07 April 2016 Current Affairs: The Government of Telangana on 4 April 2016 launched the ICT Policy Framework 2016. The policy was unveiled by Chief Minister K Chandrasekhar Rao in Hyderabad in the presence of Governor E S L Narasimhan.Besides the ICT policy, a clutch of subsidiary policies were launched on this occasion. They include –Telangana Electronics Policy 2016,Telangana Gaming and Animation Policy 2016,Telangana Rural Technology Centers Policy 2016, Telangana Innovation Policy 2016Objectives of ICT Policy Framework 2016 : To emerge as a role model for smart governance in the delivery of citizen services.To position Telangana as a leading global hub for the entrepreneurship and innovation.To transform Telangana into the most preferred destination for IT companies.To empower citizens in utilizing emerging opportunities in the digital world.To establish the State as the leader in key emerging technologies.To achieve this vision following targets were set forth by the policy.Expansion of IT/ITeS : To double the value of current 68232 crore rupees IT exports in Telangana in 5 years. To double the current employment of 4 Lakhs in 5 yearsTo establish 3 tier-II cities as IT Hubs in 5 years.Electronics.Attract investments to the tune of 3 billion US dollars in electronics sector. Create an employment of 1.5 lakh through electronics sector in the next 5 years.Enhance the production from approximately 1 billion to 7.5 billion US dollarsEntrepreneurship.Work with private sector to develop 10 lakh square feet of infrastructure space dedicated to start-ups and entrepreneurship related activities in 5 years.Work with international financial institutions to raise and deploy 2000 crore rupees funds to aid entrepreneurship and accelerate innovation.Provide incubation and mentorship support to 5000 startups in the next 5 years.To achieve the above objectives, the following new initiatives were proposed in the policy.Theme based clusters like GAME park, Data Analytics park, Data Center campus, etc will be created to give boost to startups.Specialized wings, like Photonics Valley Corporation, will be created within the ITE&C Department to focus exclusively on specific areas.Thematic training and innovation centers and Centers of Excellence will be developed.Additional incentives will be provided for companies that take up R&D and product in emerging areas of information and communication technology. Electronics Policy: T-Hub Phase II will be set up in 3 lakh square feet housing 300 startups. Overall, the policy is aimed at facilitating growth of 5000 startups.Rural Tech Policy: One Rural Tech Centre will be developed in each of the 10 districts of the State.These 10 centers together will employ 2500 people.10000 people will be imparted with IT/ITes skills through Telangana Academy for Skill and Knowledge (TASK).Electronics Policy: The policy is aimed at attracting 3 billion US dollars of investments in electronic system designing and manufacturing (ESDM) sector. The production value will be enhanced from 1 billion US dollars to 7.5 billion US dollars.This sector will provide employment for 1.6 lakh professionals.Gaming and Animation Policy: A Game City will be built in an area of 6 lakh square feet for stakeholders of animation, gaming, multimedia and entertainment sector.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail