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Indian industry snubbed Google Play’s decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its abrasive & monopolistic abuse as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue. When we are forced to use a payment system that charges 15 % to 30% per payment, it can’t be acceptable by anyone! The digital India dream must not be ransom to such monopolies, said Paytm founder and CEO Vijay Shekhar Sharma on Twitter.
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Union Budget 2021: Here s how Indian tech industry reacted
Union Budget 2021: Finance Minister Nirmala Sitharaman today announced the Budget 2021 that will be applicable for the upcoming fiscal year starting April, 2021. Here s how the tech industry reacted:
Ketan Patel, Managing Director, HP India Market, said, Todayâs budget announcement confirms governmentâs focus on developing infrastructure and skills which will have short and long term benefits to Indian economy & people. From a technology point of view, the incentives for creating digital infrastructure, education and skilling spells out the governmentâs intent on developing the countryâs human capital. Steps like international collaboration to develop new skills will help Indian youth prepare for modern job requirements and make them global-ready.
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The big-ticket project is currently run by
Infosys Ltd. and is expected to come up for renewal in July 2021. It was handed to Infosys from TCS in 2013. The second phase of MCA 21 had a total project outlay of Rs 357.81 crore.
With new digital capabilities to be added, the next version of the marque project is expected to garner more interest from foreign as well as Indian tech majors.
Sitharaman also said that the next general census in the country will be the first digital. This will mean a boost in business for both hardware companies, which will likely see a surge in sales of laptops, tablets, smartphones and printers, as well as software companies that will run and build the technology-enabled backend.