About Startup India Yatra
To promote job creation in tier 2 and tier 3 towns and cities, Startup India organizes the Startup India Yatra in one state every month. The Yatra conducts boot camps where students are taught lessons in business planning followed by a pitch fest where ideas are invited. Shortlisted business ideas get incubated in State run incubators. A total of 19,000 students across 40 districts have benefitted from the Yatra through the boot camps, with over 90 received grants or incubation offers from the State governments.
About Startup India initiative
The Startup India initiative of the Government of India envisages to build a robust startup ecosystem in the country for nurturing innovation and providing opportunities to budding entrepreneurs. In tandem with this mission, the program has been able to gather registration of 10,999 startups, generating employment to 1,09,869 people.
About States Startup Ranking Framework
This large-scale generation of employment is a result of consistent efforts to promote the spirit of entrepreneurship. The States Startup Ranking Framework was launched by Department of Industrial Policy and Promotion (DIPP) in February 2018, with the aim to foster competitiveness and to propel the states and union territories to work proactively towards promotion of their startup eco-systems. This was also targeted at facilitating states and UTs to identify, learn and replicate good practices from each other and for bringing to the fore, their own progress.
Startup India works with various Ministries of the Government of India and corporates to promote incubation and accelerator programs which lead to creation of more startups.
(Adapted from PIB)