Why do state governments want data centres?

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Hello, folks. You're tuned into Finshots Daily. In today's episode, we talk about the strange economics of data centers and why governments are subsidizing them so aggressively. Before we begin, here's a quick word from Team Ditto. Life can be unpredictable, and if the main earner is not around, the bills won't stop. That's why term insurance is so important. It gives your family a fixed payout so they can cover school fees, EMIs, and daily expenses without stress. If you buy it early, you can get a one crore cover for as little as thousand rupees a month, and the premium stays the same for your entire policy term. That's real peace of mind at a very small cost. And if you're not sure which plan is right for you, book a free call with Ditto. No spam, just honest guidance. And we're trusted by over eight lakh people for their health and term insurance needs. Now, back to the story. Nowadays, data centers are increasingly viewed as critical infrastructure, just like airports or power plants. And historically, large infrastructure projects mean one thing, jobs. Let's take airports as an example. A new airport can directly employ thousands of people across operations, logistics, retail, etc. So from the government's perspective, if you build massive infrastructure, jobs will follow. In line with this narrative, several states are competing aggressively to start hyperscale server parks by offering cheap land, subsidized electricity, and even expediting approvals that normally take months. To understand