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MeitY gears up to present INR 5K Cr software product development fund to FM

Shortpedia

Content Team
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Almost a year after the Software Product Development Fund (SPDF) was approved under the National Policy on Software Products, the Ministry of Information Technology (MeitY) is working on taking the action plan to the finance ministry. Reportedly, MeitY officials are expected to approach the finance ministry by next week with a detailed proposal for the SPDF. Officials also plan to have Cabinet-noted ready by early-July.