New Delhi: The government has eased norms and has facilitated work from home for IT. On 5 November, The Department of Telecom has initiated major reforms and has done ways with OSPs( Other Service Providers)
Now the government has done away with the registration and compliance requirements for the tech industry. The Union Government wants to make India a tech hub and boost ease of doing business in India.
Major reforms initiated by Department of Telecom: no more OSPs
About the move by the government, PM Narendra Modi said that the government is committed to further’ Ease of Doing Businesses ‘ and making India as a tech hub. The prime minister Narendra Modi tweeted, “Gov has significantly simplified Other Service Provider (OSP) guidelines of the Telecom Department. Compliance burdens of BPO industry will be greatly reduced due to this.”
What all requirements have been removed? Let’s see:
Many requirements have now been removed. These are as follows:
1.Deposit of bank guarantees
2.requirements for stairs IPs
3.frequent reporting obligations
4.publication of network diagram
Furthermore, the government has now removed all other requirements that prevent companies to adopt Work from Home and Work from Anywhere policies.
What the union minister for electronics and IT, Ravi Shankar Prasad has to say ?
Ravi Shankar Prasad is the union minister for electronics and IT. He also stated that major reforms have been initiated by the government to liberalize regulatory regimes for OSPs. The new reforms will boost IT, ITeS and BPO industry resulting in a more friendly regime for Work from Home.
The new reforms will provide a strong impetus to the industry if the nation and India will emerge as one of the most competitive IT jurisdictions in the world.