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The Delhi cabinet has approved the "__________" with an aim to create an ecosystem for people to launch startups.
A)
Delhi Startup Policy
B)
Delhi Education Policy
C)
Delhi Health Insurance Policy
D)
Delhi Construction Portal

Correct Answer : Option (A) - Delhi Startup Policy


The Delhi cabinet has approved the “Delhi Startup Policy” with an aim to create an ecosystem for people to launch startups and provide them with fiscal and non-fiscal incentives, collateral-free loans, and free consultancy from experts, lawyers, and CA. The 20 members task force will be set up to oversee the startup policy. This committee will be headed by Delhi’s Finance Minister. To encourage, facilitate, and support 15,000 startups by 2030.
 
The Delhi Government will pay up to 50% of the rent of a startup’s office lease or pitch in for a portion of the salaries that these startups will pay to their employees. We will also reimburse them for the costs incurred on applying for patents, copyrights and trademarks.

Published On : May 9, 2022
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