To create jobs on a large scale and encourage entrepreneurship in the city, the Delhi Government has set up an Entrepreneurship Council.
Announcing about it on Friday, Delhi Chief Minister Arvind said, “We had promised in our election manifesto that we would make the national Capital business friendly. Existing procedures have to be simplified, some new policies have to be made in this direction.”
The CM said the council would comprise two kinds of people — business enterprises and angel investors. It is understood that it will look at ways to promote ease of doing business for Small and Medium Enterprises by simplifying existing procedures while also focusing at creating more jobs.
“These businessmen know what problems their fraternity faces while doing business in the national Capital. Similarly, the angel investors deal with start-ups on every day basis and know what is required to do business in a friendly manner. The council will try to submit its report in three months,” he said.
“The mandate of the Entrepreneurship Council will be to advise the Delhi Government on how to create the best environment leading to job creation in all sectors. The council will give recommendations pertaining to creation of most suitable policy framework for all micro-entrepreneurs, Small and Medium Scale Enterprises, New-age start-ups as well as large businesses,” the CM said.
Kejriwal clarified that the council members include businessmen from all sectors not just IT. “We have a furniture trader, an automobile dealer and not just people from IT sector. let the council submit its report in three months and then we will decide our next step,” he said.
Kejriwal added that the Delhi Government would seek all necessary help from the Central Government in this direction.
The patron of the eight-member council is Delhi Industry Minister Satyendra Jain, while the chairman will be naukri.com founder Sanjeev Bikhchandani. Bikhchandani said the council would not only focus on IT-based start-ups.
“The idea behind this council is to nurture small business enterprises. It can be anyone, be it a street vendor or a shopkeeper. Our approach is about inclusive entrepreneurship. It is not just about technology start-ups by IITs or IIMs. These are also very important but our aim is to promote bottom-of-the-pyramid entrepreneurship,” Bikhchandani said.