The Uttar Pradesh government is hammering out a new ‘Startup Policy 2020’ with aim to break into the top three in domestic rankings by next year.
At present, Gujarat, Karnataka, Kerala, Odisha and Rajasthan are among the top performing Indian states with regards to creating conducive environment for start-ups.
Under the new policy, all the 75 districts in Uttar Pradesh will have a nodal officer to promote start-ups and forge working alliances with the educational and technical institutions to promote new business ventures.
Reviewing the draft Uttar Pradesh Startup Policy on Tuesday evening here, chief minister Yogi Adityanath stressed that the state possessed large untapped potential in the startup segment even as he directed officials to create a mechanism of coordination between the different wings of the state government and higher educational institutions, agricultural universities.
There are about 9 million micro, small and medium enterprises (MSME) in Uttar Pradesh, he said adding this large pool of businesses presented humongous opportunity to cultivate a culture of start-ups.
The CM instructed the departmental heads to simply the rules regarding start-ups and to prepare an action plan to nurture such units in every sector.
The Centre has already launched