<h1>Government launches housing authority-backed startup and student innovation policy with Rs 25 lakh fund and project plans</h1> The state government unveiled a startup and student innovation policy via its housing and urban development authority to promote entrepreneurship and build an innovation ecosystem, allocating a Rs 25 lakh startup fund for one year with up to Rs 5 lakh per eligible proposal. The policy aims to spur economic growth and job creation while advancing sustainable, well-planned development and timely completion of projects. Plans include developing a tourism village in Kangra district, exploring 'spiritual township' projects, advancing IT township initiatives, reviewing an urban decongestion project, pursuing private-partner real estate projects, and creating 46 new posts to strengthen the authority's functioning.