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As of 2021, revenue of Indian BPO industry was estimated at US$ 38 billion. [2] Government of India has launched India BPO Promotion Scheme (IBPS) as part of Digital India initiative to encourage job creation in Tier-2 and Tier-3 cities. [3] [4] India's BPO Industry handles 56% of the world's business process outsourcing.
But on 16 May 1921, the government laid the foundation of the Central Recruitment Board. It was headed by a commissioner secretary on 19 January 1940 when the country was under British rule . After 5 years of the independence , the Public Service Commission was constituted on 18 May 1951 under the provisions of the Constitution of India and ...
Director General STPI has announced to launch 48,000 such seats across the country, with a target employment of 72,450 in the sector. [21] [22] The Government provides financial support of up to ₹1 lakh per seat under two plans—India BPO Promotion Scheme and North East BPO Promotion Scheme. The Scheme is distributed among each State in ...
In September 2012, Infosys BPM acquired US-based Marsh BPO for an undisclosed amount to expand its group life insurance activities. Marsh BPO, based in Des Moines, Iowa, has 87 employees and serves seven insurers and covers more than 600,000 insured lives. Marsh BPO will be absorbed in McCamish Systems. [12] [13]
Mphasis Limited is an Indian multinational information technology service and consulting company based in Bangalore. [4] [5] The company provides infrastructure technology and applications outsourcing services, as well as architecture guidance, application development and integration, and application management services.
Karnataka Administrative Service (KAS) is the civil service of Karnataka state in India. [1] The Public Service Commission conducts exams to recruit candidates for the service. These young officers recruited by KPSC take up various administrative posts at the district and state level.
Government of Arunachal Pradesh (joint venture, Government of India sold its stake to the Government of Arunachal Pradesh) 13: Madhya Pradesh Ashok Hotel Corporation: 2017: Government of Madhya Pradesh (transferred ownership to the Government of Madhya Pradesh) 14: Hotel Janpath: 2018: Bloom Hotel Group: 15: Bharatpur Ashok Hotel Corporation: 2017
Business Process Outsourcing (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of a specific business process to a second-party service provider. Originally, this was associated with manufacturing firms, such as Coca-Cola that outsourced large segments of its supply chain .