The Start-up India initiative of the Government of India envisages to build a robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to budding entrepreneurs. The active support of State/UT Governments is crucial for achieving the overall objectives of the program. An Action Plan with 19 action points for Start-up India initiative was unveiled by the Hon’ble Prime Minister on January 16, 2016. This Action Plan laid down a roadmap for the creation of a conducive ecosystem for Start-ups in India. Subsequently, many activities have been undertaken to encourage Startups.
In order to achieve the vision of building a strong ecosystem in India, it is imperative that collaborative and concerted efforts are undertaken by Centre and States/UTs together for effectively nurturing and supporting Start-ups for their success. With this objective, a set of recommendations has been drafted on which State/UT Government can act upon and implement to develop an enabling Start-up ecosystem.
India being a federal nation, the States/UTs have a vital role to play in promoting the Startup ecosystem. The core functioning of an enabling ecosystem in a State/UT is a function of the framework and policy put in place along with effective implementation of the same. Institutionalisation of reforms through the State/UT interventions will ensure manifestation of outcomes. For this, the Department of Industrial Policy and Promotion (DIPP), Government of India intends to undertake an exercise to assess States/UTs on key areas of interventions that are germane to a healthy Startup ecosystem.
Help bring to fore progress made by the States/ UTs for promoting Startup ecosystem
Foster competitiveness & propel the States/ UTs to work proactively
Facilitate States/ UTs to identify, learn and replicate good practices
The ‘State/UT Startup Ranking Framework’ is spread across 7 areas of interventions with a total of 38 action points and overall score of 100 marks. The framework also provides the guidelines to support implementation of action points along with good practices against each action point. In order to evaluate States/UTs in a balanced and transparent manner, the implementation of action points by the State/UT Government and feedback from Startup ecosystem components have been given due weightage. Under the framework, out of 38 action points, 21 action points require submission of supporting document(s), 1 action point requires only stakeholder feedback and 16 action points require both the components (supporting document(s) and stakeholder feedback) for assessment of the State/UT Startup initiatives.