Mukhyamantri Jal Swavlamban Abhiyan from 13 December 2015

State Cabinet in its meeting on Tuesday gave approval to Rajasthan Startup Policy – 2015 and New Policies for MSMEs and Bio-Technology. Decision was taken to start ‘Mukhyamantri Jal Swavlamban Abhiyan’ from 13 December, 2015. The Cabinet Meeting was presided over by Chief Minister Smt. Vasundhara Raje. Talking to media persons after the meeting Social Justic & Empowerment Minister Shri Arun Chaturvedi informed that the new Rajasthan Startup Policy- 2015 has been prepared to promote students and institutional incubation centres having innovative ideas. Target has been set to establish 50 incubator organizations in next five years, to incubate 500 new startups, raising fund of Rs. 500 crore through angel and venture capital and development of one lakh square feet incubation space and to develop innovation based culture in the state.
Shri Chaturvedi informed that the new policy for Micro, Small & Medium Enterprises-2015 has many provision including facilitation centres to establish new industries, MSME clusters, Khadi, handloom and handicraft development, cheaper loan, assistance for startups to new entrepreneurs, to provide marketing to products, quality improvement and for rehabilitation of sick industries. The cabinet also cleared Rajasthan Sick Micro & Small Enterprises (Revival and Rehabilitation) Scheme, 2015. The new scheme has been brought for those sick Micro & Small Industries which have been given revival package. Provision has been made for various concessions for public and enterprises.