Gujarat becomes the best-performing state in State Startup Rankings, 2018
Source :NewsBharati   Date :20-Dec-2018




 
New Delhi, December 20: Gujarat in India have been positioned as the best-performing state in the State wise Startup Rankings, 2018 list released by the Department of Industrial Policy & Promotion (DIPP) on basis of the startup policy frameworks today in the national capital. According to the State Startup Ranking Report, Gujarat being rated the best-performing state, Karnataka, Rajasthan, Odisha and Kerala have been notched below as top-performing states.
 

“The states have been graded according to six categories, which are: Beginners, Emerging States, Aspiring Leaders, Leaders, Top Performers and Best Performers. In the windup to the state-wise start up programme, knowledge exchange workshops were held in April and state representatives were taken to Silicon Valley and Israel to see their startup systems.”, said DIPP at the event.

 
The state startup ranking framework measures and compares the efforts and results of the startup initiatives and exercises undertaken by different state governments. The participation in the event constituted top officials from different state governments and departments responsible for growing and managing the startup ecosystems in their respective states.
 
 
The DIPP has now asked the states to rank theircorresponding districts as well. This will help identify the strength and weakness of the startup ecosystem not only across the cities but at the village level as well. So far, the government has recognised over 14.6K startups from across 484 districts of the 29 states and 6 union territories.
 

The Start-up India initiative of the Indian government envisages to build a robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to budding entrepreneurs. India being a federal nation, the States/UTs have a vital role to play in promoting the Startup ecosystem. The core functioning of an enabling ecosystem in a State/UT is a function of the framework and policy put in place along with effective implementation of the same.

 

In order to achieve the vision of building a strong ecosystem in India, it is imperative that collaborative and concerted efforts are undertaken by Centre and States/UTs together for effectively nurturing and supporting Start-ups for their success.