The Ministry of Commerce and Industry has released the 3rd edition of Ranking of States on Support to Startup Ecosystems.
The Department for Promotion of Industry and Internal Trade (DPIIT)under the Ministry of Commerce and Industry has been conducting the States’ Start-up Ranking Exercise since 2018.
The main objective is to facilitate the ease of building a start-up and doing business across the country.
The States and UTs were evaluated across 7 broad Reform Areas consisting of 26 Action Points including;
Institutional Support
Fostering Innovation and Entrepreneurship
Access to Market
Incubation support
Funding Support
Mentorship Support to Capacity Building of Enablers.
For the Ranking; States and Union Territories are classified into 5 categories;
Best Performers
Top Performers
Leaders
Aspiring Leaders
Emerging Start-up Ecosystems.
Gujarat and Karnataka appeared as the Best Performers in the States category.
Meghalaya top among UTs and North-eastern States category.
Kerala, Maharashtra, Orissa and Telangana won the Top Performers award among states category.
Jammu and Kashmir appeared as the Top Performer among UTs and NE states category.
Assam, Punjab, Tamil Nadu, Uttarakhand and Uttar Pradesh have emerged as the winners in the Leaders states category.
Chhattisgarh, Delhi, Madhya Pradesh and Rajasthan were declared Aspiring Leaders among the States.
Andhra Pradesh and Bihar from the States category and Mizoram and Ladakh from the UTs/NE States have topped under the Emerging Start-up Ecosystem.