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Indian #tech firms contributed nearly $200 billion to the US #economy, more than the combined economies of 20 US states
businessinsider.in/tech/enterpris…
By @Krittiiii
businessinsider.in/tech/enterpris…
By @Krittiiii
Indian #tech firms have spent $396 billion in US sales output. This supported 1.6 million jobs in total and contributed $198 billion to the US #economy, which is larger than the combined economies of 20 US states in 2021, according to a NASSCOM report.
The sector directly generated $103 billion of revenue in the USA, while employing 207,000 people last year. The Indian tech industry created an average wage of $106,360 for the #employees in the US, according to the report.
Thread alert on IRDAI Regulatory Sandbox. Did an article on the topic a few days ago to demystify it. After having thrown some light on the regulation, I seek a few answers. Tweeps, time to return the favour :) Both answers and questions are welcome [1/n]
Q1) Assuming an innovation requires relaxation in the existing regulations, which the regulator grants. What would happen to the innovation after the testing period of 6 months is over and the innovation, by design, cannot comply with the existing regulations? [2/n]
Q1) For example, pay-as-you-go insurance products are not allowed by the existing regulations. What happens if the innovation loses meaning without the relaxation of this particular norm? [3/n]
