Srinagar, March 4 -- The Lieutenant Governor of Jammu and Kashmir, Manoj Sinha, unveiled a new start-up policy on Sunday, with a primary objective of establishing 2,000 start-ups in the Union Territory by the year 2027.

Dubbed as the 'New Jammu & Kashmir Start-up Policy- 2024-27', the initiative encompasses various provisions aimed at fostering entrepreneurship.

Sinha highlighted that the policy would offer patent-related assistance and financial mentorship support to recognised start-ups, assistance in Department for Promotion of Industry and Internal Trade (DPIIT) registration, and additional need-based aid to start-ups operating in diverse sectors.

The approval for this new policy came on February 22, when the Jammu and Kashmir...