New start-up policy for Jammu & Kashmir to be notified by next month: LG

Jammu and Kashmir government would notify a new start-up policy by the next month to provide a roadmap for nurturing innovation, creating jobs and driving economic growth, Lieutenant Governor Manoj Sinha said on Saturday. Addressing the valedictory session of J&K Start-Up Conclave 2023 in Srinagar, the Lt Governor announced that the UT administration has drafted a new Start-Up Policy 2023 for Jammu and Kashmir which will be notified by the next month. The new policy will provide a roadmap for nurturing innovation, creating jobs and driving economic growth. It will ensure market access, suitable infrastructure and all the assistance and help to entrepreneurs in their journey, he added. J&K Start-Up Policy will also facilitate the growth of many cutting-edge sectors for Jammu and Kashmir which are still untapped. For the Seed Funding, one-time assistance up to Rs 20 lakh in four equal installments will be provided to start-ups recognized by J&K Government, the Lt Governor ...

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