Telecom Ministry liberalises guidelines for OSPs; no distinction between domestic and international players

Telecom Minister Ravi Shankar Prasad on June 23 announced that guidelines for Other Service Providers (OSPs) have been further liberalised. He added that there would be no distinction between domestic and international OSPs and this has been done to bring in better synergies among businesses.

The new guidelines issued on June 23 are in addition to major measures already announced and implemented in November 2020. The ministry said the guidelines would help the business process outsourcing (BPO) organisations giving voice-based services in India and abroad.

"Today India’s IT-BPM industry stands at $37.6 billion (2019-20) i.e. Rs 2.8 lakh crore approximatly, giving job opportunities to lakhs of youths in the country. Further, it has a potential for double-digit growth reaching up to $55.5 billion i.e. Rs. 3.9 lakh crore by 2025," Prasad said.