 "Union Minister Arun Jaitley | Photo: Reuters")
The Cabinet on Thursday cleared a policy to make India a software product centre by 2025. In a series of decisions, it approved the second phase of the FAME India scheme to boost electric vehicle for public transport, and an ordinance to allow voluntary use of Aadhaar number as a Know Your Customer (KYC) mechanism.
National Policy on Software Products, 2019
The policy lays out a five-year road map seeking creation of 3.5 million jobs and promoting 10,000 startups with an initial budget of Rs 1,500 crore.
The policy aims “to encourage innovation, startups and creation of Intellectual Property (IP)
