05-07-22 Daily-Tamilnadu-TNPSC Current Affairs

Nadurose six spots in the national ranking of the startup ecosystem of states released by the Centre’s department for promotion of Industry and internal trade (DPIIT).

Tamil Nadu stood at the 11th spot, categorised among “leader” states in the state startup rankings 2021. In the previous ranking exercises (2019 and 2018), Tamil Nadu was at the bottom-most category, classified as an “emerging ecosystem” for startups.

The report noted that Tamil Nadu has shown “remarkable performance” through the evaluation pillars of institutional support, fostering innovation and Entrepreneurship and capacity building for enablers.
The setting up of Tamil Nadu startup and innovation mission (Tansim), an agency driving the state’s startup ecosystem, and launch of Tanseed to support startups with a seed grant of up to 10 lakh were mentioned as key initiatives.