Narendra Modi government on Thursday announced several relaxations for the IT sector and BPO industry to facilitate "work from home" and "work from anywhere" amid the Covid-19 pandemic. The govt has reduced the compliance burden and several other obligations to create a friendly-regime for "work from home" and "work from anywhere". Modi said that the prowess of India's IT sector is well recognized globally and the reforms will encourage young talent.
"India's IT sector is our pride. The prowess of this sector is recognized worldwide. We are committed to doing everything possible to ensure a conducive environment for growth and innovation in India. Today’s decisions will especially encourage young talent in the sector!" the prime minister said
Union Minister Ravi Shankar Prasad also praised the Modi government for liberalizing the regulatory regime for OSPs, saying the move will help create a friendly work from home regime in India.
OSPs prove IT-enabled services, applications services or other outsourcing services using telecom resources. The term OSP is used to refer BPOs, KPOs, IT-ES and call centers. The FICCI welcomed the Modi government's decision and said that simplified OSP guidelines will help improve IT-sector's efficiency and productivity.
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