1. Electronic and BPO sector can create more than 10 million new jobs in the next two years: Ashwini Vaishnav
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The Union minister for Communications, Electronics & Information Technology and Railways, Ashwini Vaishnav said that the electronics sector alone could create additional jobs between 2.5 - 3 million and the BPO sector could make available 8 million jobs in the coming two years.
He was speaking after inaugurating the National Level Start-up Initiative organized by the Software Technology Park of India (STPI) and Electronics and Computer Software Export Promotion Council (ESC), in New Delhi on 30 November 2022.
The National Level Start-up Initiative has been organised to select 40 start-ups that will participate at the US exposure meeting for building industry linkages, interface with venture capitalists.
The meeting will be held in the United States of America on 10-11 January 2023.
2. Union Minister Rajeev Chandrasekhar Inaugurates 63rd STPI at Davanagere, Karnataka
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The Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, Rajeev Chandrasekhar inaugurated a Digital India Startup hub at the Software Technology Parks of India (STPI) centre at Davanagere, Karnataka on 25 November 2022.
This is the 63rd STPI centre in the country and the fifth in Karnataka.
The minister said that India has the fastest growing innovation system with more than 80,000 Startups and over 107 Unicorns, the Minister said the world today looks at India with awe and respect.
Software Technology Park of India (STPI)
It was set up in 1991 by the under Ministry of Electronics and Information Technology (MeitY).
It was set up to promote Software to promote the development and export of software and software services including Information Technology (I.T.) Enabled Services / Bio-IT.
It aims to be the largest technology Startup ecosystem in the country and to transform the country into a software product nation.
The total export from STPI in 2020-21was Rs. 4, 96,313 crores, which is around 50% of the national software exports and 2.3% of India’s GDP in 2020-21.
Director General of STPI : Arvind Kumar
