DPIIT Ranking: Gujarat tops in providing a better ecosystem for startups, won for the second year in a row. ITPRD classification

New Delhi. The Department for the Promotion of Industry and Internal Trade (DPIIT) published on Friday the ranking of states that provide a better ecosystem for new companies. Gujarat has re-emerged as the best performing state in this ranking. Gujarat’s performance has been the best among all states and a Delhi Union Territory. Except Assam, all other northeastern states and union territories other than Delhi have been kept in a separate category. Andaman and Nicobar Islands has been the best performer in this category.

22 states and 3 union territories participated in this
Releasing the ranking on Friday, Commerce Minister Piyush Goyal said 22 states and 3 union territories have participated in it. This ranking has been decided on the basis of providing a better ecosystem for budding entrepreneurs to establish new businesses. According to the ranking framework published in 2019, 30 points are awarded based on improvement in seven areas. This time the ranking has been given by dividing the states into two categories ‘Y’ and ‘X’. All Union Territories except Category Y Assam and Delhi have been included. All other states and union territories have been included in the X category. The Andaman and Nicobar Islands have become the best performers in the Y category.

With the launch of @StartupIndia The Indian initiative was able to give a great boost to the promotion of new businesses in the country.

Today we have the third largest startup ecosystem in the world. pic.twitter.com/FvvLm5fsM7

– Piyush Goyal (@PiyushGoyal) September 11, 2020

Goyal said that the ‘Fund of Funds’ is supporting him in the matter of financing startups and many PSUs are moving forward with setting up dedicated funds for startups. He also sent a message to startups that they should focus on three products ‘P’ (Product), Process (Process), People (People) to promote India’s self-sufficiency.

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DPIIT Secretary Guruprasad Mohapatra said on the occasion that the department has so far identified 36,000 startups. He said that all states are working to promote budding entrepreneurs. He said that four lakh job opportunities have been created in the country due to the initial work and the creation of a conducive environment. In the ranking, the states, union territories have been classified into five categories.

Best performing states after Gujarat
Bihar, Maharashtra, Odisha, Rajasthan and Chandigarh have been ranked among the best performing states after Gujarat. On the other hand, Haryana, Jharkhand, Punjab, Telangana, Uttarakhand and Nagaland have been included in the aspirational leader category. Andhra Pradesh, Assam, Chhattisgarh, Delhi, Himachal Pradesh, Madhya Pradesh, Tamil Nadu, Uttar Pradesh, Mizoram and Sikkim have been ranked among the states with an emerging ecosystem of startups.undefined

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Tags: Entrepreneurs, Entrepreneurship, Gujarati, Piyush Goyal