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- PM Modi said- This will encourage the youth to come in this sector.
The government has made ‘Work from Home’ and ‘Work from Anywhere’ facilities permanently easier for the technology industry. The government announced simplification of guidelines for companies offering business process outsourcing (BPO) and IT based services (IT) that would allow employees to work permanently from home. On this decision of the Department of Telecommunications on Thursday, Prime Minister Narendra Modi said that this will encourage the youth to come in this sector.
New rules will create favorable environment
The new rule will create a conducive environment for companies to work from home and work from anywhere. Periodic reporting and other commitments for companies have been eliminated. An official release said that it aims to strengthen the industry.
According to Communications Minister Ravi Shankar Prasad, the Department of Telecommunications has made a major reform to encourage the IT industry. This will give more impetus to the IT and BPO industry. Under the new change, other service providers will no longer need to register. Bank guarantee has also been abolished. It will no longer be obliged to keep a stable IP and send reports to the government from time to time.
Burden will be reduced
PM Modi said in his tweet that he is committed to furthering the ‘Ease of Doing Business’ and making India a technology hub. He said, ‘GoI has greatly simplified the other service provider (OSP) guidelines of the Department of Telecommunications. The compliance burden of the BPO industry will be greatly reduced due to this. This will remove many other requirements. These steps will increase flexibility and productivity.