{"id":194008,"date":"2018-03-15T11:22:29","date_gmt":"2018-03-15T05:52:29","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=194008"},"modified":"2018-03-15T11:22:29","modified_gmt":"2018-03-15T05:52:29","slug":"commerce-ministry-launches-startup-india-ranking-framework","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/commerce-ministry-launches-startup-india-ranking-framework\/","title":{"rendered":"Commerce Ministry launches Startup India Ranking Framework"},"content":{"rendered":"<p style=\"text-align: justify;\">To encourage and help startups the Government of India has taken the lead in creating policies and a framework. Three new tools for States and Union Territories for ranking of startups in the country were launched by Union Minister of Commerce and Industry in order to encourage strengthening of the startup ecosystem at the local level. The tools are:<\/p>\n<p style=\"text-align: justify;\">1. The State and Union Territory Startup Ranking Framework,<\/p>\n<p style=\"text-align: justify;\">2. The Compendium of Good Practices for Promoting Startups in India and<\/p>\n<p style=\"text-align: justify;\">3. The Startup India Kit.<\/p>\n<p style=\"text-align: justify;\">These will act as catalysts to help the Startup India initiative to drive India\u2019s economic growth. India is home to about 20,000 startups, with about 1,400 beginning operations every year. According to a statement made by the Ministry of Commerce the startups in India are not only driving economic growth but also leading to technological innovations and employment generation in every state and that entrepreneurs are introducing new solutions everyday and also improving existing processes.<\/p>\n<p style=\"text-align: justify;\">Several States and UTs have a startup focused environment with ease of doing business for startups. The key objective of the \u201cStartup States and UTs Ranking Framework\u201d is to encourage States and UTs to take proactive 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, and will also enable continuous learning through the dissemination of good practices.<\/p>\n<p style=\"text-align: justify;\">[Source: <em>The Financial Express<\/em>]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To encourage and help startups the Government of India has taken the lead in creating policies and a framework. Three new tools <\/p>\n","protected":false},"author":91,"featured_media":194016,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8051,2],"tags":[29516,29508,29509],"class_list":["post-194008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business_news","category-news","tag-ranking-of-startups","tag-startup-india-ranking-framework","tag-startups-india"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Commerce Ministry launches Startup India Ranking Framework | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/commerce-ministry-launches-startup-india-ranking-framework\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Commerce Ministry launches Startup India Ranking Framework\" \/>\n<meta property=\"og:description\" content=\"To encourage and help startups the Government of India has taken the lead in creating policies and a framework. 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The initiative aims to create a conducive environment for startups in India and encourage innovation and entrepreneurship in the country. The notification\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":224473,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/01\/23\/central-govt-constitutes-national-startup-advisory-council-to-build-a-strong-ecosystem-for-nurturing-innovation-and-startups\/","url_meta":{"origin":194008,"position":1},"title":"Central Govt. constitutes &#8212; National Startup Advisory Council | To build a strong ecosystem for nurturing innovation and startups","author":"Bhumika Indulia","date":"January 23, 2020","format":false,"excerpt":"The Central Government hereby constitutes the \u2018National Startup Advisory Council\u2019 to advise the Government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities. The council shall, inter alia, suggest measures to: (i)\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133971,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/05\/26\/start-up-definition-changes\/","url_meta":{"origin":194008,"position":2},"title":"Start Up &#8211; Definition Changes","author":"Saba","date":"May 26, 2017","format":false,"excerpt":"Startup India was launched by the Government of India on 16th January, 2016 to build a strong eco-system for nurturing innovation and Startups in the country to drive economic growth and generate large scale employment opportunities.\u00a0In order to promote entrepreneurship in the country, the Government of India has amended the\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":218379,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/08\/19\/cbdt-simplifies-the-process-of-assessment-in-respect-of-startups\/","url_meta":{"origin":194008,"position":3},"title":"CBDT simplifies the process of assessment in respect of Startups","author":"Bhumika Indulia","date":"August 19, 2019","format":false,"excerpt":"The Finance Ministry has simplified the process of assessment in the case of Startup entities. 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People registered under Start-up Policy, 2017, shall continue to be registered under Start-up Policy, 2021, and all incentive applications submitted on or before September 30, 2021, shall be processed as per Start-up Policy, 2017. 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