India is rapidly raising its name in the charts of global startup ecosystem and the year 2017 marked a number of achievements to count by. Christened as the fourth fastest growing economies in the world in 2017 by the World Bank. The year 2017 has been terrific for the Indian tech startup ecosystem and it has had both positive and negative lessons for the startups.
Since the announcement of Startup India Action Plan, over 15+ states have already announced their startup policies with a host of initiatives to boot up the
startup ecosystem of the respective states. In a bid to keep a check on how these states are performing, the Department of Industrial Policy and Promotion (DIPP) recently introduced the feedback mechanism as well, where startup ecosystem stakeholders will rank the states and union territories on the basis of the success achieved in implementing their startup policies, thereby making this a step worth applauding.
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