Delhi Govt finalises policies to help national capital become industrial hub and knowledge-based economy; approval awaited
The industries department of the Delhi government has also collected feedback from stakeholders and the general public on three policies — Delhi Electronic System Design, Manufacturing and Refurbishment (ESDMR) Policy 2022-27, City Logistics Policy, and Industrial and Economic Development Policy 2023–33. This feedback will also be shared with the cabinet as and when it meets, sources told ToI.
“We are ready with our draft proposal. We will start rolling them out once we get approval from the cabinet and the policies are notified,” said a Delhi govt official.
What is Industrial and Economic Development Policy 2023–33?
The Industrial and Economic Development Policy 2023–33 is aimed at making Delhi a “sustainable industrial hub and an innovative knowledge-based economy” in the next 10 years.
As per the report, the policy includes several innovative provisions that will help turn Delhi into a globally competitive urban economy by leveraging skilled human capital, high-tech industrial development and services sector, promotion of night economy, plug-and-play facilities, start-ups, and new economic activities.
“Govt is committed to building Delhi as a leading business destination worldwide while acknowledging the UT’s inherent strengths and practical challenges. The emphasis remains constant on creating a progressive business culture that prioritises knowledge and innovative technology,” reads the policy.
Developing Delhi for manufacturing industries
A senior Delhi govt official told ToI that the Delhi Electronic
