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Paper | Topics | Subject |
---|---|---|
GS-II | DIGITAL INDIA WEEK 2022 | Governance |
GS-III | STATE’S STARTUP RANKING 2021 | Government Policies & Reports |
GS-II : Governance
The Prime minister has inaugurated Digital India Week 2022 under the Digital India Program, to strengthen ease of doing business and ease of living. He also inaugurated a digital expo at Mahatma Mandir in Gandhinagar.
This was the seventh anniversary of launching the Digital India campaign, a flagship program of the Central Government.
THEME: “Catalyzing New India’s Techie”
To transform the nation into a digitally empowered society and knowledge economy. The Prime Minister launched multiple digital initiatives aimed at enhancing the accessibility of technology and giving a boost to starts up.
About Digital India
The objective of Digital India
Significance of the Digital India Campaign
JAM TRINITY (Jan Dhan Yojana, Aadhaar, Mobile): has provided maximum benefit to the poor and the middle class.
Challenges
Government Initiatives
Achievements of the Digital India Programme
“Maximum governance minimum government” the dream of the Prime Minister can be shaped through digital India. With the help of public and private partnerships, favourable government policies, innovative reforms, demographic advantage, rising income, and the rise of India’s start-up culture, India can become the fastest-growing digital economy.
Source: PIB
GS-III : Government Policies & Reports
The third edition of Ranking of States on “Support to Startup Ecosystems” was released by the Ministry of Commerce and Industry.
Earlier, the Ministry of Commerce and Industry released an Ease of Doing Business Ranking, which is based on the Business Reforms Action Plan report 2020.
State startup ranking
The Start-up India initiative of the Government of India envisages building a robust Start-up ecosystem in the country for nurturing innovation and providing huge opportunities to budding entrepreneurs.
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry has been formulating the States’ Start-up Ranking Exercise since 2018.
The assessment plays a crucial role in easing the business environment for start-ups in the country.
Objectives
Classification - States / Union Territories are classified into 5 Categories:
How about the Rankings 2021?
The participants were evaluated across 7 broad Reform Areas which is consisting of 26 Action Points ranging from Institutional Support, Fostering Innovation and Entrepreneurship, Access to Market, Incubation support, Funding Support, and Mentorship Support to Capacity Building of Enablers.
Result:
About Startup India Program
Challenges associated with startup initiative
The government initiated a Stand-Up India scheme to encourage entrepreneurial ships by facilitating bank loans between 10 lakh and 1 crore to at least one schedule caste or schedule tribe and at least one woman per bank branch for setting up non -agriculture enterprise.
Source: PIB
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