Startup India is now open to feedback on project progress
, ET Bureau|
Oct 02, 2017, 12.22 AM IST
NEW DELHI: The Startup India official website has opened up a feedback mechanism for all stake holders of the startup ecosystem to submit their views on ranking of states and union territories on the basis of the achievements made in the implementation of their startup policies.
"While the parameters have been made public and we are inviting feedback on state ranking from the general public, we expect the final ranking of states to be announced by June next year," said a government official wanting to remain unnamed.
The department of industrial policy and promotion, the nodal body for implementation of the central government's Startup India policy, had been working on drafting parameters for ranking states and has now made them public on the startup India portal.
Since Prime Minister Narendra Modi launched the Startup India plan with 19 action points in January 2016, about 15 states have so far announced their startup policies in the last one year.
These include Telangana, Karnataka, Odisha, Chhattisgarh, Gujarat, Bihar and Uttar Pradesh, Madhya Pradesh and Uttarakhand. Four states — Andhra Pradesh, Goa, Kerala and Rajasthan — had a startup policy before the launch of the Startup India action plan.
The different parameters to be considered for ranking states fall under four heads, hand holding and easing compliance with regulations, infrastructure support, research and development and human capital development support, fund raising support and fiscal incentives, marketing support and promoting international exposure to state startups.
For this exercise, all actions and initiatives undertaken by states on or before March 2018 will be considered. Some of the parameters, which was essential for states to have a well-defined startup policy running, include having a startup cell or helpline and a mobile or web portal to act as a one-stop-shop for all queries on starting up, the size of the mentor network created by the state government for startups and also the number of key incubators for incubation support to startups.
"While the parameters have been made public and we are inviting feedback on state ranking from the general public, we expect the final ranking of states to be announced by June next year," said a government official wanting to remain unnamed.
The department of industrial policy and promotion, the nodal body for implementation of the central government's Startup India policy, had been working on drafting parameters for ranking states and has now made them public on the startup India portal.
Since Prime Minister Narendra Modi launched the Startup India plan with 19 action points in January 2016, about 15 states have so far announced their startup policies in the last one year.
These include Telangana, Karnataka, Odisha, Chhattisgarh, Gujarat, Bihar and Uttar Pradesh, Madhya Pradesh and Uttarakhand. Four states — Andhra Pradesh, Goa, Kerala and Rajasthan — had a startup policy before the launch of the Startup India action plan.
The different parameters to be considered for ranking states fall under four heads, hand holding and easing compliance with regulations, infrastructure support, research and development and human capital development support, fund raising support and fiscal incentives, marketing support and promoting international exposure to state startups.
For this exercise, all actions and initiatives undertaken by states on or before March 2018 will be considered. Some of the parameters, which was essential for states to have a well-defined startup policy running, include having a startup cell or helpline and a mobile or web portal to act as a one-stop-shop for all queries on starting up, the size of the mentor network created by the state government for startups and also the number of key incubators for incubation support to startups.
