Delhi Unveils Strategic Vision to Boost Investment and Business

The Delhi government plans to elevate its status as an investment hub through a new industrial policy, a trader welfare board, and a global investor summit, announced by Chief Minister Rekha Gupta. This strategy focuses on enhancing opportunities across IT, tourism, and electronics sectors, while prioritizing 'Ease of Doing Business'.

The Delhi government is poised to transform the city into a leading investment hub, Chief Minister Rekha Gupta announced during the budget presentation. Key initiatives include a global investor summit, an ambitious new industrial policy, and the establishment of a trader welfare board.

Highlighting Delhi's potential for investment, particularly in the IT, banking, tourism, and electronics sectors, Gupta emphasized the government's commitment to fostering an inviting business climate. The introduction of a single-window system aims to streamline operations, aligning with the 'Ease of Doing Business' philosophy.

In alignment with national initiatives like 'Make in India', Gupta announced plans to cultivate an investor-friendly environment. Additional schemes include 'Vivaad se Vishwaas' to support middle-class traders and a Rs 50 crore fund to promote skill development in cottage industries.

(With inputs from agencies.)