NITI Aayog to launch the third edition of the India Innovation Index
NITI Aayog will release the third edition of the India Innovation Index
on the 21 July, 2022 at the NITI Bhawan. The India Innovation Index 2021 will be
released by the Vice Chairman, NITI Aayog, Suman Bery, in the presence of Dr VK
Saraswat, Member; Parameswaran Iyer, Chief Executive Officer and other esteemed
dignitaries.
The release of the third edition of the index – the first and second
editions were launched in October, 2019 and January, 2021, respectively –
corroborates the Government’s continuous commitment towards transforming the
nation into an innovation-driven economy.
The India Innovation Index 2021 is set against the backdrop of the
pandemic, which has disrupted the global demographic landscape. Resilience and
crisis-driven innovation have helped India bounce back, in these trying times.
The India Innovation Index 2021, which examines innovation capacities and
ecosystems at the sub-national level, highlights the recent factors and
catalysts for promoting such crisis-driven innovation.
The third edition strengthens the scope of innovation analysis in the
country by drawing on the framework of the Global Innovation Index (GII). The
new framework presents a more nuanced and comprehensive outlook for measuring
innovation performance in India, with the introduction of 66 unique indicators,
as compared to the 36 indicators used in the preceding edition (viz. India
Innovation Index 2020). Through this comprehensive framework, the index
evaluates the innovation performance of all the states and union territories in
India. The states and the union territories have been divided into 17 ‘Major
States’, 10 ‘North-East and Hill States’, and 9 ‘Union Territories and City
States’, for effectively comparing their performance.
A special section has also been introduced in the India Innovation Index
2021 for showcasing the detailed analysis of the drivers of innovation, by evaluating
the improvement in the indicators. The states can assess their position and the
factors that led to a change in their ranking vis-à-vis that in the India
Innovation Index 2020.
With the India Innovation Index, NITI Aayog has commenced a journey to
develop a coherent tool for benchmarking the innovation ecosystem of the
country’s states and union territories, thereby fostering both competitive and
cooperative federalism amongst them.