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30
Sep 2016

START-UP ECOSYSTEMS NEED TO SPREAD ACROSS MAHARASHTRA
12:04 pm UTC

Maharashtra ranks number 3 when it comes to facilities related to start-ups. The new policy for start-ups is being formulated which would be beneficial. Start-up facilities are available in the Pune-Mumbai belt. Backward districts of Maharashtra need start-up ecosystem.

In Maharashtra, most of the happenings related to start-ups and entrepreneurship have taken place in the Mumbai-Pune belt. Start-up ecosystems have also started coming up in Nagpur.

Maharashtra, which has a conducive atmosphere and good facilities, ranks after Karnataka and Delhi in start-ups.

The investment was aimed at Rs 5 lakh crore for the small and medium scale businesses in 2016. For backward districts many subsidies and grants were announced. According to the 2014-15 economic survey report, till December 2014 the total small and medium scale businesses in the State are 2.12 lakh and the investment is Rs 50,000 crore. The jobs generated are 26.9 lakh.

For the State, the year 2015 was decisive. The work of making the start-up policy has started. Investment in the State are increasing. This year also more such investments are expected.

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