The Department of Promotion of Industry and Internal Trade (DPIIT), on Friday (September 11), released the much-awaited State Startup Ranking on the basis of the startup policy framework that was announced last February. Gujarat and Andaman & Nicobar Islands have been named the best performers, while Karnataka and Kerala were named top performers.
Here are the Winners For Ranking Of States 2019
- Best Performer: Gujarat (State), Andaman & Nicobar Islands (Union Territory)
- Top Performers: Karnataka and Kerala
- Leaders: Bihar, Maharashtra, Odisha, Rajasthan, Chandigarh
- Aspiring Leaders: Haryana, Jharkhand, Punjab, Telangana, Uttrakhand
- Emerging Startup Ecosystem: Andra Pradesh, Assam, Chhattisgarh, Delhi, Himachal Pradesh, Madhya Pradesh, Sikkim, Tamil Nadu, Uttar Pradesh
The state-wise startup ranking framework recognises and evaluates measures taken by states and Union Territories to support and build their respective startup ecosystem. DPIIT’s startup ranking framework for 2019 comprises seven pillars and 30 action points to access efforts across different domains.
- Institutional support
- Simplifying regulations
- Easing public procurement
- Incubation support
- Seed funding support
- Venture funding support
- Awareness and outreach related activities
The award was announced by the Narendra Modi-led government aimed to make India one of the largest and vigorous startup ecosystems in the world, PM Modi’s flagship initiative Startup India programme has taken a slew of policy initiatives to build a strong, conducive, growth-oriented environment for Indian startups with an eye to generate lakhs of job opportunities in the country.
This year’s award is different as rules will also consider the state’s size. This crucial addition will focus on efficiency and implementation of startup policies. Gujarat won the ‘best-performing state’ award in 2018, followed by Karnataka, Rajasthan, Odisha and Kerala.
DPIIT also announced that it has registered over 36,000 startups across sectors. Further, it has at least one startup from 586 districts of the 739 districts. DPIIT’s secretary Dr Guruprasad Mohpatra noted that India has at least one registered startup from all 28 states and eight union territories. These startups have created nearly 4 Lakh Jobs.
The post Gujarat, Andaman & Nicobar Islands Named Best Performers In DPIIT’s State Startup Ranking appeared first on Inc42 Media.
Author: Kritti Bhalla
Date : 2020-09-11T10:37:00.000Z