New Delhi: In what comes as an encouraging development for the Yogi government on completing 100 days of its second tenure, Uttar Pradesh has emerged as a ‘Leader’ in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for promotion of industry and internal trade (DPIIT).
The States’ startup ranking 2021 was released by Commerce and Industry Minister Piyush Goyal on Monday. A total of 24 states and 7 Union territories (UTs) participated in the exercise, which ranked them under five categories — best performers, top performers, leaders, aspiring leaders and emerging startup ecosystems.
The state of Uttar Pradesh has moved up two categories — from ‘Emerging Startup Ecosystems’ last year to ‘Leaders’ — in the ranking now.
Owing to the sustained efforts of Uttar Pradesh Chief Minister Yogi Adityanath in reinstating a strict law and order system across the state and establishing a safe environment, along with several initiatives taken by the state government to develop the startup ecosystem for promoting budding entrepreneurs, Uttar Pradesh has achieved the milestone and has fared better than at least 15 States/UTs.
Numerous efforts of the Uttar Pradesh government such as organization of special job fairs, provision of employment and self-employment opportunities to the youth in the state through various schemes such as the ODOP, provision of financial assistance to the youth, development of infrastructure, enabling investment in the state has resulted in progress of the state to becoming one of the best states in the country in developing startup ecosystem for upcoming entrepreneurs.
The States’ Startup Ranking Framework was conceived by the Government of India in 2018 under Prime Minister Narendra Modi. The results of the third exercise are a testament to the painstaking efforts taken by various States to enable their startup ecosystems.