DSIIDC organizes a seminar on Making Delhi Entrepreneurs Paradise

DSIIDC organizes a seminar on Making Delhi Entrepreneurs Paradise


New Delhi, 20th November 2023: In line with the theme of IITF-2023 ‘Vasudhaiva Kutumbakam-United by Trade’, DSIIDC had organized a seminar on ‘Making Delhi Entrepreneurs Paradise’ at Conference Hall No. 8, Pragati Maidan, New Delhi. The seminar was chaired by Shri Saurabh Bhardwaj, Hon’ble Minister of Industries, Govt. of NCT of Delhi.

Shri Saurabh Bharadwaj, Hon’ble Minister of Industries, Govt of NCT of Delhi highlighted about Start-up policy initiative of Delhi Govt which will incentivize start-up ventures in Delhi. The policy has been approved by the Cabinet and will be notified shortly. Hon’ble Minister also highlighted about steps being taken by Delhi Govt. for transforming non-confirming industrial areas to confirming industrial areas. He informed about Delhi Govt initiative of integrating Entrepreneur curriculum in schools to develop entrepreneur mindset at primary level of education. He also emphasized that Delhi Govt is focused on building Entrepreneur Ecosystem by simplifying the compliances through the Ease of Doing Business policy. The Hon’ble Minister Industries also informed that the Delhi government is quite motivated to encourage promoting the MSME.

Shri Sanjeev Mittal, Managing Director, DSIIDC, in his welcome address informed that 34 services from nine Stakeholder Departments of GNCTD have been onboarded on the single window system in the Phase-I of the development plan. In the Phase-II development of Single Window System, 18 services from 07 stakeholder departments will be onboarded in the coming year.

Shri Prakash Mirani, Joint Secretary & Additional CEO, GeM spoke about the importance of GeM portal in finding the marketing opportunities by the young entrepreneurs. He informed that more than 50% of orders in GeM have been going to micro and small sellers. There are provisions for raising concerns over biased bids, seeking reasons for rejection of bids and the advantages of end-to-end digital process in GeM reducing time gaps in acceptance of orders and release of payments to the sellers failing which interest is levied from 11th day of acceptance of orders. There is a robust grievance redressal mechanism and penal provisions. Prof. (Dr.) Ashok Kumar Nagawat, Vice Chancellor, DSEU mentioned that the Delhi Skill and Entrepreneurship University (DSEU) has been instrumental in the last few years in developing programs for budding entrepreneurs. He further informed that the university is focused on convergence of technology and problem-solving techniques for entrepreneurs. He also informed about various programs being launched by DSEU such as Super 30, a program for retired/ senior citizens etc.

Prof. S.M. Rounaque Mustafa, Associate Professor, of Innovation and Entrepreneurship, Delhi Technical University, stressed on the democratization of Start-Up Investment to encourage entrepreneurs for looking up of alternate investments. He emphasized that the sustainability of Incubation is a challenge and therefore, he suggested that more and more livelihood incubation centers to be created.

Shri R K Bharati, Joint Director, MSME; Shri Ram Meena, GM (SIDBI), Shri Pankaj Vajpayee, Dean, Corporate Relations and Entrepreneurship, IIIT, Delhi; Shri Ankit Singhal, CEO Mappes.io and other eminent speakers also shared their views. The seminar emphasised on role of a vibrant start-up ecosystem, the importance of credit guarantees, and opportunities and the importance of export enhancement to contribute for making Delhi an entrepreneur’s paradise. The eminent speakers shared their valuable experiences in line with making Delhi an entrepreneurs’ paradise and talked about new opportunities that can be exploited by the entrepreneurs of Delhi. The sharing of valuable experiences will definitely benefit the entrepreneurs.

Shri Saurabh Goyal, Dy. DGFT informed that DGFT is paying attention to emerging areas like E-Commerce and the policies are attuned to the needs of entrepreneurs venturing into this dynamic space. By tailoring district-specific plans for all 11 districts of Delhi, policy interventions are finely tuned to the unique needs and opportunities that each district presents.

Dr. Monica Priyadarshini, IAS, Executive Director, DSIIDC, in her closing address, informed that suggestions given by the eminent speakers and the vision given by Hon’ble Minister will guide us in developing infrastructure, easy access to capital, capacity building, skill development, reward and incentive schemes, developing districts as export hubs, etc. and these points will be ensured during drafting of the policies in the direction of making Delhi an Entrepreneurs’ Paradise.

Prior to the Seminar, DSIIDC has also organized a workshop on ‘Enterprise Development’ at 10:30 AM in Hall No. 8, Pragati Maidan to aware and encourage micro-entrepreneurs, artisans, craftspeople, SHG members, PMFME beneficiaries etc. on setting up and running enterprises successfully. The workshop was attended by more than 150 women entrepreneurs. During the workshop, Professor of DSEU, Ms. Meenakshi, Professor, DESU and Shri Sheel Kant, Mission Manager, NULM informed about the compliances and challenges faced by entrepreneurs and the ways to deal with those situations for initiating a business enterprise and to become a successful entrepreneur. While addressing the women entrepreneurs, Shri Shobhit Gupta, Chief Manager, DSIIDC informed about the initiatives being taken by Delhi government like Developing a Single Window System as a part of Ease of Doing Business, decriminalization of redundant laws, developing districts as export hubs for developing enterprises and entrepreneurship.