While Google seems to have included India in the list of countries currently supported for distributing paid apps in Play Store, it is not allowing the developers to setup merchant accounts in Google Checkout, a compulsory step for selling paid applications.
It might be a last minute delay as the company sorts out final hurdles and we hope to see the feature live soon.
The news of Indian developers being allowed to distribute paid apps come at very important juncture in Android history, because it has just been four years since the release of version 1.0 of Android SDK, a set of development tools required for the creation of applications.
Given the software and app development market in the country, we are sure that ability to sell paid apps will be an added advantage for devs. It will give them an additional way to monetise apps apart from just adding advertisements, which are often not good for user experience.
There are currently 31 other countries from where devs can publish paid apps in Google Play.
Google Play is the official application store for Android operating system and compatible Android devices are allowed to use it to download applications. According to the last estimates given by Google, there are over 600,000 Android apps in the store.