The States’ start-up ranking 2021

  • July 5, 2022
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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The States’ start-up ranking 2021

Subject: Economy

Section: Economy

Context:

The results of the third edition of Ranking of States on Support to Startup Ecosystems were released by the Minister of Commerce and Industry, Shri Piyush Goyal in New Delhi.

Details:

  • It ranked States and Union Territories into 5 Categories:
    •  Best Performers,
    • Top Performers,
    • Leaders,
    • Aspiring Leaders and
    • Emerging Start-up Ecosystems.
  • The participants are 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
    • Capacity Building of Enablers
  • Ranks:
    • Best Performer-
      • Gujarat and Karnataka as the best performers, with a 100 percentile score in category A of States and union territories with a population of more than one crore (Census 2011).
      • Meghalaya topped in category B, in the segment with a population of less than one crore (except Delhi).
    • Top Performer-
      • Kerala, Maharashtra, Odisha, and Telangana were ranked as top performers in category A with a score of 60-69 percentile.
      • Jammu &Kashmir was the top performer in category B.
    • Leader–
      • Assam, Punjab, Tamil Nadu, Uttar Pradesh, and Uttarakhand in category A with a score of 30–59 percentile, and
      • Arunachal Pradesh, Andaman & Nicobar Islands, and Goa in category B.
    • Aspiring Leader–
      • Delhi fared poorly, being clubbed in the aspiring leader category with Chhattisgarh, Madhya Pradesh and Rajasthan with a score of 11-29 percentile in category A.
      • Chandigarh, Dadar & Nagar Haveli and Daman, and Diu, Himachal Pradesh, Manipur, Nagaland, Puducherry, and Tripura were ranked as aspiring leaders in category B.
    • Emerging Startup Ecosystems-
      • Andhra Pradesh and Bihar, with a score of up to 10 percentile placed in category A
      • Ladakh and Mizoram were ranked the same in the category B.

About the States’ startup ranking:

  • The Department for Promotion of Industry and Internal Trade has been conducting the States’ Start-up Ranking Exercise since 2018to  facilitate the ease of building a start-up and doing business across the country.
  • The State Start-up Ranking Exercise aims to support states and union territories in developing their start-up ecosystem and learn from the best practices in each state and union territory.
economy The States’ start-up ranking 2021