NITI Aayog’s Innovation Index, 2022

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NITI Aayog’s Innovation Index, 2022

News Highlight

Karnataka has bagged the top rank in NITI Aayog’s Innovation Index, 2022, which determines innovation capacities and ecosystems at the subnational level.

NITI Aayog’s Innovation Index

NITI Aayog’s Innovation Index, 2022

  • Karnataka has retained its top spot in the ‘Major States’ category, followed by Telangana and Haryana.
  • Manipur has emerged as the best performer among the north-eastern and hilly states, followed by Uttarakhand and Meghalaya.
  • Among the Union Territories and city-states, Chandigarh is the top performer, followed by Delhi.
  • Chhattisgarh, Odisha, Bihar and Gujarat were at the bottom of the index.
NITI Aayog’s Innovation Index

The India Innovation Index

  • It is released by NITI Aayog and the Institute for Competitiveness every year.
  • The index attempts to create an extensive framework for the continuous evaluation of the innovation environment in all States and Union Territories.
  • It plans to carry out the following three tasks.
    • Using index scores to rank the states and Union Territories.
    • Identifying opportunities and challenges.
    • Helping to create government policies that encourage innovation.
  • The states have been bifurcated into three categories: 
    • Major states, 
    • Northeast and hill states, and 
    • Union Territories/city-states/small states.
  • The India Innovation Index parameters:
    • Patents per million of population.
    • Publication in scientific journals.
    • Percentage of GDP spending on research.
    • Demographic dividend and other economy-specific parameters.
    • The number of PhD students and knowledge-intensive employment.
    • FDI (Foreign Direct Investment)  inflows.
    • Enrolment in engineering and technology and the number of highly skilled professionals.

The Global Innovation Index.

  • The Global Innovation Index is an annual ranking of countries by their capacity for, and success in, innovation.
  • It was started in 2007 by INSEAD (Institut Européen d’Administration des Affaires) and World Business, a British magazine.

Pic Courtesy: freepik

Content Source: The Hindu

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