Govt Committed to Giving Stronger Financial and Technical Support to Startups: CM
CM Interacts with Entrepreneurs at Pre-Budget Meeting in Manesar
Punjab Newsline, Chandigarh —
Haryana CM Nayab Singh Saini, while interacting with startup founders and entrepreneurs during a pre-budget consultation programme held today in Manesar, said that young innovators and startups are giving a new direction to Haryana’s economy.
The Chief Minister said ‘National Startup Day’ was celebrated on January 16, and today’s pre-budget consultation is a continuation of that celebration. Referring to the vision of PM Narendra Modi, he said, “Startup India is not merely a government scheme, but a ‘Rainbow Vision’ that connects different sectors with new possibilities.”
He said a startup is an idea that needs to be given a concrete shape. It is a small seed which, with the right support, can grow into a huge tree. The Chief Minister said with the resolve to make the country developed by the year 2047, the government is continuously working at a fast pace. He said that major and historic changes are being witnessed in the country today. Whether it is road and transport infrastructure or other developmental projects, India is moving ahead at an unprecedented speed. Under the leadership of Prime Minister Sh. Narendra Modi, the country has taken a new direction of development, and progress is clearly visible in every sector.
Emphasis on Funding and Technical Support
Welcoming the suggestions given by startup founders, the Chief Minister said that ideas received on issues such as ‘ease of doing business’, ‘funding’, and ‘technical support’ have been noted. He said, “No matter how small an idea may be, if it has the strength and vision, it does not take long to change the world.”
The Chief Minister informed that over the past 10 years, the number of startups in the country has increased from 500 to more than 2 lakh. Haryana has played a leading role in this growth, especially Gurugram and Manesar. Haryana now has more than 9,500 startups and ranks seventh in the country in this regard. Additionally, 19 unicorns have emerged from Haryana.
Haryana AI Mission to be established
Sharing details of key steps taken in the Budget 2025–26, the Chief Minister said that the future belongs to Artificial Intelligence (AI). With this vision, the Haryana Government has proposed the establishment of the ‘Haryana AI Mission’, for which an assurance of assistance of Rs. 474 crore has been received from the World Bank. Under this mission, one AI hub each will be set up in Gurugram and Panchkula, where 50,000 youth will be trained in new technologies.
He said to promote research in colleges and universities, the ‘Haryana State Research Fund’ has been established with an initial corpus of Rs. 20 crore. Along with this, a ‘Fund of Funds’ of Rs. 2,000 crore has also been created.
The Chief Minister said that to encourage startups, financial assistance of Rs. 10 lakh per startup is being provided through HSIIDC, and the ‘Mukhyamantri Kaushal Samman Yojana’ has been launched. The ‘Haryana State Startup Policy–2022’ is in force in the state, and recently, financial assistance of Rs. 1.14 crore has been provided to 22 startups.
He said that the startup culture will no longer remain limited to big cities. From the academic session 2025–26, ‘entrepreneurship competitions’ will be organized in every district, in which selected teams will be given financial assistance of Rs. 1 lakh by the government to convert their ideas into business models.
Considering Manesar as an industrial hub, the Chief Minister said that ‘incubation centres’ will be established in all industrial estates of HSIIDC so that startups can be provided workspaces at affordable rates. For this purpose, land has already been identified by HSIIDC in three IMT areas.