Ranking of States on Support to Startup Ecosystems: DPIIT

Ranking of States on Support to Startup Ecosystems: DPIIT

Part of: GS Prelims and GS-III – Start-ups; Entrepreneurship

In news

• The Results of the 2nd edition of Ranking of States on Support to Startup Ecosystems were released recently. 
• Ministry: Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry.
• DPIIT has recently released the Ease of Doing Business Rankings of the States-2019 based on the State Business Reform Action Plan.

Key takeaways 

• Objective: To foster competitiveness, mutual learning and propel States and Union Territories (UTs) to work proactively towards uplifting the startup ecosystem.
• Framework: The 2019 Ranking Framework has seven broad reform areas consisting of 30 action points – institutional support, easing compliances, relaxation in public procurement norms, incubation support, seed funding support, venture funding support, and awareness and outreach.
• Participation: 22 States and 3 Union Territories.
• 2 Categories of States and UTs: (1) Category Y: All UTs except Delhi and all States in North East India except Assam; (2) Category X: All other States and UT of Delhi.
• Best Performers: (1) Gujarat; (2) Karnataka; (3) Kerala. 
• Lowest performance: (1) Uttar Pradesh and Tamil Nadu. 
• Best performer in Category Y: Andaman & Nicobar Islands 
• Worst performer in Category Y: Sikkim