Friday, April 9, 2021

NITI Aayog Releases Second Edition of India Innovation Index

The Indian Innovation index released by  NITI Aayog by NITI Aayog Vice-Chairman Dr Rajiv Kumar, in the presence of member (Health) DrVK Paul, Member (Agriculture)Dr. Ramesh Chand, CEO Amitabh Kant, Adviser (Science and Technology) Neeraj Sinha, and institute for Competitiveness Chair Dr. Amit Kapoor. 

The innovation index ranking is based on five enabler parameters:

  1. Human Capital
  2. Investment 
  3. Knowledge Workers 
  4. Business Environment
  5. Safety and Legal Environment 
Two performance parameters:
  •  Knowledge Output
  •  Knowledge Diffusion 

In the ‘Major States’ category, Karnataka continued to occupy the top position, while Maharashtra moved past Tamil Nadu to reach second place. Telangana, Kerala, Haryana, Andhra Pradesh, Gujarat, Uttar Pradesh and Punjab completed the top ten in that order. Karnataka’s rank is attributable to its substantive number of venture capital deals, registered geographical indicators and information and communications technology exports. Karnataka’s high Foreign Direct Investment (FDI) inflow has also enhanced the innovation capabilities of the state. Four southern states—Karnataka, Tamil Nadu, Telangana and Kerala—occupied the top five spots under the ‘Major States’ category this year.

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