Abstract:
Leading towards an indigenous India, government is working hard to build a
robust ecosystem for startups. Supporting the creative and innovative minds, the
Government of India (GOI) has come up with an initiative where it involves every
corner of the nation, leading them towards the goal of building strong Startup
Ecosystem. In this vision every state has committed to exert oneself and contribute
their best. Every State, Union Territory and Central authorities are in the process
of making their state a best place to initiate any startup. To encourage this spirit,
Ministry of Commerce and Industry along with Department for Promotion of
Industry and Internal Trade (DPIIT) launched an exercise named as ‘States’
Startup Ranking’. Inspiring states to work more towards policy making and
creating vast support system for startups, GOI has announced the second report
of States’ Startup Ranking 2019 in the month of September. This study focuses on
the performance of different states which participated in the States’ Startup
Ranking 2019. Studying the actions taken by different states, the report aims to
analyze the difference between the performing and less performing states. The
focal point of the study is to concentrate on variance evident in the conduct of
highest and lowest performing states. This paper is an attempt to highlight the
areas where states need to concentrate more in order to develop the conducive
ecosystem for the startups to grow and sustain.
Description:
Fourteenth Biennial Conference on Entrepreneurship/ Edited by Rajeev Sharma, Sunil Shukla, Amit Kumar Dwivedi & Ganapathi Batthini
