Que. Which state has been named the best performer in State Startup Ranking 2019?
(a) Kerala
(b) Maharashtra
(c) Karnataka
(d) Gujarat
Ans. (d)
Related facts:
- On September 11, 2020, Union Minister of Commerce and Industry Piyush Goyal released the second edition of the State Startup Ranking, 2019.
- The Department of Industrial Policy and Promotion (DIPP), Government of India has undertaken an exercise to assess States/UTs on key areas of interventions that are germane to a healthy Startup ecosystem.
- The 2019 Ranking Framework has seven broad reform areas consisting of 30 action points ranging from institutional support, easing compliances, relaxation in public procurement norms, incubation support, seed funding support, venture funding support, and awareness and outreach.
- A total of 22 states and 3 Union Territories participated in the exercise, including four states from North East India.
- To establish uniformity and ensure standardization in the ranking process, States and UTs were divided into Category-X and Category-Y.
- Category-X entails states and UTs with a well-established startup ecosystem.
- Category-Y includes all UTs, except Delhi, and all states in North East India, except Assam.
- The States and UTs were classified as: Best Performers, Top Performers, Leaders, Aspiring Leaders and Emerging Startup Ecosystems.
- Gujarat was the Best performer in Category X followed by Karnata and Kerala. Uttar Pradesh and Tamil Nadu occupied the lowest positions.
- Andaman and Nicobar Islands was the Best performer in Category Y. Sikkim secured the bottom place.
Arpit Mishra
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