Monday, September 20, 2021

NITI Aayog to launch 2nd edition of India Innovation Index 2020

NITI Aayog

New Delhi, January 19: 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 policies 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 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 the India Innovation Index 2020 consists of 36 indicators, which include hard data (32 indicators) and four composite indicators. (Agencies)