India Ranks in Bottom 10 of G20 Digital Entrepreneurship Survey
The present era is the digital era. According to the recent Survey conducted, India Ranks in Bottom 10 of G20 Digital Entrepreneurship Survey whereas UK happens to be on the top G20 country for starting a digital business easily. Canada’s name came after the U.K. in terms of entrepreneurship in digital business environment. Canada has been also named as the best G20 destination for providing funds access to digital businesses.
The consulting firm EY has been prepared this report in the association of the G20 Young Entrepreneurs’ Alliance, an international network of entrepreneurs. The firm spoke to various entrepreneurs and enterprises in the digital and traditional sectors across the world to collect the genuine data and has arrived at the rankings. The report has also given many other recommendations for G20 countries on how they can make better startup ecosystems to support young talent. According to the report; all leading countries need to do more throughout their policies and future plans. India needs to start more initiatives like Digital India and Make in India to encourage young minds to stay competitive on the world level. The UK and Canada has been also praised for having world’s best recruitment practices, tax frameworks, legal efficiency etc. These countries lagged behind in other areas; digital skills and entrepreneurial education as well as entrepreneurial culture and came in fifth place.