77% increase for IT in Kerala Budget

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Finance Minister presenting Budget

Tvm: The 2010-11 Kerala Budget presented by the Finance Minister Dr. Thomas Isaac today has a 77% increase in the allocation for the IT Department in Kerala. The allocation for Information Technology Department is enhanced to Rs.153 crore from Rs.86 crore.

Excerts from the Budget speech:

For Kerala State IT Mission, Rs. 29 crore is set apart. Rs.6.8 crore is earmarked for Indian Institute of Information Technology and Management. Rs.1.5 crore is provided for International Centre for Free Software.  An ICT Academy will be established at Thiruvananthapuram with central assistance.

Rs.70 crore is set apart for the development of IT parks at Thiruvananthapuram and Kochi, Cyber parks at Kozhikode, Kannur and Kasaragod and for the Infopark at Kochi. For the land acquisition of different parks started at Kozhikode, Cherthala, Ambalappuzha, Kannur and Kasaragod, Rs. 20 crore is earmarked for the Information Technology Infrastructure Company. Rs.22 crore is set apart for the development of State Data Centre and Network Operation Centres at Thiruvananthapuram, Kochi and Kozhikode. In 2010-11, the works relating to Athulya Info Park at Kakkanad having an area of 5.5 lakh square feet, Infopark at Cherthala, Technopark at Kottayam and second phase of Infopark at Koratty will be completed. 

The Smart City at Kochi will definitely be implemented. Unfortunately, the project is indefinitely getting delayed due to the demands raised by TECOM that were not in the original agreement. Infopark will initiate a project which can generate 1 lakh employment opportunities. 150 acres of land will be acquired by this month. This will be implemented in two phases as planned in the case of Vizhinjam project. Infopark itself will take up the first phase activities. Rs.50 crore is earmarked for the initial expenses.  A suitable business model will be formulated in the line of CIAL or VISL for the second phase.

Industry welcomes Green Budget

THE Group of Technopark companies (GTech) have appreciated the state Government for presenting a Budget aimed at the Inclusive Growth of the economy. In a press release, GTech felt that the initiative to launch a Green fund would help in mitigating the challenges posed by Global Warming and also in preserving the Environment. GTech also appreciated the Government Budget Proposals aimed at Infrastructure development, ensuring Food Security, providing health insurance and Urban Job creation and said that this would create an enabling environment for Growth and Equity.

GTech also welcomed the proposals of the Government to speed up the IT/ITES Infrastructure development in the state and also for the proposal to establish an ICT Academy in Thiruvananthapuram.

Kerala IT News

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