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The Hindu·2 min read·medium

Delhi cabinet approves ₹400-crore start-up policy

T
The Hindu Bureau
Delhi cabinet approves ₹400-crore start-up policy
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The Delhi Cabinet has approved a ₹400-crore start-up policy to be implemented over five years to foster innovation and entrepreneurship. The initiative includes seed funding and incubation support for students and researchers across various state-run educational institutions.

Why it matters

This policy represents a significant state-level investment aimed at transitioning youth from job seekers to job creators within the innovation economy.

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The Cabinet has approved the Delhi Start-up and Incubation Policy, with an allocation of ₹400 crore over the next five years, to promote innovation and self-employment, the Chief Minister’s Office (CMO) stated on Thursday.

Last year, the government released the draft Delhi Startup Policy, 2025, aimed at making the Capital a global innovation hub and facilitating at least 5,000 start-ups by 2035.

The policy will cover 11 State universities, 13 government-funded colleges, polytechnic institutes and Industrial Training Institutes. Students of government schools will also be eligible for its benefits through these institutions. Those whose ideas are selected will receive financial assistance, according to the CMO.

Under the policy, the government will establish incubation centres in association with these institutions and provide seed funding to start-ups, an official said.

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