India BPO Promotion Scheme
Ministry: Ministry of Electronics and Information Technology
The scheme aims to create employment opportunities and promote investment in the IT/ITeS sector by establishing BPO/ITeS units in smaller cities. Through this scheme, financial support in the form of Viability Gap Funding is provided to eligible companies.
About This Scheme
Benefits
₹1.0 L
- Financial support of up to 50% of expenditure [Capital Expenditure (CAPEX) and/or Operational Expenditure (OPEX)] incurred on permissible items, with an upper ceiling of ₹1 lakh per BPO/ITeS seat.
- Special incentives (Additional within the upper cap of ₹1 Lakh/Seat)
- 5% incentive for employing 50% Women
- 2% incentive for employing 4% differently abled persons
- Up to 10% incentive for generating employment beyond the target
- 5% incentive for local entrepreneurs
- 5% incentive for setting up BPO at a location other than the State capital (only for IBPS)
- Training incentive for regular employees
Eligibility
- •
- •
- •
- •
- •
Required Documents
- ✦Company Registration Certificate (under the Companies Act, 1956 or 2013 or other applicable registration).
- ✦Permanent Account Number (PAN) Of The Company.
- ✦Goods And Services Tax Registration Certificate (GST) or other applicable tax registration certificates.
- ✦Labour Department Registration Certificate (if applicable).
- ✦Service Tax Or Value Added Tax Registration Certificate (if applicable).
- ✦Tender Acceptance Letter (as specified in the scheme bid document).
- ✦Proof Of Tender Fee And Bid Security / Earnest Money Deposit (EMD) with bank transaction details.
- ✦Details Of Seats Applied For In Each State Or Union Territory along with location-wise seat distribution.
- ✦Bidder Bank Account Details for financial transactions and fund disbursement.
- ✦Contact Details Of The Applicant Company.
- ✦Details Of Investment Initiated For BPO/ITeS Operations (if the investment process has already started).
✦ Required ◦ Optional
How to Apply
Step 1: The applicant company should visit the official website of Software Technology Parks of India.
Step 2: The applicant should review the details, guidelines, and instructions related to the India BPO Promotion Scheme (IBPS) available on the portal.
Step 3: The applicant should submit a proposal or bid through the portal for establishing Business Process Outsourcing (BPO) or Information Technology Enabled Services (ITeS) seats under the scheme.
Step 4: The applicant should provide the required information and upload the supporting documents as specified in the scheme guidelines. The submitted proposal is evaluated by the competent authority under the scheme.
Step 5: After approval, the applicant company may establish the BPO/ITeS unit as per the approved proposal.
Step 6: The applicant may submit performance reports and claims for financial assistance through the portal to receive Viability Gap Funding (VGF) under the scheme.
Quick Info
- Level
- Central Government
- Max benefit
- ₹1.0 L
