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UID: ST-20240830-IN-04
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Indicator Summary
The India BPO Promotion Scheme (IBPS) is a government initiative launched under the Digital India Programme with the aim of promoting the establishment and expansion of Business Process Outsourcing (BPO) and Information Technology Enabled Services (ITES) operations across India. The scheme was introduced to foster growth in the IT/ITES sector beyond the traditional hubs in metropolitan cities, encouraging the spread of this industry to smaller towns and rural areas. By doing so, the IBPS seeks to catalyze economic development, create employment opportunities, and build capacity in terms of infrastructure and manpower across various states in India. The scheme is designed to distribute the benefits proportionally across states based on their population, ensuring equitable development across the country. This initiative is not just about creating jobs but also about developing local economies and fostering the growth of new entrepreneurs in smaller cities and towns.
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