NASSCOM Self Regulation in the Indian IT Industry
SWOT Analysis
National Association of Software and Services Companies (NASSCOM) is the primary industry association of the Indian software and services companies. NASSCOM, through its Self Regulation Process, has implemented a strict code of conduct in the industry to promote good corporate governance and ethical standards. According to NASSCOM’s data, companies that have opted for Self Regulation have seen a decrease in corruption, fraud, and misappropriation of funds. The process is a two-pronged strategy, consisting of a Code of Conduct
PESTEL Analysis
The Indian IT Industry was launched in 1984, after the government enacted an act to regulate the industry. Apex body in the country, Nasscom is one of the key players in this self-regulating framework. Nasscom stands for the National Association of Software and Services Companies. NASSCOM has been a leader in the self-regulation process in the Indian IT industry. It provides a set of for companies to work within self-regulation. Companies that follow these are
Evaluation of Alternatives
“In the past decade, there has been a debate about self-regulation, or how to regulate an industry that is self-regulating, in India. It is a common problem that self-regulation is very difficult, and regulation may not be effective or desirable. Self-regulation has become increasingly important as the Indian economy has grown and as the industry has developed. India’s software industry is an important part of the economy, and one of the major ways to create jobs is to have this industry grow and grow. The industry itself
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In the Indian IT Industry, the “National Association of Software and Service Companies” (NASSCOM) has become an influential force, spearheading the growth of the IT industry. With over 15,000 member companies, the industry association has become a significant stakeholder in the Indian economy, and its presence is widely felt in various fields. NASSCOM is the country’s leading industry body that aims to support the growth of software and IT services in the country. Through its various committees, NASSCOM seeks to
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Na’sscom self regulation is a well-organized program that regulates and controls the business practices of the IT industry. The objective of this self-regulation system is to maintain a healthy balance between the growth of the industry and the interests of consumers. The system was initiated in 1992 with the objective to reduce excessive competition and promote a level playing field for all. Since then, NASSCOM has been working on developing a self-regulatory system that would help reduce industry abuses and protect the interest of consumers. NASS