Proposal to amend ITIR Policy submitted before CCEA

NEW DELHI: IT Ministry has submitted the proposal to amend ITIR Policy, which aims to promote IT and Electronics investments in the country by setting up townships catering to the needs of the sector, IT Minister PP Chaudhary informed Lok Sabha today.

"To overcome the problem faced in implementing the policy (ITIR), a note for amendment in the ITIR Policy, 2008 has been submitted for approval of Cabinet Committee on Economic Affairs," Chaudhary said in a written reply to the house.

ITIR are self contained integrated township to accelerate growth of IT, IT-enabled services like call centers, electronics hardware manufacturing facilities. As per present policy, minimum area of 40 sq km should be delineated for ITIR.

Of the total delineated area, 40 per cent should be earmarked for IT, ITeS and electronic hardware manufacturing units, along with associated logistics and other services and required infrastructure. Rest of the area can include residential, commercial and other social and institutional infrastructure.

Department of Electronics and Information Technology has notified setting up of ITIRs near Bengaluru and Hyderabad.

Odisha government has also submitted a proposal for setting up ITIR in Bhubaneswar over an area of 41.32 sq km and is expected to have an investment of Rs 16,043 crore by 2030. This ITIR is expected to generate direct employment of 2.37 lakh.

"After the approval of amendment in the ITIR Policy Resolution 2008, the proposal of Government of Odisha to set up ITIR in Bhubaneswar will be submitted for consideration of CCEA," Chaudhary said.