Ravi Shankar Prasad meets K. Chandrashekar Rao on ITIR Hyderabad


Ravi Shankar Prasad, Union Minister of Communications and Information Technology said that a separate postal circle has been approved and sanctioned for Telangana and a post of CPMG has also been created. The Union Minister has called on the Honourable Chief Minister Sri K. Chandrashekar Rao at secretariat this morning.  The Chief Minister told the Union Minister that, the Government of India has set up an Information Technology Investment Region (ITIR) in Hyderabad and for creation of Infrastructure certain places have been identified in Hyderabad.  He said, that, the IT companies which are already in existence in Hyderabad liked to expand and need facilities for education and health in ITIR region.  Responding to this the Union Minister said that Hyderabad is an intellectual place and is nationally and internationally recognised as a IT Hub. The CM mentioned about the National Geographic identifying Hyderabad as one of the top best places in the world.
   The CM made a request to the Union Minister, that, the Central Government support of Rs. 165 Crores to the ITIR of Hyderabad is inadequate and needs to be increased for which the Union Minister responded positively and said that a formal request to be sent to his ministry from state Government. ITIR is set up to promote investment in IT/ITES and Electronic Hardware sector. ITIR, Hyderabad in an area of 202 Sq.Kms .(49.913 acres) is identified in and around Hyderabad Metropolitan Area – such as (i) Cyberabad Development Authority (CDA), including Gachibowli and Madhapur; (ii)  Hyderabad Airport Development Authority (HADA) covering  Mamidipally, Raviryal, Adibatla & Maheswaram and (iii) Uppal & Pocharam areas.  The ITIR is expected to attract a total investment of about Rs. 2,19,440 crores of which the IT/ITES sector is expected to attract investments of Rs. 1,18,355 crores and the EHM sector will attract investment of Rs. 1,01,085 crores.   For creation of external physical infrastructure, a financial assistance to the tune of Rs. 4863 crores (Phase-I Rs. 942 crores and Phase II- Rs.3921 crores) is sought from GoI and on consideration Government of India approved Central support to an extent of Rs. 3275 crores (Phase-I Rs. 165 crores and Phase-II Rs. 3110 crores).
  The Chief Minister has also brought to the notice of Union Minister that his Government enacted a New Industrial Policy known as self certification which is the best policy in the world and handed over a copy of policy to him.  The Union Minister mentioned, that, Hyderabad is a place of Excellency in so many ways and also appreciated the good team work of Telangana State Government in taking forward policies and programme of the Government. He said that he is available for Telangana State Government and the Chief Minister always for any kind of assistance in IT and Communication field. He also said, that, he is fascinated to read several things about Telangana.
IT Minister Sri. K.T. Rama Rao, Chief Secretary Sri. Rajiv Sharma, Principal Secretary to CM Sri S. Narsing Rao and Parliament Member Sri. Boora Narsaiah Goud are present in the meeting.

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