The Maharashtra government announced its State Innovation and Start-up Policy on Wednesday, aiming to generate five lakh jobs in the next five years.

It also revealed its public cloud policy, which targets $2 billion opportunity for the industry. For a start, it has asked its departments to shift its data storage onto the cloud.

The State Innovation and Start-up Policy was cleared by the State Cabinet on Wednesday. The policy will be applicable till 2022.

The objectives of the policy are to attract ₹5,000 crore investment in the development of incubation and start-ups.

Source: http://bit.ly/2mX19un

Category: Current Affairs – States in news