India BPO Promotion Scheme
in Lakshadweep
Last updated:
India BPO Promotion Scheme in Lakshadweep
India BPO Promotion Scheme is a government scheme available to eligible residents of Lakshadweep.
Apply for India BPO Promotion Scheme in Lakshadweep
Scheme Overview
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.
Eligibility Criteria
The applicant must be a company or entrepreneur intending to establish and operate a Business Process Outsourcing (BPO) or Information Technology Enabled Services (ITeS) unit.
The applicant must establish BPO/ITeS operations in eligible locations under the India BPO Promotion Scheme (IBPS).
The applicant must create the approved BPO/ITeS seats.
The applicant must create employment opportunities, particularly for youth, by establishing BPO/ITeS operations.
> Note: Special consideration for Hilly states of HP, J&K and UK.
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Benefits
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
Required Documents
| # | Document |
|---|---|
| 1 | Company Registration Certificate (under the Companies Act, 1956 or 2013 or other applicable registration). |
| 2 | Permanent Account Number (PAN) Of The Company. |
| 3 | Goods And Services Tax Registration Certificate (GST) or other applicable tax registration certificates. |
| 4 | Labour Department Registration Certificate (if applicable). |
| 5 | Service Tax Or Value Added Tax Registration Certificate (if applicable). |
| 6 | Tender Acceptance Letter (as specified in the scheme bid document). |
| 7 | Proof Of Tender Fee And Bid Security / Earnest Money Deposit (EMD) with bank transaction details. |
| 8 | Details Of Seats Applied For In Each State Or Union Territory along with location-wise seat distribution. |
| 9 | Bidder Bank Account Details for financial transactions and fund disbursement. |
| 10 | Contact Details Of The Applicant Company. |
| 11 | Details Of Investment Initiated For BPO/ITeS Operations (if the investment process has already started). |
How to Apply in Lakshadweep
Step 1: The applicant company should visit the official website of Software Technology Parks of India.
Online 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.
Online 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.
Online 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.
Online 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.
Online 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.
Online 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.
Common questions in Lakshadweep
Who can apply for India BPO Promotion Scheme in Lakshadweep?
Eligible residents of Lakshadweep who meet the scheme’s overall criteria can apply for India BPO Promotion Scheme. Refer to the eligibility section above for the complete checklist.
What documents are required for India BPO Promotion Scheme in Lakshadweep?
Applicants in Lakshadweep typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
The scheme aims to promote the establishment of BPO and Information Technology Enabled Services (ITeS) operations in smaller cities and towns, thereby generating employment opportunities and promoting balanced regional growth in the IT/ITeS sector. <br>