Guj, Karnatka best states in providing strong ecosystem for startups

NEW DELHI, July 4:
Gujarat and Karnataka have been ranked as the best performers 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).
Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer.
The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.
For the third time in a row, Gujarat was ranked as the best performer. The exercise is aimed at supporting states and Union territories (UTs) in developing their startup ecosystem and learning from each other’s best practices. A total of 24 states and 7 UTs participated in the exercise, which ranked them under five categories — best performers, top performers, leaders, aspiring leaders and emerging startup ecosystems. (PTI)