Meet to review implementation of India BPO Promotion scheme held

SRINAGAR, APRIL 26: A meeting was held today by Director, Industries and Commerce Kashmir in which Additional Director, Software Technology Parks of India (STPI) J&K, General managers of various DICs and representatives of IT related Industrial Unit Holders were present to discuss launching of and availing benefits under the scheme “India BPO Promotion Scheme” in the state.
Under the scheme, the Ministry of Communications and IT seeks to incentivize establishment of 600 seats in respect of BPO/ITES operations in the state during 2016-17.
IBPS aims at providing financial support within overall cap of Rs. 1 lakh/seat in the form of Viability Gap Funding (VGP) to the eligible and interested companies for creation of employment opportunities via IT. In the meeting, the General Managers of DICs were directed to popularize the scheme among local IT entrepreneurs so that they can avail the benefits, leading to generation of employment opportunities in the state.
Software Technology Parks of India (STPI) EC Rangreth is the Nodal Agency for this scheme in J&K. The Director I&C Kashmir was of the view that this scheme is a golden opportunity for the IT/TES related companies of the state to avail benefit for establishment of BPO/ITES Centres in the State, as a special outlay has been earmarked for the state of J&K, besides relaxation of eligibility criteria. Special incentives shall be provided under the scheme for establishment of units in rural areas, providing employment beyond target, and employment of women and disabled.
During the meeting it was said that the details of the scheme and how to apply for the scheme can be obtained from the office of the Director I&C Kashmir as well as office incharge J&K State Software Technology parks of India (STPI), EC Rangreth.
Bids for availing benefits under the scheme are being invited by the STPI shortly in the month of May 2016 through Request for proposal (RFP).