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. it also aims to encourage, facilitate, and support 15,000 startups by 2030.
The startup policy will focus education and education technology; healthcare and health technology; tourism and hospitality; transportation & logistics; automotive; e-governance for business and citizen connect; artificial intelligence (AI); machine learning (ML); Internet of Things (IoT); Software-as-a-Service (SaaS); fintech; e-waste management; robotics & automation; green technology; bio-pharma & medical Devices; and IT & ITES.