The Jharkhand EdTech Policy 2024 aims to harness educational technology to revolutionize learning, enhance workforce skills, and position the state as India’s hub for IT, semiconductors, manufacturing, and fintech. By adopting innovative learning solutions, promoting digital literacy, and introducing industry-specific training programs, Jharkhand is committed to building a digitally skilled and industry-ready workforce.
Inspired by the success of nations like Japan, China, Vietnam, Thailand, Malaysia, and the Philippines, Jharkhand will implement targeted skill development programs to address the demands of its growing industries. These initiatives will focus on areas such as infrastructure development, semiconductor manufacturing, electronics production, renewable energy, pharmaceuticals, and business process outsourcing (BPO).
The EdTech Council of Jharkhand will lead this transformation by fostering global partnerships, ensuring the state emerges as a leader in manufacturing excellence and fintech innovation.
By 2030, Jharkhand aims to establish itself as a national leader in industry-driven education and workforce development with these key goals:
The Jharkhand EdTech Policy 2024 outlines a strategic vision to strengthen the skills infrastructure for the state’s growth in key industries. This vision includes:
To prepare Jharkhand’s workforce for a global industrial economy, the state will form strategic global partnerships and establish specialized courses aligned with industry needs:
The Jharkhand EdTech Policy 2024 offers a comprehensive range of incentives to attract EdTech startups, skill development organizations, and global industry partners. These incentives are designed to support digital education, vocational training, and the development of a skilled workforce capable of driving Jharkhand’s transformation into a manufacturing and fintech hub.
Incentive Type | Details |
Industry Skill Development Grants | 50% subsidy on capital investment for skill development centers, EdTech platforms, and infrastructure development, capped at ₹50 crores per unit. |
EdTech and Skill Startup Support | Tax holidays for 5 years for EdTech startups focused on industry-relevant skill development, with 100% SGST reimbursement and support for R&D initiatives. |
Training Grants for Industry Partners | 50% reimbursement on the cost of developing sector-specific training programs in collaboration with industries like semiconductors, renewable energy, fintech, and pharmaceuticals. |
Workforce Development Subsidies | 50% reimbursement for companies investing in vocational training and digital upskilling for employees in key sectors such as manufacturing, electronics, and pharmaceuticals. |
R&D Grants for EdTech Innovation | 50% subsidy on R&D costs for the development of digital education tools, online learning platforms, and AI-driven educational solutions, capped at ₹5 crores per year. |
Technology Adoption Grants | Subsidies for schools, universities, and training centers adopting EdTech solutions, including e-learning platforms, AI-based tools, and virtual reality (VR) training modules, up to ₹20 crores per institution. |
Skill Development Infrastructure Subsidies | 60% capital subsidies for setting up smart classrooms, digital learning centers, and vocational training labs in urban and rural Jharkhand. |
Global Collaboration and Expansion Support | 50% reimbursement on participation costs for international EdTech conferences, skill development expos, and knowledge exchange programs, fostering global partnerships. |
Apprenticeship and Internship Support | Monthly stipend support of up to ₹6,000 per apprentice for companies providing internships and on-the-job training to students in manufacturing, fintech, and engineering sectors. |
Talent Development Incentives | Grants and tax incentives for companies investing in executive education, upskilling for senior leadership, and continuing education programs in partnership with global universities and training centers. |
Green Skill Development Grants | Subsidies and grants for skill development programs focused on renewable energy, energy efficiency, and sustainable manufacturing practices, up to ₹10 crores per project. |
EdTech Research Collaboration Grants | Incentives for global EdTech companies to collaborate with Jharkhand’s universities and research institutions, providing 50% reimbursement on joint research initiatives aimed at advancing digital education. |
Financial Incentives for Rural Skill Development | Special grants to promote digital and vocational training in rural areas, including 100% financial support for the establishment of skill centers and 100% internet connectivity support for underserved regions. |
Employment and Job Creation Incentives | Up to ₹8,000 per new job created in skilled sectors such as semiconductor manufacturing, electronics, renewable energy, fintech, and pharma, reimbursed over the first two years of employment. |
The Jharkhand EdTech Policy 2024 aims to transform education and cultivate an industry-ready workforce that will drive India’s manufacturing, fintech, and technology sectors. By incorporating global best practices from countries like Japan, China, Vietnam, Thailand, Malaysia, and the Philippines, Jharkhand will produce a highly skilled workforce, positioning the state as a leader in global industrial growth.