{"id":123015,"date":"2022-07-28T21:15:05","date_gmt":"2022-07-28T15:45:05","guid":{"rendered":"https:\/\/www.mapsofindia.com\/my-india\/?p=123015"},"modified":"2022-07-28T12:31:44","modified_gmt":"2022-07-28T07:01:44","slug":"delhi-startup-policy-idea-vision-key-areas-and-other-details","status":"publish","type":"post","link":"https:\/\/www.mapsofindia.com\/my-india\/government\/delhi-startup-policy-idea-vision-key-areas-and-other-details","title":{"rendered":"Delhi Startup Policy: Idea, Vision, Key Areas and other details"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Delhi is set to become a startup hub with the newly announced &#8216;Delhi Startup Policy&#8217; by Chief Minister Arvind Kejriwal. As India&#8217;s capital, starting a business in Delhi can be a good idea as it provides advantages in terms of infrastructure and the importance of this place.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to the Economic Survey of 2021-22, more than 5000 startups were recognized in Delhi from April 2019 to December 2021. This figure was 4514 in Bengaluru. This made Delhi the startup capital of India, leaving behind Bengaluru.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With the Delhi Startup Policy, all those individuals planning to have their startup will get assistance both financially and non-financially. It will help the government generate two million employment opportunities by 2027 per Delhi Budget 2022-23.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Let&#8217;s know in detail about Delhi Startup Policy:<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Delhi Startup Policy, as its name suggests, is an initiative by the Delhi government to facilitate startups in the capital. Through this, it wants to create entrepreneurs and business leaders among the youth of Delhi.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It has been framed with a vision of making Delhi a<\/span><strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">Global Innovation Hub and the most preferred location for startups by 2030. This will be done by creating an ecosystem for an innovation-based economy and fostering entrepreneurial spirit through a robust support mechanism. Therefore, the government aims to facilitate and support 15000 startups by 2030.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Under this policy, entrepreneurship will be taught in schools from classes 9 to 12 and in colleges under the Business Blaster Program. Those college students who wish to start their own business will also be allowed to take one to two years&#8217; leave to work on their business idea.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">How will the Delhi Startup Policy be implemented?<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">A Monitoring Committee will be set up to implement and govern this policy. It will have 85% members from the private sector, 10% from educational institutions, and 5% from the government. It will be headed by the Finance Minister of Delhi and oversee the Delhi Startup Policy.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A panel containing lawyers, Chartered Accountants, and trade representatives will be formed to assist the budding entrepreneurs. They will not charge any fee from the beneficiaries. The Delhi government will incur all the costs.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">To smooth the process of startup registration, a task force consisting of 20 members will also be set up.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">What are the focus areas under Delhi Startup Policy?<\/span><\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Artificial Intelligence and Robotics<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Automation and Technical Innovation<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Cyber Security<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Big data education<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Solid Waste management<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Urban infrastructure planning and environment<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Renewable energy and clean technology<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Industrial revolution 4.0 technologies<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Creative ideas in the fields of agriculture, e-commerce, healthcare, logistics and transportation, rural innovation, and e-governance<\/span><\/li>\n<\/ul>\n<p><strong><span data-preserver-spaces=\"true\">What are the benefits of the Delhi Startup Policy?<\/span><\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Startups will get collateral-free loans that will charge no interest for a year.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Free assistance in developing business ideas by an expert panel containing Chartered Accountants, Lawyers, and Trade representatives<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">50% rent of a startup office lease or a portion of salaries to be paid to the startup employees by the State Government<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Reimbursement of costs incurred on patents, copyrights, and trademarks<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Relaxation in the government procurements process<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Access to Government data for e-governance pilot projects<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Fundraising events<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Delhi is set to become a startup hub with the newly announced &#8216;Delhi Startup Policy&#8217; by Chief Minister Arvind Kejriwal. As India&#8217;s capital, starting a business in Delhi can be a good idea as it provides advantages in terms of infrastructure and the importance of this place. According to the Economic Survey of 2021-22, more [&hellip;]<\/p>\n","protected":false},"author":21831,"featured_media":123313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,9158,4,11315,12360,12368,12325],"tags":[],"class_list":{"0":"post-123015","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-employment","9":"category-government","10":"category-india","11":"category-policy","12":"category-start-up","13":"category-students"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/123015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/users\/21831"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/comments?post=123015"}],"version-history":[{"count":3,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/123015\/revisions"}],"predecessor-version":[{"id":123294,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/123015\/revisions\/123294"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media\/123313"}],"wp:attachment":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media?parent=123015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/categories?post=123015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/tags?post=123015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}