A Study of Start-up Policy and Performance of Government Programmes in the State of Gujarat

India accounts for more than 7 per cent of Global GDP in terms of PPP and about 4 per cent in nominal terms. India has adopted a number of measures that promote faster economic growth and equitable distribution of resources. One such measure is the Startup Policy. It is a flagship program of the Government of India to boost the startup culture in India. In line with the efforts of the Union Government, State Governments are also implementing various policies for startups. The state of Gujarat in India has been recognized as one of the leading states in the country for its proactive approach towards fostering a favorable environment for startups. Gujarat is home to more than 8 thousand startups registered, with more than two billion in financial support and more than 180 incubators, and a Centre of Innovation. This paper aims to comprehensively analyse Gujarat's startup policy and evaluate government programs' performance in supporting startup initiatives. The findings reveal that Gujarat has implemented a robust startup policy framework with a range of incentives, including financial support, incubation facilities, and regulatory reforms, to promote the growth of startups. The study further evaluates the performance of government programs designed to support startups in Gujarat across different sectors.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-08-10
DOI
https://doi.org/10.5281/zenodo.14997865
Primary Topic
Innovations and Analysis in Business and Education
Type
article
Field-Weighted Citation Impact
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article

A Study of Start-up Policy and Performance of Government Programmes in the State of Gujarat

Zenodo (CERN European Organization for Nuclear Research)
Innovations and Analysis in Business and Education
article

A Study of Start-up Policy and Performance of Government Programmes in the State of Gujarat

article en

Abstract

India accounts for more than 7 per cent of Global GDP in terms of PPP and about 4 per cent in nominal terms. India has adopted a number of measures that promote faster economic growth and equitable distribution of resources. One such measure is the Startup Policy. It is a flagship program of the Government of India to boost the startup culture in India. In line with the efforts of the Union Government, State Governments are also implementing various policies for startups. The state of Gujarat in India has been recognized as one of the leading states in the country for its proactive approach towards fostering a favorable environment for startups. Gujarat is home to more than 8 thousand startups registered, with more than two billion in financial support and more than 180 incubators, and a Centre of Innovation. This paper aims to comprehensively analyse Gujarat's startup policy and evaluate government programs' performance in supporting startup initiatives. The findings reveal that Gujarat has implemented a robust startup policy framework with a range of incentives, including financial support, incubation facilities, and regulatory reforms, to promote the growth of startups. The study further evaluates the performance of government programs designed to support startups in Gujarat across different sectors.

Zenodo (CERN European Organization for Nuclear Research)
Veer Narmad South Gujarat University (IN)
Decent work and economic growth
Openalex Percentile: Top 59%
Innovations and Analysis in Business and Education
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