July 5 2022: The results of the third edition of Ranking of States on Support to Startup Ecosystems have been released by the Ministry of Commerce and Industry.
For the purposes of the Ranking, States and Union Territories are classified into 5 Categories, viz. Best Performers, Top Performers, Leaders, Aspiring Leaders and Emerging Start-up Ecosystems.
Gujarat and Karnataka emerged as the Best Performers in a category of States which included NCT of Delhi. Meghalaya won the top honour among UTs and North-eastern (NE) States.
While Kerala, Maharashtra, Orissa and Telangana got the Top Performers award among states, Jammu & Kashmir emerged as the Top Performer among UTs and NE states. KSUM Director of Funding, Evangelization & Global Linkages, Riyas P M; Head of Business Linkages, Startup Life Cycle & IT, Ashok Kurian Panjikaran; and Programme Head of Government As A Marketplace, Varun G, were chosen as the Startup Champions of the State.
Assam, Punjab, Tamil NÄdu, Uttarakhand and Uttar Pradesh were adjudged the winners in the Leaders category among states;
Andaman & Nicobar Islands, Arunachal Pradesh and Goa bagged the Leaders honour among the UTs and NE states.
Chhattisgarh, Delhi, Madhya Pradesh and Rajasthan were declared as Aspiring Leaders among the States.
Chandigarh, Dadra and Nagar Haveli & Daman and Diu, Himachal Pradesh, Manipur, Nagaland, Puducherry and Tripura were the Aspiring Leaders from the UTs and NE states. Andhra Pradesh and Bihar from States category and Mizoram and Ladakh from the UTs/NE States were clubbed under the Emerging Start-up Ecosystem.
Commerce Minister Piyush Goyal said that ONDC (Open Network for Digital Commerce) had the power to spawn thousands of start-ups. “The huge success that UPI has been in India, which has democratised the payment system in India. In the next 5 year, we will have ONDC democratize the e-commerce across India. So much so that we will have a few thousand start-ups may be more and a few hundred unicorns. Rather than three companies being 100 billion or one trillion size, you will have a thousand companies each of a billion dollar. That is what ONDC has the power to do,” the Minister said.
The Department for Promotion of Industry and Internal Trade (DPIIT) has been conducting the States’ Start-up Ranking Exercise since 2018 to facilitate the ease of building a start-up and doing business across the country.
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. The exercise plays a crucial role in easing the business environment for start-ups in the country.
The States Startup Ranking 2021 highlighted the support being extended by over 30 states and union territories through startup policies to the ecosystem.