Telangana

KTR announces sops for IT sector in Karimnagar

IT Minister K. Taraka Rama Rao and Finance Minister Eatala Rajender lay the foundation stone to an IT tower in Karimnagar on Monday

IT Minister K. Taraka Rama Rao and Finance Minister Eatala Rajender lay the foundation stone to an IT tower in Karimnagar on Monday   | Photo Credit: Thakur Ajay Pal Singh

TASK and T-Hub to transform youth into job-creators

Minister for IT and Municipal Administration K. Taraka Rama Rao has announced several sops to Karimnagar town to encourage the Information Technology sector and also help the student community secure employment.

Speaking after laying the foundation stone for construction of IT towers on the outskirts of the town on Monday, he said that the government would sanction a Telangana Academy of Skills and Knowledge (TASK) centre and T-Hub to create jobs. The towers would be constructed at a cost of ₹25 crore, sprawling over 62,000 square feet on the shores of the Lower Manair Dam reservoir.

The Minister announced the sanction of another similar IT tower in the town to help the local youth secure employment in the district.

Eight entrepreneurs from U.S.A., Australia and other parts of the country signed a memorandum of understanding with the government for setting up of their firms in the proposed IT towers and were appreciated by Mr. Rama Rao. The Karimnagar MP, local legislators and others would visit U.S.A. and other countries to encourage Non-Resident Indians hailing from Telangana to set up their firms here.

Reiterating the government’s commitment to provide employment to the youth, he said that they had provided direct employment to over one lakh youth in IT sector and another two lakhs youth in other private sectors. He said that the government was taking measures to fullfil the promises of providing irrigation sources to one crore acres with the Kaleshwaram lift irrigation project.

Minister for Finance and Civil Supplies Eatala Rajender said that the district was fast developing. The Kaleshwaram lift irrigation project would convert the district into an irrigation hub, he said. Tourism would also receive a boost due to projects such as the Manair River Front, developed at a cost of ₹506 crore, the first cable-stayed bridge, at a cost of ₹183 crore, across Manair and beautification of Karimnagar town, which was taken up at a cost of ₹250 crore, he said.

Karimnagar MP B. Vinod Kumar called upon the student community to take part in creation of a ‘golden Telangana”. MLA G. Kamalakar urged the government to sanction another IT tower. ZP chairperson Tula Uma, MLCs Naradasu Laxman Rao and T Bhanu Prasad Rao, legislators Rasamayi Balakishan and S. Satyanarayana and others were also present.

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Printable version | Jun 1, 2020 1:27:24 AM | https://www.thehindu.com/news/national/telangana/ktr-announces-sops-for-it-sector-in-karimnagar/article22402051.ece

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