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Software Technology Parks of India (STPI)

Topics Covered: Indigenization of technology and developing new technology.

Software Technology Parks of India (STPI):


Context:

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.
  • Objective of encouraging, promoting and boosting the export of software from India.
  • 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 and other such schemes which may be formulated and entrusted by the Government from time to time.
  • To promote micro, small and medium entrepreneurs by creating 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.

InstaLinks:

Prelims and Mains Link:

STPI- Objectives and functions.

Sources: the Hindu.