Andhra Pradesh gets new IT policy for 2021-24

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AMARAVATI: The Government of Andhra Pradesh on Wednesday, June 30, launched the new ‘Andhra Pradesh Information Technology (IT) Policy 2021-24’ which is expected to produce more than 55,000 jobs in the next three years. To achieve this, the holistic business environment is created and the IT, Electronics and Communications Department will be converted to revenue centre to achieve self-sustenance.

The state cabinet led by Chief Minister Y S Jagan Mohan Reddy approved the new policy which will generate more than 1.65 lakh indirect jobs ensuring holistic development of eco-system. The state will earn the revenue worth Rs 783 crore in the next 10 years in the form of taxes whereas the direct jobs will alone generate over Rs 2,200 crore every year, according to the policy note.

The new policy is a shift from the previous one as this provides end-to-end support for the start-ups such as plug and play office space, access to investors, mentors, talent pool, funds through venture capitals, etc., the note said. It added that the government would establish the incubation centres and conduct hackathons and workshops for start-ups. It would also establish an IT Emerging Technologies Research University in Vishakhapatnam to develop the state as the leading producer of the talent in IT and cutting edge technologies. Digital libraries are also to be set-up at the gram panchayat level with access to high-speed internet, six workstations and essential software.