the IT bus and offering freebies might come handy for those who have missed out so far.

So, do you think that is it freebies that attract IT industry ?



Other News

NCP’s Ajit Pawar is LoP in Maharashtra assembly

After the Bharatiya Janta Party orchestrated rebellion in the Shiv Sena partly led by Eknath Shinde who took away with him a majority of MLAs, the Eknath Shinde-BJP government proved majority in the state assembly floor test, crossing  the midway mark (144) getting 164 votes in their favour. The Natio

Why sanitation should matter to you

How many times a day do you flush the toilet? This number is probably between five and eight times for an average person. How many times a day do you spare a thought towards what happens to the human waste after you flush it away? The answer to this is likely to be close to zero for most people.

Who is Eknath Shinde, the auto driver who became CM?

Hailing from Satara district of Maharashtra, Eknath Sambhaji Shinde had to leave his education midway to financially support his family. He worked as an auto rickshaw driver, a lorry driver and also said to have worked in a brewery before he came in contact with Anand Dighe, Shiv Sena’s Thane unit pr

Metro 3 car shed to stay at Aarey, say new CM Shinde

Former Maharashtra chief minister Davendra Fadnavis stunned all at a press conference Thursday and named Eknath Shinde, the rebel MLA from Shiv Sena, as the next chief minister. Though Fadnavis said he would stay out of the government, a few hours later the BJP leadership announced he would be the deputy c

Uddhav Thackeray resigns as chief minister of Maharashtra

Minutes after the Supreme Court ordered a floor test on Wednesday night, Uddhav Thackeray in a televised address resigned as the chief minister of Maharashtra and also as a member of legislative council (MLC). He later drove down to Raj Bhavan and tendered his resignation to the governor Bhagat Singh Koshi

Gig workforce expected to expand to 2.35 crore by 2029-30

The gig economy has arrived in India, as the Covid-19 pandemic has propelled a flexibility of employment. As many as 77 lakh workers were engaged in the gig economy, constituting 2.6% of the non-agricultural workforce or 1.5% of the total workforce in India. The gig workforce is expected to expand to 2.35

Visionary Talk: Sanjay Pandey, Mumbai Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Current Issue


Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter