Arvind Kejriwal announces startup policy for Delhi
Tags: Latest State News
The cabinet chaired by Delhi Chief Minister Arvind Kejriwal approved the proposal related to the Delhi Startup Policy-2021 of the Industries Department.
Under this policy, the Delhi government aims to encourage, facilitate and support 15,000 startups by 2030.
A Startup Policy Monitoring Committee will be constituted to oversee this policy, which will be headed by the Finance Minister of Delhi Government.
Through the Startup Policy-2021, the Delhi government will also provide loans and other facilities to the people starting their enterprise without guarantee.
Incentives under Start Up Policy
Reimbursement of up to 50% on lease rentals. This can be up to a maximum of Rs 5 lakh every year.
Reimbursement grants up to one lakh rupees (in India) and three lakh rupees (abroad) for making patents, trademarks, copyrights, industrial designs.
Reimbursement of cost of exhibition stall or rent once in a year up to Rs.5 lakh or up to Rs.5 lakh for 100 percent for women, disadvantaged class or persons with disabilities and 50 per cent for others.
30 thousand per month as monthly allowance for operation or employee for one year.
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