State will become Atmanirbhar with MP Start-up Policy: Saklecha

 

 

 

Atmanirbhar Bharat and Atmanirbhar Madhya Pradesh with a view to fulfill its objectives MP Start-up Policy and implementation plan 2022 has been implemented in Madhya Pradesh. Prime Minister Narendra Modi will do a virtual launch of this policy on 13 May. The main function will be held in Indore.

Minister for Micro Small Medium Enterprise Omprakash Saklecha told that Madhya Pradesh will become self-dependent with MP Start-up. The dynamism of innovation and start-ups taking place in the global economics environment. According to the thinking of Chief Minister Shivraj Singh Chouhan the new Start-up Policy has been made holistic and effective. He said that in terms of area the Madhya Pradesh is the second largest state in the country. And is also in the category of leading states in economic development.

The investment-friendly policies of the industry and the process of simplification in the business sector special efforts in economic and social infrastructure have led to a significant increase in the investment climate in the state.

Minister Saklecha told that it has been the endeavour of the State Government to create more employment for the local youth of the State through innovation and entrepreneurship. Many start-up policies have been applied in this series. In the new policy the State Government has made special efforts to inculcate the spirit of innovation and start-up among the students from the college level to the school-level. For comprehensive implementation of the policy and for effective adoption of various provisions of the Governance many arrangements have been made. Saklecha told that by not keeping the policy limited to financial assistance only the objectives is to provide institutional ease of doing business infrastructure, states procurement policy, marketing and other incentive support to start-ups. The special aspect of the police is to incorporates special financial and non financial facilities to encourage the product based start-up. Through positive intervention and other catalytic programs the development of the start-up ecosystem is included in the policy. In addition to achieving hundred percent growth rate in start-up India registered and recognised start-ups in the Government of India, achieving 200 per cent growth rate in Start-up India in the agriculture and food sector is prominent. Similarly, the policy aims to increase the number of product based start-ups. Minister Saklecha said that the objective of the policy is to give higher place to the state in the start-up Ranking of the Government of India. He said that the policy focuses on following five pillars to achieve the objectives. Institutional support including ease of doing business, promotion of product based start-ups, promotion of innovation and entrepreneurship, marketing support and providing financial and non financial support are prominent in the policy.