Delhi Cabinet approves start-up policy, forms 20-member task force: Kejriwal
The 20-member task force, having a government officer, academics and business and trade representatives, will decide on registration applications from start-ups
05-05-2022 : Chief Minister Arvind Kejriwal announced on Thursday that the Delhi Cabinet has adopted a start-up strategy that aims to provide financial and procedural assistance to youth in starting businesses, as well as forming a 20-member task force for the purpose.
He also stated that the “Company Blaster” programme, which is already being implemented in Delhi government schools, will be extended to college students so that they can work on their business ideas using government seed money.
“The government will offer start-ups with financial assistance in the form of a collateral-free loan, rent payments, and employee salaries. It would develop a panel of organisations and experts to give free trademark registration and other formalities assistance to new businesses “he stated
The 20-member task team, which includes a government officer, academics, and business and trade representatives, will decide on start-up registration applications, according to Kejriwal, who expressed hope that the strategy will result in a boom in the Delhi start-up sector.
