NITI Aayog will release the second edition of the India Innovation Index 2020 on 20 January in a virtual event.
The index will be released by NITI Aayog Vice Chairman Dr Rajiv Kumar
in the presence of NITI Aayog Member Dr VK Saraswat and CEO Amitabh
Kant.
The
release of the second edition of the index—the first was launched in
October 2019—demonstrates the Government’s continued commitment towards
transforming the country into an innovation-driven economy.
The
India Innovation Index 2020 seeks to rank the states and union
territories based on their relative performance of supporting
innovation, and to empower them to improve their innovation polices by
highlighting their strengths and weaknesses. The ranking methodology is
designed in a way that states can draw lessons from the national leaders
in innovation. Hopefully, this will lead to a healthy competition among
the states and union territories, thereby fostering competitive
federalism.
The
states and union territories have been divided into 17 ‘Major States’,
10 ‘North-East and Hill States’, and 9 ‘City States and Union
Territories’, for effectively comparing their performance. The states
and union territories have been ranked on two broad categories: outcome
and governance. Overall, the framework of India Innovation Index 2020
consists of 36 indicators, which include hard data (32 indicators) and
four composite indicators.
India
Innovation Index 2020 builds on the previous year’s methodology by
introducing more metrics and providing a holistic outlook of the Indian
innovation ecosystem. The framework has been updated to include globally
considered parameters for measuring innovation (such as the percentage
of gross domestic product spent on research and development), while also
retaining the parameters specific to the Indian economy.
The
index captures the trends and provides detailed analyses of the various
factors that drive innovation at the country, state, and district
levels. It is believed that these analyses would enable policymakers in
identifying catalysts and inhibitors of innovation at the national and
sub-national levels.
The event will be live-streamed at https://www.youtube.com/watch?v=i7AD_1uc0Is&feature=youtu.be
SOURCE ; PIB NEWS
(With input from news agency language)
If you liked this story then share it with a friend! We are a non-profit organization. Help us financially to keep our journalism free from government and corporate pressure.
0 Comments