The Department of Industrial Policy & Promotion (DIPP), released the much-awaited State Startup Rankings on basis of the startup policy framework that it had announced earlier this year.
According to the State Startup Ranking Report, while Gujarat is rated the ‘best-performing state’, Karnataka, Rajasthan, Odisha and Kerala come in a notch below as ‘top-performing states.’
The state startup ranking framework measures and compares the efforts and results of the startup initiatives and exercises undertaken by different state governments. The results, which were announced at an event in New Delhi, today, saw participation from top officials from different state governments and departments responsible for growing and managing the startup ecosystems in their respective states.
At the event, DIPP said that the states have been graded according to six categories, which are: Beginners, Emerging States, Aspiring Leaders, Leaders, Top Performers and Best Performers.
In the beginning of Startup India Action Plan, only 18 states had implemented startup policy. Now that number has grown to 27 states and 3 Union Territories (UT). The agency has said that in total India has 14K startups are spread across 484 districts in 29 states and 7 UTs.