Punjab ranks third in job generation under BPO scheme

Under the India BPO Promotion Scheme (IBPS), Punjab has achieved third rank in number of employment generation with a majority of companies operating from Mohali. Southern states Andhra Pradesh and Tamil Nadu are ahead of Punjab.

Under the scheme, the government provides financial support up to Rs 1 lakh per seat as Viability Gap Funding (VGF) for setting up BPO/ITES operation in non-metro locations.