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Startup Ranking 2022

18.01.2024

Startup Ranking 2022 , Dailyt Current Affairs , RACE IAS : Best IAS Coaching in Lucknow 

 

For Prelims: About Startup Ranking 2022,Key Point

 

 

   Why in the news?

    Tamil Nadu was recognized as the ‘Best Performer,’ the top category in the States’ Startup Ranking 2022, released recently.

 

Key Point

  • It was the 4th edition of Startup India Ranking carried out by the Department for Promotion of Industry and Internal Trade.

 

About Startup Ranking 2022:-

  • The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry has been conducting the States’ Start-up Ranking Exercise since 2018.
  • Objective: to evaluate all of India’s States and Union Territories (UT) on their efforts to build an ecosystem conducive to startup growth.
  • The States’ Startup Ranking is a periodic capacity building exercise.
  • States’ Startup Ranking was launched in February 2018.
  • It aims to evaluate the Indian startup landscape through the eyes of state / UT policy intervention and identify practices that accelerate ecosystem growth and development.
  • The States’ Startup Ranking Exercise has led each state / UT to have dedicated startup policies and through its annual rankings, it is able to track the evolution of these policies and the overall efforts of states / UTs in ecosystem building.
  • The States Startup Ranking Framework accelerates efforts put in by the Center and States / UTs to enliven the entrepreneurial mindset across the length and breadth of the country.
  • Capacity-building measures have also been undertaken by the Startup India Team across States and Union Territories for ecosystem enablers and innovators in promoting economic growth by upholding the spirit of cooperative federalism.

 

Startup Ranking 2022:-

  • The fourth edition of the exercise was launched in 2022 wherein the ranking framework comprised 7 reform areas with a total of 25 action points with score of 85 marks and an overall score of 100 marks including that of the feedback exercise.
  • This edition saw the maximum participation across all editions, of 33 States and Union Territories.
  • The states and union territories were divided into Category-A (Population more than 1 crore) and Category-B (Population less than 1 crore) to establish uniformity and ensure standardization in the ranking process.
  • The results of the 4th edition of the States’ Startup Ranking 2022 on National Startup Day – 16th January 2024 at an event held in New Delhi at Bharat Mandapam.  

 

Category A States (Population more than 1 crore)

Best performer: Gujarat, Karnataka, Kerala, Tamil Nadu.

Top Performer: Maharashtra, Odisha, Punjab, Rajasthan, Telangana.

Leader: Andhra Pradesh, Assam, Madhya Pradesh, Uttar Pradesh, Uttarakhand.

Aspiring leader: Bihar, Haryana

Emerging Ecosystems: Chhattisgarh, Delhi, Jammu and Kashmir

 

Category B States (Population less than 1 crore)

 

Best performer: Himachal Pradesh

Top Performer: Arunachal Pradesh, Meghalaya

Leader: Goa, Manipur, Tripura

Aspiring leader: Andaman and Nicobar Islands, Nagaland

Emerging Ecosystems: Chandigarh, Dadra and Nagar Haveli and Daman and Diu, Ladakh, Mizoram, Puducherry, Sikkim.                   
           

                                     Source: Businessline

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