Current Affairs Exam

Shillong Technology Park Was Inaugurated In Meghalaya

Meghalaya Chief Minister Shri Conrad Sangma recently opened the Shillong Technology Park.

Highlights:

The primary goal is to re-integrate Meghalayans who have left the state to pursue work. In addition, the park will provide new job possibilities for the state’s youth.

The park’s principal goal is to provide various job opportunities for the state’s children. They should not consider leaving the state in search of better chances.

Meghalaya is currently constructing five-star hotels and other urban luxury facilities. The very first freight train arrived in the state lately. This will create the ideal Environment for the IT sector’s Growth.

The park will support incubation centers. These centers will collaborate with both the government and the private sector.

Companies from all across the country and companies from other countries have been invited to open their operations at the park by the .

The park is built on a plug-and-play model. The state government is already implementing an ISP strategy to improve the state’s Infrastructure.

The park will be developed in the same way. Infrastructure, Services, and People are the three components of an ISP.

To put it another way, set up the infrastructure. Provide the services that are requested. People must be empowered to reap the benefits.

The Meghalaya State Government will fund the initial phase of construction. For the following phases, the park will use a public-private PARTNERSHIP model.

Benefits And Needs:

Seventy percent of Meghalaya’s Population is under the age of 35. The IT Industry has a lot of potentials. In the state, there is a significant demographic dividend.

This will make it easier to put young people’s abilities to work in the IT industry.

According to the World Economic Forum, by 2025, half of the world’s workforce will require reskilling. This is primarily due to technological advancements.

Furthermore, job automation and the pandemic are causing more economic shocks. The tech park will fill this chasm.

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