Gujarat and Karnataka emerged the “best performers” in the third edition of States’ Start-up ranking, 2021, while Meghalaya bagged the top honour among Northeastern (NE) states. In the second edition of the survey, which was conducted in 2020, Gujarat was the best performer.
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The rankings are based on the initiatives taken to develop the startup ecosystem for promoting entrepreneurs. These initiatives include the Startup India initiative, multiple funding and incubation support, and the government announcing January 16 as Startup Day.
Key points of the report:
- Top performers among the larger states include Kerala, Maharashtra, Odisha and Telangana.
- Among smaller states and UTs, Jammu and Kashmir was adjudged the top performer.
- Punjab, Tamil Nadu, Uttarakhand, Uttar Pradesh, Andaman and Nicobar Islands, Arunachal Pradesh, and Goa are in the leaders category.
- States and UTs in the aspiring leaders’ category include Chhattisgarh, Delhi, Madhya Pradesh, Rajasthan, Chandigarh, Puducherry and Nagaland.
- States and UTs with a population of more than 10 million are ranked separately from those with a lower population. UTs and states are classified into five categories based on their performance in the survey.
- They are best performers, top performers, leaders, aspiring leaders and emerging start-up ecosystems.