Hyderabad: The proposed Information Technology Investment Region (ITIR) project may be delayed as the Union Government informed the state government that it would revise the entire plan. The delay in the process may also lead to delay in estimated investments of about Rs 2.19 lakh crores and nearly 60 lakh jobs.
In a recent visit to Delhi of IT minister Mr. K.T. Rama Rao and IT Secretary Mr. Jayesh Ranjan, the Union IT minister Mr. Ravishankar Prasad had informed them about the decision.
Earlier, the N. Kiran Kumar Reddy government had approved the master plan of Hyderabad Metropolitan Development Authority (HMDA) which was to be applicable till 2031.
The Centre had approved the plan in September 2013 and the phase-I has to commence by 2018. But, the TS chief minister Mr. K. Chandrasekhar Rao wanted to revise the plan as the government has several goals including one to develop Hyderabad into a global city.
Last year, the government constituted a panel comprising of CMO principal secretary Narsing Rao, HMDA commissioner and MAUD principal secretary to redraft a master plan.
The new master plan will draft land use details for ITIR to be established in an area of 202 sq km (49,913 acres) in HMDA limits. The main aim of the government for revising the plan was to expand IT sector around Hyderabad instead of developing only one locality.
TS has identified clusters for the project at Madhapur, Gachibowli, Manikonda (Financial District), Raidurgam, Kondapur, Tellapur, Baha-durpally, Javahar Nagar, Uppal, Pocharam, Hard-ware Park, E-City, Fabcity and Maheswaram localities around Hyderabad.
As per the previous master plan, the Union Government was to support the state for developing ITIR from 2013-18 in the first phase with around '942 crore. As the Telangana government revised the plan, the Union Govern-ment too would make revisions.
IT Secretary Mr. Jayesh Ranjan told DC that the declaration of revision was pending with the Government of India. “When we met the union IT minister, he inform-ed about the revision. It is a big process. The Union Cabinet has to approve it and it may take time,” he said.
Out of the 202 sq.km area, 41 per cent (82.4 sq.km) will be the processing area (IT office space) and another 76.9 square kilometers will be exclusively spent for greenfield. Already, Madhapur, Gachibowli and Nanakramguda IT corridor has covered 5.5 square kilometer.
