Govt launches incubation policy to promote entrepreneurship

Seeking to promote entrepreneurship among the youths in the city, Delhi Deputy Chief Minister Manish Sisodia on Monday launched an incubation policy and distributed seed money of Rs 1.5 crore each to six higher educational institutions under the scheme.

The institutes are — Ambedkar University, Delhi Technical University, Indira Gandhi Delhi Technical University for Women, Institute of Information Technology, Netaji Subhash Institute of Technology and Shaheed Sukhdev College of Business Studies (DU), according to the Delhi government.

Addressing a gathering at the Delhi Secretariat, Sisodia said incubation and start-up is a buzz word but policies can’t be implemented around buzz words.

“There has to be a concrete plan for that. 

“There has to be a concrete implementation policy for that. Of course, for that you need money also. Now, if you have a good idea, a good plan and need money, we will give it to you,” Sisodia said.

“We don’t have any lack of talent, our people are running the world’s largest companies, but they don’t own them. Why? We have to take our children in a direction where they don’t dream of getting jobs but giving jobs. The incubation policy is a major step in that direction.” 

Delhi government has also directed all schools in the national Capital to display their report card of size 3.5 X 2.5 feet at a “prominent” place in the building.

“It is mandatory for all schools to display school report card (3.5 X 2.5 feet in size) each year at a prominent place in the school building and principals or heads of schools should also share the same with community members,” Directorate of Education (DoE) said in a communication to schools. 

“The report card of each school is available in public domain on an HRD portal www.schoolreportcards.in and schools can download it using the Unified District Information System for Education (UDISE) code allotted to it,” the circular said.

According to DoE, the move will help those interested in knowing about the standards and quality of a particular institution.

All District Project Officers (DPOs) have also been directed to ensure compliance of the directive.