Scheme Name: IT Policy 2021 - 24

State: Andhra Pradesh

Description of the Scheme: Government with a view to make Andhra Pradesh one of the major hubs for Information technology hereby introduces ?IT Policy 2021 - 24? after extensive consultations with stakeholders, Industrial Associations and Industrial experts.

Target group : Micro, Small & Medium Enterprises

Sector of the Scheme: Multiple Sectors

Eligibility Criteria: Micro, Small & Medium Enterprises

Nature & Mode of Assistance: Employment creation incentive A one-time incentive of 10 percent of annual salary capped as below. ? INR 1,00,000 per local employment position for high-end IT jobs created in the State ? INR 75,000 per local employment position for mid-level IT jobs created in the State ? INR 50,000 per local employment position for entry-level jobs created in the State For Women/ SC/ ST ? INR 1,50,000 per local employment position for high-end IT jobs created in the State ? INR 1,12,500 per local employment position for mid-level IT jobs created in the State. ? INR 75,000 per local employment position for entry-level IT jobs created in the State Work from Home incentive A one-time incentive of up to INR 20,000 per employment position to cover expenses related to remote working hardware, software, bandwidth costs etc. Quality Certification 50 percent reimbursement on quality certification charges up to INR 5 lakhs per firm will be provided to IT firm Transport Subsidy A transport subsidy of INR 500/- per employment position per month shall be provided for a period of 2 years, capped to a maximum of INR 10 lakhs per firm Incentives to training institutes A one-time incentive of INR 10,000/- per local full- time direct employment position facilitated in the State Land Cost Incentive for IT Parks A one-time incentive of INR 50,000 per employment created capped at 60 percent of the land value will be granted to the developer as a reimbursement on land cost, provided the IT park developer creates at

"Financial Information (Subsidy, low interest rate, etc.)": Incentive

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)": Not Availaible

How to apply: Not Availaible

Whom to Contact: Apply through the singe window portal