Addressing on this occasion Chief Minister said that such an education system, would be provided, in the State where new ideas and innovations could be coordinated with industry to provide a new direction to pace of development. He said that the Government will provide liberal assistance to incubator organizations designed to promote growth of start –up units and having physical space, coaching and mentoring facilities. Rs. 30 lakh per incubator per year upto a period of three years will be provided for this purpose.
He said startup units will be exempted from routine inspections alongwith exemption of tax for initial three years. Self attested certificates will be accepted for all official purposes so that the start -up units could sustain and work without formalities and obstacles, in the State. He said that stamp duty had been significantly reduced to three per cent for start- up units along-with allotment of plots, on 50 per cent of rates, as fixed by the industries department.
Industries Minister Mukesh Agnihotri said that Ease of Doing Business was a main issue, on many platforms for establishment of industry. The State has done major progress on this issue and very soon the State will be counted, in the first 10 states of the nation for Ease of Doing Business criterion.
He said on line applications, would be accepted, in the directorate of industries for establishing start up units which will be approved, at the earliest.
Director Industries Rajesh Sharma said that 60 per cent of start- up units were initiated by top most educational institutions, in the world and added that collaboration of educational institutions and industry was necessary for growth of industries. He said IIM , IIT and other important educational institutions are being roped in, so as to promote start up projects in the State.
Principal Secretary Industries R.D. Dhiman, Principal Advisor Rajender Chauhan and other officers were present on this occasion.
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