Puducherry government on Wednesday unveiled its new Information Technology policy aimed at attracting more investments in the sector and making the Union Territory a preferred destination for IT companies.

It has been framed on the lines of the current policy of the Centre, after reviewing the existing one evolved and implemented in 2008, Information and Technology Joint Secretary A S Sivakumar said in a notification.

Apart from eyeing more investments in the sector, the policy also aims at offering more opportunities to a large number of educated youth and create a pool of highly skilled professionals on par with the best in the country, it said.

The earlier policy was reviewed as most technology landscape has transformed drastically and considering the renewed emphasis laid by the Centre through its flagship Digital India Programme.

The government intends “to establish Puducherry as a preferred destination for investment in IT sector and IT-enabled services industries and to achieve the objectives of the flagship digital India programme and to achieve highest digital literacy.”

The notification said that an eight-member high level committee headed by the Chief Minister has been formed to attract new investments in the IT sector and to retain the existing IT establishments.