The Andhra Pradesh government launched new ‘AP Information Technology Policy 2021-24’ that is expected to generate more than 55,000 jobs over the next three years.
➡ The IT, Electronics and Communications Department would be transformed into a revenue centre to achieve self-sustenance.
➡ The policy is expected to create 1.65 lakh indirect employment.
➡ 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.
➡ The policy 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 government would establish incubation centers and conduct hackathons and workshops for startups.
➡ The government would establish an IT Emerging Technologies Research University in Visakhapatnam.
➡ The university would focus on applied research in 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.
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