Live
- Three persons admitted to hospital for diarrhea treatment
- First Star Outside Milky Way Captured: WOH G64 is 2,000 Times Larger Than the Sun
- Sikkim govt to constitute state Niti Ayog: CM Tamang
- CBI books Rajasthan narcotics inspector for Rs 3 lakh bribe
- Rajasthan bypolls: A tough contest between BJP and Congress
- Albania joins SEPA, paving way for EU integration
- Japanese government approves 250-billion USD economic package to ease price pain
- Six pharma companies to set up their units in Telangana
- The Unstable Events of a 17-Wicket Day in Perth: India vs Australia
- Dutch FM's Israel trip cancelled after Netanyahu's arrest warrant
Andhra Pradesh: 55,000 IT jobs in 3 years
YS Jagan Mohan Reddy
Andhra Pradesh unveils new IT policy for 2021-24
Amaravati: The Andhra Pradesh government on Wednesday came out with the new 'AP Information Technology Policy 2021-24' that is expected to generate more than 55,000 jobs over the next three years. For this purpose, a robust and holistic business environment would be created, and the IT, Electronics and Communications Department would be transformed into a revenue centre to achieve self-sustenance.
The State Cabinet approved the new policy, which is also expected to create 1.65 lakh indirect employment thereby ensuring a holistic ecosystem development. The policy would be in force till March 31, 2024. The State would earn a revenue of Rs 783 crore over 10 years in the form of various taxes, while the direct employment alone is expected to infuse over Rs 2,200 crore every year, leading to the overall growth of the economy through multiplier effect, according to the policy note.
It said the new IT Policy links incentive disbursement to realisation of committed direct employment ensuring transparent and effective utilisation of public funds. In a shift from the previous IT policy, the new one offers end-to-end support for startups like plug-and-play office space, access to investors, mentors, talent pool, funds through venture capitals, private equity firms and other commonly shared services on a variable chargeable basis, the note said.
The government would establish incubation centres and conduct hackathons and workshops for startups, it added. The government would establish an IT Emerging Technologies Research University in Visakhapatnam to develop the State as the leading contributor to the national talent pool in IT and cutting-edge emerging technologies.
The university would focus on applied research in the use of emerging technologies in areas of interest to the State.
Digital libraries and workplaces are proposed to be set up at the grama panchayat-level with access to high-speed Internet, six workstations and essential software. They would also have video conferencing, printing and scanning and access to free-of-cost knowledge databases to provide an enabling ecosystem for 'work from anywhere' concept, the policy note said.
