Innovation Ecosystem in India

[pib] Second edition of India Innovation Index 2020

Note4Students

From UPSC perspective, the following things are important :

Prelims level : Indian innovation index

Mains level : Innovation ecosystem in India

NITI Aayog is set to release the second edition of the India Innovation Index 2020 tomorrow.

*Statewise rankings will be updated tomorrow.

Updated on 21st Jan, Thursday.

India Innovation Index (III)

  • 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 index attempts to create an extensive framework for the continual evaluation of the innovation environment of 29 states and seven UTs in India.
  • It intends to perform the following three functions-
  1. Ranking of states and UTs based on their index scores
  2. Recognizing opportunities and challenges, and
  3. Assisting in tailoring governmental policies to foster innovation
  • The India Innovation Index 2019 is calculated as the average of the scores of its two dimensions – Enablers and Performance.
  • The states have been bifurcated into three categories: major states, north-east and hill states, and union territories/city-states/small states.

Significance

  • The study examines the innovation ecosystem of Indian states and union territories.
  • The aim is to create a holistic tool which can be used by policymakers across the country to identify the challenges to be addressed and strengths to build on when designing policies.
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