Ranking of states, UTs in startup ecosystem likely to be announced in July
The government has launched the Startup India Action Plan to promote budding entrepreneurs in the country. The plan is aimed at giving incentives such as tax holiday and inspector raj-free regime and capital gains tax exemption.
The government is likely to announce the ranking of states and union territories (UTs) on the basis of measures being taken by them to promote startups in July. Representational image: Reuters