India, July 22 -- https://tehelka.com/media/2022/08/Indian-service-Industry-1024x614.jpg
The Delhi government has released an industrial draft policy to make Delhi a business hub and said that Rs 400 crore venture capital fund will be established for Industries.
The government also said that fixed capital of Rs 50 crore will be reimbursed for businesses in the Frontier tech sectors.
"Rs 400 crore venture capital fund will be established for Industries and 50 per cent fixed capital investment (including land) will be reimbursed over a period of five years for businesses in the Frontier tech sectors up to a maximum limit of Rs 50 cr per project," the draft stated.
In addition, there shall be additional 6 per cent interest subsidy per annu...