Software policy 2.0: the new paradigm4 min read 13 Dec 2016, 12:52 AM IST
India desperately needs a national policy on software products to retain the software powerhouse tag
India’s first software policy of 1986 resulted in the Software Technology Park (STP) scheme in 1991. Undoubtedly, the policy was highly successful, with the information technology (IT) industry today accounting for more than 9% of the country’s gross domestic product (GDP). However, the past few years have seen a serious decline in IT sector growth, owing to the rapid, global transformation in the technology and software industries.
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