As on 31.03.2020, EDF has invested Rs. MeitY Startup Hub. To verify, just follow the link in the message, Copyright © 2020 Bennett Coleman & Co. Ltd. All rights reserved. Only data related to second-factor authentication may be made SPD, it had suggested. Indian Startup Funding Recovers In Q3 2020 After 74% Decline In The Previous Qua... Big Brands Dive Into India’s Esports Industry, The Future Of Education: Indian Startups Chase $10 Bn Edtech Opportunity, [The Outline By Inc42 Plus] How To Win In Bharat — It’s All About Product. MeitY officials are expected to approach the finance ministry as early as next week with a detailed proposal for the Software Product Development Fund (SPDF), according to three sources aware of the developments. The policy aims to align with other government initiatives such as Startup India, Make in India and Digital India, Skill India etc so as to create Indian Software products Industry of $70 bn -$80 Bn with direct and indirect employment of 3.5 Mn by 2025. Earlier, Internet and Mobile Association of India (IAMAI) had also asked for the removal of financial data from the ambit of sensitive personal data. and With the implementation of data bill, it will be mandatory to store even a copy of these crucial FPI-related details, said ET report quoting the letter.

Electronics System Design & Manufacturing, Digital Economy & Digital Payment Division, Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing, Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme, Electronic Manufacturing Clusters(EMC) / Information Technology Investment Region (ITIR), Modified Special Incentive Package Scheme (M-SIPS), Electronics Development Fund (EDF) policy, Notifications for Electronic Products under Public Procurement Order 2017, CANBANK Venture Capital Funds Ltd.(CVCFL), LoI for engagement of M/s CANBANK Venture Capital Funds Ltd. to house EDF, Notification of Policy for setting up of Electronics Development Fund_English, Notification of Policy for setting up of Electronics Development Fund_Hindi, eBook of Electronics Development Fund (EDF) Policy. To promote e-Governance for empowering citizens, promoting the inclusive and sustainable growth of the Electronics, IT and ITeS industries, enhancing India’s role in Internet Governance, enhancing efficiency through digital services. The proposed data bill, for which MeitY had sought the second consultation in August, also was criticised by the US government and Telangana govt for trade distortive and may lead to hurt foreign investments. The fund will focus on investments in ESDM, Nano-electronics and IT Sector. As per the lobby group, the data bill should be applied to entities, which process the data of Indians. 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.