State Govt. to set up Centre of Excellence for Fintech in city
The Hindu
Minister for Higher Education, Information Technology and Bio-technology, Science and Technology and Skill Development C.N. Ashwath Narayan said here on Friday that the government will set up a Centre
Minister for Higher Education, Information Technology and Bio-technology, Science and Technology and Skill Development C.N. Ashwath Narayan said here on Friday that the government will set up a Centre of Excellence for Fintech or Financial Technology in the city.
Addressing a gathering at the inaugural session of Mangaluru Technovanza organised by Karnataka Digital Economy Mission (KDEM), the Minister said that the government will allocate ₹12 crore for it. The funds will be reserved in the 2022-23 Budget, he said.
The Minister reiterated that the government will, through Karnataka State Electronics Corporation Ltd. (KEONICS), set up a software technology park in the city. The Board of KEONICS has approved the proposal. The government will give further approval to the proposal and the construction of the park building will commence later.
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