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Haryana Cabinet approves startup and data centre policies

Haryana government has given its approval to a new start-up policy that aims at boosting and nurturing the vibrant ecosystem in the state and helping the entrepreneurs at different stages.

  • The new aims to boost and nurture the vibrant startup ecosystem in the state and help entrepreneurs at different stages.
  • The cabinet has also approved a data center policy with a view to make Haryana a preferred destination for setting up such facilities and help the state emerge as the global data centre hub.
  • Under the start-up policy, a business entity recognized as startup by the DPIIT up to a period of 10 years from the date of its incorporation/ registration and with an annual turnover not exceeding Rs. 100 crores and being based in Haryana will be eligible to avail fiscal and non-fiscal benefits.
  • At present, 3,910 Haryana-based startups have been recognized by the Department for Promotion of Industry and Internal Trade.

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