Though the budget presented by finance minister K N Balagopal did not announce any major IT projects, all major IT parks in the state managed to get fund allocation for development works. This will help make the IT corridor project announced in the previous budget a reality.
An amount of Rs 26. 60cr has been earmarked for developmental activities of Technopark in Thiruvananthapuram, Rs 35. 75cr for the development of Infopark, Kochi and Rs 12. 83cr for Cyber Park, Kozhikode.
A total of Rs 559cr has been earmarked for the IT sector, in the budget. Among this, Rs 127. 37cr has been provided forKeralaState Information Technology Mission and Rs 53cr for State Data Centre.
Kerala Fibre Optic Network (K-FON) project got Rs 100cr while Rs 2cr was earmarked for providing free household Internet connection under K-FON project to 70,000 eligible BPL families. For this, 500 families will be identified in each assembly constituency.