Kerala Finance Minister T.M. Thomas Issac has presented the 68th state budget in the Assembly. There are many who are rejoicing about the “IT boost” in this year’s budget. We bring you some highlights on what the Kerala Finance Minister has announced today for the state’s IT sector:
Free broadband Internet to all houses is one of the key recommendations in this year’s Budget and 20 lakh economically backward families to get free Internet. Kerala Finance Minister T.M. Thomas stated that this initiative aims to reduce the digital divide in the state.
However, the implementation poses several hurdles and this key factor remains critical to the success of the ambitious plan that has been announced today.
Addressing the assembly, Kerala Finance Minister T.M. Thomas Issac stated, “The right to Internet is a fundamental right of the people and Kerala is poised to be one of the few states in the country to recognize this. Hardware mission to be allotted Rs 1 crore and 12 IT parks are to be set up. The objective is to make Kerala an IT hardware manufacturing hub. 20 lakh families belonging to economically weaker sections will get free Internet. By 2020, we also aim to increase one lakh jobs through Kochi Inforpark.”
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With this ambitious initiative, Kerala government is marking its commitment to reduce the digital divide in the state and aims to provide about 1 GB data per month free of cost. Additional usage may be charged but BSNL is expected to roll out the cheapest plan available for this ambitious project.
Further, Rs 100 crore has been allotted for the state’s IT Mission, Techno Industrial park to be set up at Kakkacherry and Rs 70 crore has been allotted for startups and young entrepreneurs, By 2020, the Kochi Inforpark will generate 1 lakh jobs.
Kerala Budget 2017-18: Kerala Finance Minister TM Issac presents the 68th state budget; Top 20 Takeaways
Also, Rs 1000 crore has been set aside for optic fiber network through K-phone and linked with the help of the Kerala State Electricity Board.