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States’ Start-up Ranking 2018

Topics covered:

  1. Government policies and interventions for development in various sectors and issues arising out of their design and implementation.
  2. Development processes and the development industry the role of NGOs, SHGs, various groups and associations, donors, charities, institutional and other stakeholders.
  3. Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.

 

States’ Start-up Ranking 2018

 

What to study?

  • For Prelims: About States’ Start- up Ranking 2018- key facts.
  • For Mains: Significance of the rankings and challenges ahead, significance of the startups, the need for a supportive ecosystem.

 

Context: The Department of Industrial Policy and Promotion (DIPP) has announced the results of the first ever States’ Start-up Ranking 2018.

 

Background:

DIPP began the exercise to review the Start-up ecosystem of the states from January 2016.

  • The key objective of the exercise was to encourage States and Union Territories to take proactive steps towards strengthening the Start-up ecosystems in their states. The entire exercise was conducted for capacity development and to further the spirit of cooperative federalism.
  • The methodology behind the exercise was aimed at creating a healthy competition environment wherein States were encouraged further to learn, share and adopt good practices.

 

States’ Startup Ranking 2018:

  • Best Performer:
  • Top Performers: Karnataka, Kerala, Odisha, and Rajasthan.
  • Leaders: Andhra Pradesh, Bihar, Chhattisgarh, Madhya Pradesh, and Telangana.
  • Aspiring Leaders: Haryana, Himachal Pradesh, Jharkhand, Uttar Pradesh, and West Bengal.
  • Emerging States: Assam, Delhi, Goa, Jammu & Kashmir, Maharashtra, Punjab, Tamil Nadu, and Uttarakhand.
  • Beginners: Chandigarh, Manipur, Mizoram, Nagaland, Puducherry, Sikkim, and Tripura.
  • Champions: 51 officers from States and Union Territories were identified as “Champions”, who have made significant contributions towards developing their State’s Start-up ecosystem.

 

Sources: the hindu.