Gujarat Ranked Best Performer in Start-up Ranking 2018 by DIPP

0
164

Gujarat Ranked Best Performer in first ever States Start-up Ranking 2018 released by Department of Industrial Policy and Promotion (DIPP) at an event in New Delhi. The objective of the exercise was to encourage States and Union Territories to take proactive steps towards strengthening the Start-up ecosystems in their states.A total of 27 States and 3 Union Territories participated in the exercise.

Along with the States,Fifty-one officers from States and Union Territories have been identified as “Champions”,who have made significant contributions towards developing their State’s Start-up ecosystem. The States are Ranked based on some of the Categories such as Start-up policy leaders, incubation hubs, seeding innovation, scaling innovation, regulatory change champions, procurement leaders, communication champions, North-Eastern leader, and hill state leader.

Department of Industrial Policy and Promotion(DIPP) :

Department of Industrial Policy & Promotion (DIPP) was established in the year 1995, and was reconstituted in the year 2000 with the merger of Department of Industrial Development. The department functions under the Ministry of Commerce and Industry, Government of India. It is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives. While individual Administrative Ministries look after the production, distribution, development and planning aspects of specific industries allocated to them, DIPP is responsible for the overall industrial policy. It is also responsible for facilitating and increasing the foreign direct investment (FDI) flows to the country.