Government launches Start-up-India ranking framework

The Department of Industrial Policy and Promotion unveiled a framework that includes seven pillars with 38 pointers to rank states based on measures the regions have taken to foster entrepreneurship. So far, nine states alone covered over 82 percent of recognised startups.

According to a report by the Department of Industrial Policy and Promotion (DIPP) released recently, there are a total of 6,875 recognised startups and 82 states that have been given (consecutive three out of seven years) tax exemptions so far. While Maharashtra topped the list with highest number of recognised startups, Karnataka and Delhi occupied the second and third spot with 1,084 and 929 startups respectively. Others in the nine states list that covered over 82 percent of recognised startups included Uttar Pradesh, Haryana, Telangana, Tamil Nadu, Kerala, and Gujarat.

Earlier, in October 2017, the DIPP launched an exercise to rank states and union territories on the basis of measures being taken by them to promote startups, and added that it was consulting states for their ranking framework.

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