Facts for Prelims (FFP)
Source: Deccan Herald
Context: Karnataka, Gujarat, and Kerala have been recognized as the best-performing states in developing start-up ecosystems, according to the start-up rankings for 2022 released by the Department for Promotion of Industry and Internal Trade (DPIIT).
Key Findings:
- Tamil Nadu and Himachal Pradesh are also highlighted as best performers, while Maharashtra, Odisha, and Telangana are categorized as top performers.
The rankings are based on the state’s initiatives to foster a conducive environment for start-ups, with a total of 33 states and Union territories participating in the assessment under five categories – best performers, top performers, leaders, aspiring leaders, and emerging start-up ecosystems.
The States’ Start-up Ranking is a yearly capacity-building exercise created and released by DPIIT that evaluates all of India’s states and Union Territories on their efforts to build an ecosystem conducive to start-up growth.
States’ Start-up Ranking was launched in February 2018 to achieve the vision of building a robust startup ecosystem in the country
