{"id":42617,"date":"2019-03-01T17:44:02","date_gmt":"2019-03-01T12:14:02","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=42617"},"modified":"2019-03-01T17:44:02","modified_gmt":"2019-03-01T12:14:02","slug":"union-cabinet-approves-software-product-policy","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/union-cabinet-approves-software-product-policy\/","title":{"rendered":"Union Cabinet approves software product policy"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.thehindu.com\/business\/union-cabinet-approves-software-product-policy\/article26400904.ece\">Union Cabinet approves software product policy<\/a><\/strong><\/p>\n<ol>\n<li>The Union Cabinet has approved the National Policy on Software Products 2019. The policy aims to Develop India as a software product nation. It also aims to align with other Government initiatives such as Start-up India, Make in India and Digital India, Skill India etc. so as to create Indian Software products Industry of USD 70-80 billion by 2025.<\/li>\n<li>The policy proposes an outlay of Rs.1500 Crore to implement the programmes\/ schemes envisaged under this policy over the period of 7 years. The fund is divided into Software Product Development Fund (SPDF) and Research &amp; Innovation fund.<\/li>\n<li>The policy has five missions: a) promote the creation of a sustainable Indian software product industry, driven by intellectual property (IP) which would lead to a ten-fold increase in India share of the Global Software product market by 2025, b) nurture technology start-ups in software product industry, including such technology start-ups in Tier-II and Tier-III towns &amp; cities to generate direct and in-direct employment for 3.5 million people by 2025, c) create a talent pool for software product industry by up skilling IT professionals, motivating school and college students and generating specialized professionals that can provide leadership, d) \u00a0build a cluster-based innovation driven ecosystem by developing 20 sectoral and strategically located software product development clusters. These clusters would have integrated ICT infrastructure, marketing, incubation, R&amp;D\/ test beds and mentoring support, and e) set up National Software Products Mission which would evolve and monitor scheme &amp; programmes for the implementation of the policy.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Union Cabinet approves software product policy The Union Cabinet has approved the National Policy on Software Products 2019. The policy aims to Develop India as a software product nation. It also aims to align with other Government initiatives such as Start-up India, Make in India and Digital India, Skill India etc. so as to create&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/union-cabinet-approves-software-product-policy\/\">Continue reading <span class=\"screen-reader-text\">Union Cabinet approves software product policy<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-42617","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704788501},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/42617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=42617"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/42617\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=42617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=42617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=42617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}