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States’ Startup Ranking 2021

  • 05 Jul 2022
  • 3 min read

Why in News?

The results of the 3rd edition of Ranking of States on Support to Startup Ecosystems were released by the Ministry of Commerce and Industry.

What is States’ Startup Ranking?

  • About:
    • The Start-up India initiative of the Government of India envisages to build a robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to budding entrepreneurs.
    • The exercise plays a crucial role in easing the business environment for start-ups in the country.
  • Objectives:
    • Help bring to fore progress made by the States/ UTs for promoting Startup ecosystem.
    • Foster competitiveness & propel the States/ UTs to work proactively.
    • Facilitate States/ UTs to identify, learn and replicate good practices.
  • Classification: States and Union Territories are classified into 5 Categories,
    • Best Performers
    • Top Performers
    • Leaders
    • Aspiring Leaders
    • Emerging Start-up Ecosystems.

How about the Rankings 2021?

  • 7 broad Reform Areas:
    • The participants were evaluated across 7 broad Reform Areas consisting of 26 Action Points ranging from,
      • Institutional Support
      • Fostering Innovation and Entrepreneurship
      • Access to Market
      • Incubation support
      • Funding Support
      • Mentorship Support to Capacity Building of Enablers.
  • Result:
    • 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.

Source: PIB

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