DIPP Announces Its 7-Pillar Framework To Rank States on Startup Development
With its goal to encourage states to take proactive steps to encourage startup ecosystem, Department of Industrial Policy and Promotion (DIPP) has launched the awaited ranking framework, that includes 7 pillars with 38 pointers to rank states/UT based on measures they have taken to promote and nurture entrepreneurship.
The online dashboard for State/UT Startup Ranking 2018 was launched by Minister of commerce and Industry, Sri Suresh Prabhu.
The Framework
DIPP aims to promote competitiveness amongst the Indian states and Union Territories to act proactively when it comes to startup and entrepreneurs. According to the report that DIPP released today, there are a total of 6,875 recognized startups and 82 startups have been given tax exemption.
DIPP has also assigned 7 p...