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DAILY NEWS ANALYSIS

Monthly DNA

03 Nov, 2020

3 Min Read

SOFTWARE TECHNOLOGY PARKS OF INDIA (STPI)

GS-III : S&T Computers and IT

SOFTWARE TECHNOLOGY PARKS OF INDIA (STPI):

The Software Technology Parks of India (STPI) is investing up to? 400 crore in setting up office and connectivity infrastructure across several cities, offering small technology firms a ‘plug-and-play’ facility.

About Software Technology Parks of India (STPI):

  • It is an autonomous society under the Ministry of Electronics and Information Technology (MeitY).
  • Established in 1991
  • The STPI’s Governing Council’s Chairperson is the Union Minister for Electronics & Information Technology.

Other key objectives:

  • To provide statutory and other promotional services to the exporters by implementing Software Technology Parks (STP)/ Electronics and Hardware Technology Parks (EHTP) Schemes & SEZ scheme.
  • To promote micro, small and medium entrepreneurs by creating a conducive environment for entrepreneurship in the field of IT/ITES.
  • To establish and manage infrastructure resources such as Datacom facilities, Project Management and Consultancy and IT support facilities.

Source: TH

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