{"id":85757,"date":"2019-03-01T15:45:10","date_gmt":"2019-03-01T10:15:10","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=1931"},"modified":"2019-03-01T15:45:10","modified_gmt":"2019-03-01T10:15:10","slug":"union-cabinet-approves-software-product-policy-2","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/union-cabinet-approves-software-product-policy-2\/","title":{"rendered":"Union Cabinet approves software product policy"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>The\nUnion Cabinet has approved the National Policy on Software Products 2019. The\npolicy aims to Develop India as a software product nation. It also aims to align\nwith other Government initiatives such as Start-up India, Make in India and\nDigital India, Skill India etc. so as to create Indian Software products\nIndustry of USD 70-80 billion by 2025.<\/li><li>The\npolicy proposes an outlay of Rs.1500 Crore to implement the programmes\/ schemes envisaged under this policy\nover the period of 7 years. The fund is divided into Software Product\nDevelopment Fund (SPDF) and Research &amp; Innovation fund.<\/li><li>The\npolicy has five missions: a) promote the creation of a sustainable Indian\nsoftware product industry, driven by intellectual property (IP) which would\nlead to a ten-fold increase in India share of the Global Software product\nmarket by 2025, b) nurture technology start-ups in software product industry,\nincluding such technology start-ups in Tier-II and Tier-III towns &amp; cities to\ngenerate direct and in-direct employment for 3.5 million people by 2025, c) create\na talent pool for software product industry by up skilling IT professionals,\nmotivating school and college students and generating specialized professionals\nthat can provide leadership, d) &nbsp;build a\ncluster-based innovation driven ecosystem by developing 20 sectoral and\nstrategically located software product development clusters. These clusters\nwould have integrated ICT infrastructure, marketing, incubation, R&amp;D\/ test\nbeds and mentoring support, and e) set up National Software Products Mission\nwhich would evolve and monitor scheme &amp; programmes for the implementation\nof the policy.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>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&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/union-cabinet-approves-software-product-policy-2\/\">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":[3127,1731],"tags":[3180],"class_list":["post-85757","post","type-post","status-publish","format-standard","hentry","category-economy","category-bill-and-acts","tag-national-policy-on-software-products-2019","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704758541},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85757","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=85757"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85757\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=85757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=85757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=85757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}