Uttar Pradesh 's Annual Software Export Assets Rs 40 thousand and Crore

• 22 Nov 2023

Why In News?

On November 21, 2023, Dr. Pradeep Kumar Dwivedi, Additional Director of Software Technology Parks of India (STPI), working under the IT Ministry, said that Uttar Pradesh has taken a huge leap in the continuously increasing software exports. The state's annual software export has crossed Rs 40 thousand crore.

Key Points:

• In the year 2020-21, the state's software export was Rs 28 thousand crore annually, which has currently crossed Rs 40 thousand crore. Lucknow's share in this was Rs 400 crore, which has increased to above Rs 550 crore. Export of hardware from across the state has also crossed Rs 1500 crore.
• According to Dr. Pradeep Kumar Dwivedi, Additional Director of STPI, 42 new startups have been created under the Next Generation Incubation Scheme (NGIS). Of these, eight have been given a fund of Rs 25 lakh each. Apart from this, there is a preparation to provide funds up to Rs 1 crore in the Leap Ahead programme.
• In this scheme, apart from the fund, an incentive amount of Rs 30 thousand per month is also being given for six months.
• Youth have benefited the most from starting software startups. Startups are being created in every sector under the Next Generation Incubation Scheme (NGIS) of the IT Ministry. Centers have been set up under this scheme at 12 places in the country. There are two centers in Uttar Pradesh in Lucknow and Prayagraj through which startups are being developed.
• After the implementation of the new IT policy, work is being done at a rapid pace in this area. The use of software has shown positive results especially in the medical field. An important experiment of Center of Entrepreneurship has started in Sanjay Gandhi Post Graduate Institute of Medical Sciences (SGPGIMS), Lucknow.
• In this joint program of SGPGI management and STPI, continuous work is being done on clinical trials. STPI has recently created 28 such startups which are experimenting only on software technology in the medical world. Six of these have even patented their products.
• At present there are five centers of STPI in the state in Lucknow, Noida, Kanpur, Prayagraj and Meerut. While the other four centers are proposed in Agra, Gorakhpur, Bareilly and Varanasi.
• Presently 342 export units are attached to STPI parks. 101 companies are associated with the incubation centre. When four more centers of STPI will be opened, new avenues of employment will open for the youth. More than six thousand youth get immediate benefits from a single park.