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NITI Aayog to launch second edition of India Innovation Index 2020
Jan-19-2021

In its continuous efforts towards transforming the country into an innovation-driven economy, NITI Aayog is going to release the second edition of the India Innovation Index 2020. 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. This will lead to a healthy competition among the states and union territories, thereby fostering competitive federalism. 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.

Besides, 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.

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