Information & Communication Technology Policy, 2014

Context & Objective

The ICT Policy, 2014 visions development of IT/ITES/ESDM industries in Odisha and leverage IT & ITES in governance to transform the state into a knowledge economy.

Special Focus Areas

Startups, Products and R&D/Innovation Firms, Incubation Centers in Educational Institutions & Private Sector, Entertainment IT (Visual Effects, Animation, Gaming), Level II Cities, IT Parks/IT SEZs/ IT Clusters, Mage IT Parks and IT Education and Electronic System Design and Manufacturing (ESDM)

Ease of Doing Business
  • IPICOL as the facilitation agency for Single Window Clearance for projects above Rs. 50 CR
  • A three-tier single window clearance mechanism to facilitate speedy implementation of industrial projects is in place
  • Projects below Rs. 50 crores, to be approved by Odisha Computer Application Centre (OCAC)
  • Provision of Self-Certification under various Labour laws
  • Provision for declaration as Public Utility Services
  • Venture Capital Fund for startup companies through a Special Purpose Vehicle
Infrastructure & Development
IT Parks/STPs Entry Tax Exemption (during construction)- for a period of 3 years 10% 0f area for Incubation Units
SEZ Separate SEZs to be setup for IT/ITES/ESDM industries
ITIR IT Investment Region with all required amenities developed and earmarked for various type of industries
Skill Development
  • Industry ready skills programs with focus on soft skills and communication skills
  • ICT Academy in partnership with Industry
Incentive framework
Rentals for Incubation Space IT/ITES/ESDM units (with up to 40 people) to get 60% to 80% subsidy on lease rentals (based on area) for incubation space with maximum term of 2 years.
Lease Rentals IT/ITES/ESDM units (minimum 40 employees and 2 years of operation) to get 30% to 50% subsidy on lease rentals of built up space for a maximum term of 2 years.
Interest Subsidy 5% per annum on term loan for a period of 5 years for Micro & Small Enterprises with a ceiling of INR 10 lakhs and INR 20 lakhs respectively.
Capital Investment Subsidy 20% on Fixed Capital Investment with a maximum limit of INR 5 crore.
VAT Reimbursement 75% reimbursement of VAT for a period of 5 years limited to 100% of Fixed Capital Investment.
Large and Mega Projects Special package on a one-on-one basis.
 

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