ABOUT STPI (SOFTWARE TECHNOLOGY PARKS OF INDIA) SCHEME

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ABOUT STPI (SOFTWARE TECHNOLOGY PARKS OF INDIA) SCHEME

STPI Overview

The Background Software Technology Parks of India was established and registered as an Autonomous Society under the Societies Registration Act 1860, under the Department of Electronics & Information Technology, Ministry of Communications and Information Technology, Government of India on 5th June 1991 with an objective to implement STP Scheme, set-up and manage infrastructure facilities and provide other services like technology assessment and professional training.

Objectives of STPI

The objectives of the Software Technology Parks of India are: (a)         To promote the development and export of software and software services including Information Technology (IT) enabled services/ Bio- IT. (b)         To provide statutory and other promotional services to the exporters by implementing Software Technology Parks (STP)/ Electronics and Hardware Technology Parks (EHTP) Schemes and other such schemes which may be formulated and entrusted by the Government from time to time. (c)         To provide data communication services including value added services to IT / IT enabled Services (ITES) related industries. (d)          To promote micro, small and medium entrepreneurs by creating conducive environment for entrepreneurship in the field of IT/ITES.

Functions of STPI

The STPI performs all functions necessary to fulfill its objectives and include the following:- (1)      To establish Software Technology Parks / centers at various locations in the country; (a) to perform all functions in the capacity of the successor to the erstwhile Software Technology Park Complex which were taken over by the STPI (b) to establish  and manage the infrastructural resources such as integrated infrastructure including International communication / Data center / Incubating facilities etc. for 100% export oriented units and to render similar services to the users other than exporters. (c) to undertake other export promotional activities such as technology assessments, market analysis, market segmentation as also to organize workshops/exhibitions/seminars/conferences etc. (d) to facilitate specialized training in the niche areas to meet the above objectives. (e) to work closely with respective State Government and act as an  interface between Industry and Government. (f)   to promote secondary and tertiary locations by establishing STPI presence to promote STP/EHTP Scheme, and promotional schemes announced by Government. (g)  to promote entrepreneurship through incubation programmes /  seed funds / IP development and other awareness programmes. (h)  to assist State Governments in formulating IT policies and liaison for promoting the IT industries in respective states to achieve an exponential growth of exports. (i)   to promote quality and security standards in the IT industries. (j)   to work jointly with venture capitalists for providing financial assistance to the IT industries. (k)  to provide Project Management and Consultancy services both at national and international level in the areas of expertise of STPI. (2)    To perform financial management functions which comprise inter aliathe following activities; (a) to obtain or accept grants, subscription, donations, gifts, bequests from Government, Corporations, Trusts, Organizations or any person for fulfilling the objectives of  the STPI. Note: Whenever any gifts, bequests from foreign Governments/ organizations are accepted / obtained they shall be routed through Government and be regulated by such directions as may be issued by Government. (b)  to maintain a fund to which shall be credited :   all money provided by the Central Government, State Governments,    Corporations, Universities etc.,   all fees and other charges received by the STPI,   all money received by the STPI  by way of grants,  gifts,donations,  benefactions, bequests or transfers; and   all money received by the STPI in any other manner or from any other    source.  (c)  to deposit all money credited to the Fund in Scheduled Banks / Nationalized Banks or to invest in such a manner for the benefit of the STPI as may be prescribed. At least 60% of the funds shall be placed with the Public Sector Banks or in such a manner as may be prescribed by the Government from time to time. (d)  to draw, make, accept, endorse and discount cheques, notes or other negotiable instruments and for this purpose, to sign, execute and deliver such assurance and deeds as may be necessary for the purposes of the STPI. (e)  to pay out of the funds maintained by STPI or part thereof, the expenses incurred by the STPI from time to time including all expenses incidental to the formation and reorganization of the STPI and management and administration of any of the foregoing activities including all rents, rates, taxes, outgoings and the salaries of the employees. (f)   to acquire, hold and dispose of the property in any manner whatsoever for the purposes of the STPI, with the prior approval of Governing Council as per the procedure laid down by Government. (3)    to do all such acts and things as may be required in order to fulfill the objectives of the STPI. Quality Objective   q      Strive for the upgradation of the technology to meet customer requirements in ever changing market q      Upgradation of the technical knowledge of STPI personnel through seminars/conferences/trainings q      State-of-Art data communication services as per acceptable international standards q      Comprehensive service including project approvals, import attestation, software export certification etc., in a time bound manner q      Achieving customer satisfaction through the combined efforts of planning and execution of the projects through dedicated workforce

This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
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