Don’t indulge in lay-offs: CM to IT companies

Amid reports of lay-offs by several IT companies, Tamil Nadu Chief Minister Edappadi K Palaniswami has urged the IT/ITES sectors to recommend policies that ensure growth without lay-offs of techies.

Speaking at Connect 2019 – An International Conference and Exhibition on Information and Communication Technology organised by CII along with State government, he said, “For the past one month many IT companies have asked their employees to quit office. This has to be prevented completely. The possibility of preventing such layoffs should be discussed during this conference.”

Palaniswami appealed to the IT industry leaders and experts that the conference may deliberate on pro-active policies for the growth of the IT sector, attract more investments, measures required for a sound financial footing for IT companies and creating more jobs “without resorting to layoffs”. These key issues may be discussed in detail, he stressed.

Recalling his appeal made in the 2018 meet to the captains of industry to extend continued support by way of fresh investments in the state, he said in response to his appeal, Tamil Nadu has already received Rs 6,500 crore as investments in the last one year alone.

“This has resulted in 60,100 new jobs in Tamil Nadu. IT/ITeS sector exports have increased nearly 10 per cent and employment has increased by four per cent in the last one year,” he said and thanked the captains of the industry.

He said that the first CII Connect was inaugurated by the late Chief Minister J Jayalalithaa in 2001 on a positive note that the state would see a great development in the ICT sector and remain in the forefront of technological development in all possible ways. The Chief Minister noted that the peaceful atmosphere and the human resource available in the state have made things possible for investors across the spectrum to come and start their business and the IT industry indeed had seen tremendous growth in the last few years.

R B Udhayakumar, Minister for Revenue and Disaster Management and Information Technology, Government of Tamil Nadu, said Tamil Nadu has a vibrant IT policy to help the common man in getting all types of services through internet, artificial intelligence, block chain, virtual reality, to name a few. He also said the state has put in place an eco system for a knowledge-driven society what with the creation of jobs in the IT sector in large numbers besides forming a new infrastructure in areas of health, education, and other aspects of life, both in the urban and rural regions.  

Sanjay Jayavarthanavelu, Chairman, CII Southern Region, lauded the efforts of Tamil Nadu Chief Minister Edappadi K Palaniswami in making the state a number one global destination with the unveiling of several path breaking policy initiatives and measures for the creation of IT corridors and IT Parks. He also noted that the recent meeting between Indian Prime Minister Narendra Modi and Chinese President Xi Jinping at Mahabalipuram in Chennai has brought an impetus to the state’s development in so many ways. He further said that the CII and the Tamil Nadu Government worked in tandem for the overall growth of the industry in the state.