India innovation index portal launched

Q.  India Innovation Index ranks states on ________________
- Published on 03 Feb 17

a. Innovation
b. Economic development
c. Economic growth
d. None of the above

ANSWER: Innovation
 
India innovation index portal launchedTo make India an innovation-driven economy, NITI Aayog, Department of Industrial Policy & Promotion (DIPP) and Confederation of Indian Industry (CII) together launched a mega initiative “India Innovation Index” on Feb 2nd 2017.

This will rank states on Innovations through country’s first online innovation index portal that will capture data on innovation from all Indian states on innovation and regularly update it in real time.

The India Innovation Index Framework will be structured based on the best practices followed in Global Innovation Index (GII) indicators.

Additionally it will function by adding India-centric parameters those truly reflect the Indian innovation ecosystem.

Inaugurating the India Innovation portal, Mr Amitabh Kant, CEO NITI Aayog said, “This portal will be a first-of-its-kind online platform where Global Innovation Index indicators and India–centric data from various states will be coalesced.”

Data collated on this portal will not only be used to ameliorate current data gaps w.r.t the GII, but be the prime source for the India Innovation Index, which will be jointly developed by NITI Aayog, DIPP and CII.

This is in consultation with World Economic Forum, the World Intellectual Property Organization, Cornell University, OECD, UNIDO, ILO, UNESCO, ITU and others.

The aim is to rank Indian states as per their innovation prowess.

It will also provide impetus to them to build their respective innovation ecosystems and spur the innovation spirit among institutions and people.

Global Innovation Index: Know More
  • The Global Innovation Index (GII), co-published by World-Intellectual Property Organization (WIPO), Cornell University and INSEAD with CII as a Knowledge Partner since inception.
  • It has been ranking world economies including India since 2007 according to their innovation capabilities and outcomes.
  • It uses 82 indicators among a host of other important parameters.
  • It has established itself as both a leading reference on innovation and a ‘tool for action’ for policy makers.
  • India currently ranks 66th out of 128 countries on the Global innovation Index (GII) 2016.

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