
TheDelhi cabinethas 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 toencourage, 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.