Commerce Ministry launches Startupindia Ranking Framework

    Three new tools for States and Union Territories for ranking of startups in the country was launched by Union Minister of Commerce and Industry at a function today in New Delhi. The tools are: the State and Union Territory Startup Ranking Framework, the Compendium of Good Practices for Promoting Startups in India and the Startup India Kit. These will act as catalysts to help the Startup India initiative to drive India’s economic growth. India is home to about 20,000 startups, with about 1,400 beginning operations every year. They are not only driving economic growth but also leading to technological innovations and employment generation in every state. Entrepreneurs are introducing new solutions everyday and also improving existing processes. To encourage and help startups the Govt of India has taken the lead in creating policies and a framework. !8 States and UTs have a startup focussed environment with ease of doing business for startups. Read More...

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