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The government announced liberalisation of guidelines for&nbsp;BPOs, a&nbsp;move would position India as a strong global destination for voice BPOs. The new rules&nbsp;would allow companies, say an airlines with a voice based centre in India, to now serve global and domestic customers with common telecom resources, something that required dedicated, separate infrastructure previously.The restrictions on data interconnectivity between any BPO centre of same company, a group company or any unrelated company has been done away with, opening up prospects and allowing better resource management for BPOs.
The norms have also been substantially eased for remote call centre agents in any location, to connect with customers using any technology including broadband over wirelines and wireless.
&ldquo;In order to encourage our BPO industry, OSP guidelines that were liberalised in November 2020 have been simplified even further, offering greater ease of business and regulatory clarity," Prime Minister Modi tweeted.&ldquo;This will further reduce compliance burden and help our tech industry," he said.The guideline is revolutionary in nature that'll make India a very favourable destination for expansion of voice-related BPO centres, stated Minister for Communications RS Prasad

BPO norms eased as the govt renews push towards global outsourcing hub

The government announced liberalisation of guidelines for&nbsp;BPOs, a&nbsp;move would position India as a strong global destination for voice call outsourcing. Tag Ravi Shankar&nbsp;Prasad, Nasscom&nbsp;Communications Ministry&nbsp;

The government announced liberalisation of guidelines for&nbsp;BPOs, a&nbsp;move would position India as a strong global destination for voice BPOs. The new rules&nbsp;would allow companies, say an airlines with a voice based centre in India, to now serve global and domestic customers with common telecom resources, something that required dedicated, separate infrastructure previously. The restrictions on data interconnectivity between any BPO centre of same company, a group company or any unrelated company has been done away with, opening up prospects and allowing better resource management for BPOs.
The norms have also been substantially eased for remote call centre agents in any location, to connect with customers using any technology including broadband over wirelines and wireless.
&ldquo;In order to encourage our BPO industry, OSP guidelines that were liberalised in November 2020 have been simplified even further, offering greater ease of business and regulatory clarity," Prime Minister Modi tweeted.&ldquo;This will further reduce compliance burden and help our tech industry," he said. The guideline is revolutionary in nature that'll make India a very favourable destination for expansion of voice-related BPO centres, stated Minister for Communications RS Prasad

PM's Aatmanirbhar Bharat' push gets IMF thumbs up

Prime Minister Narendra Modi's call for an "Aatmanirbhar Bharat" is an important initiative, the International Monetary Fund has said

Prime Minister Narendra Modi's call for an "Aatmanirbhar Bharat" is an important initiative, the International Monetary Fund said on Thursday. Welcoming the economic package under the self-reliant India initiative in the aftermath of the coronavirus pandemic, the IMF said that it has supported the Indian economy and mitigated significant downside risks. "To achieve the stated 'Make For The World' goal in India, the priority is to remain focussed on policies that can help further integrate India in the global value chain, it said.

Washington, PTI: Prime Minister Narendra Modi's call for an "Aatmanirbhar Bharat" (self-reliant India) is an important initiative, the International Monetary Fund (IMF) said on Thursday.
"The economic package under this self-reliant India initiative, which was announced in the aftermath of the coronavirus shock, has supported the Indian economy and mitigated significant downside risks, so we do see that initiative as having been important," Gerry Rice, Director, Communications Department, IMF, told reporters at his fortnightly news conference here.
Looking ahead, as the prime minister has said, for India to play a more important part in the global economy, pursuing policies that stimulate by improving the efficiency and competitiveness of the economy is critical, he said, responding to a question on Modi's call for an "Aatmanirbhar Bharat".
"To achieve the stated 'Make For The World' goal in India, the priority is to remain focussed on policies that can help further integrate India in the global value chain, including through trade, investment and technology," Rice said.
Responding to another question, he said the IMF's joint study with the NITI Aayog and the Ministry of Finance shows that to achieve a high performance in health-related sustainable development goals, India would need to gradually increase its total spending in the healthcare sector from the current 3.7 per cent of the GDP.
"More generally, beyond the health sector, comprehensive structural reforms are needed to achieve more inclusive and sustainable medium-term growth.
"We have talked about those reforms before -- infrastructure, land reforms, product market and labour market reforms, increasing female labour force participation, access to finance and better jobs," Rice said.

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