Ministry of Commerce and Industry launches Start-up-India ranking framework

Suresh Prabhu, the Union Minister of Commerce and Industry, has launched the Start-up-India ranking framework in New Delhi to help the Startup India initiative to drive economic growth of the country. 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. The key objective of the Startup States and Union Territories ranking framework is to encourage States and Union Territories to take pro-active steps towards strengthening the Startup ecosystems at the local level. The Ranking Framework will measure the impact of each step initiated at the local level for building a strong Startup ecosystem. The Ranking Framework will also enable continuous learning through the dissemination of good practices.