7 yrs later, UT's startup policy still a non-starter

It has been over seven years since the UT administration began planning a startup policy, but it still continues to be stuck in a bureaucratic maze.

- Hillary Victor

CHANDIGARH:

After keeping it on the back burner, the administration was planning to launch the policy by the end of October 2024. Following a presentation by the UT industries department, the policy had even received approval from UT administrator Gulab Chand Kataria on October 1.

However, the UT finance department raised some queries, stalling its launch. Months later, the finance department has finally approved the policy, which will now be sent to the UT chief secretary to gain the final nod from the UT administrator.

The policy first began taking shape in 2018, two years after Prime Minister Narendra Modi unveiled the Startup India Policy, urging UTs and states to draft their own policies tailored to the needs of regional entrepreneurs. However, due to several flip-flops, the UT missed multiple deadlines for implementing the policy.