The Andhra Pradesh State Government recently launched a new ‘AP Information Technology Policy 2021-24’ that is expected to generate more than 55,000 jobs over the next three years. The policy would be in force till March 31, 2024.
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For this purpose, a robust and holistic business environment would be created and the IT, Electronics and Communications Department would be transformed into a revenue centre to achieve self-sustenance.
The State would earn a revenue of Rs 783 crore over 10 years in the form of various taxes, while the direct employment alone is expected to infuse over Rs 2,200 crore every year, leading to the overall growth of the economy through multiplier effect, according to the policy note.
