IT ministry to set up software product council with outlay of Rs 1,500 cr

Indian product companies like InMobi, Freshdesk, Tally and others may have a reason to rejoice if the government’s ongoing efforts to implement a software product policy come to fruition.

The Ministry of Electronics and Information Technology (MeitY) is working on creating a software product council, including members from the government, academia and industry that will work on implementing a software product mission.

The Mission is part of the implementation plan of the National Policy on Software Products, which was notified by the Cabinet in February, just before the general elections began.

“All the major stakeholders and people who matter in the software product industry are represented. We have taken certain inputs from major stakeholders, and based on their inputs we have proposed an architecture,” said a senior official at the MeitY.