Software Technology Parks of India (STIP) to boost the IT sector by promoting growth in tier-two and tier-three cities. Established in 1991, STPI offers software certifications, infrastructure, tax breaks, and fast internet connections. Its new approach, "STPI 2.0," focuses on entrepreneurship in software, tech products, and business process management. For UPSC Paper lll
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Picture Courtesy: THE HINDU
Software Technology Parks of India (STIP) to expand the IT sector nationwide by promoting growth in tier-two and tier-three cities.
The Ministry of Electronics and Information Technology (MeitY) set up STPI in 1991 to boost the tech sector.
Initially, STPI helped tech companies by offering software certifications to increase export, infrastructure, tax breaks, single window clearance system and fast internet connections.
STPI is now changing its main goal to ensure that tech growth reaches everyone, not just those living in major cities like Bengaluru or Mumbai. This new approach is called "STPI 2.0", aim is to create new entrepreneurship in software, tech products, and business process management (BPM) all over the country.
It will provide special workplaces, set up facilities, offer tech skills programs, and mentorship to expand in smaller cities.
FAQ Q. What services does STPI provide to IT startups? STPI offers incubation space, high-speed data, tax incentives, single-window clearance, and access to Centres of Excellence in technologies like AI, IoT, and blockchain. Q. How does STPI support startups in smaller cities? STPI offers incubation facilities, tech skills, mentoring, funding, and infrastructure like high-speed internet in 59 tier-2/3 centers. Q. What is STPI’s impact on India’s software exports? STPI units achieved ₹10.59 lakh crore in software exports in 2024-25, over half of India’s total software exports. |
Source: THE HINDU
PRACTICE QUESTION Q. "Digital inclusion is not an end in itself, but a means to achieve broader sustainable development goals." Critically analyze. 150 words |
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