Karnataka tops NITI Aayog innovation list

NITI Aayog’s India Innovation Index: The Third edition of the India Innovation Index was recently released by NITI Aayog Vice Chairman Suman Bery at an event in the NITI Bhawan.

Key Highlights:

  • The India Innovation Index 2022 was released on 21 July 2022 in the presence of Dr. V K Saraswat, Member; Shri Parameswaran Iyer, Chief Executive Officer and other esteemed dignitaries.
  • The India Innovation Index 2021 provides state-wise rankings on the basis of innovation landscape and performance of states and union territories in India
  • The first edition was released in October 2019 and second in January 2021.

Key Features of India Innovation Index 2021:

  • The India Innovation Index 2021 is set against the backdrop of the pandemic, which has disrupted the global demographic landscape.
  • It examines innovation capacities and ecosystems at the sub-national level and highlights the recent factors and catalysts for promoting such crisis-driven innovation.
  • The third edition has been prepared on the basis of Global Innovation Index (GII), which is published by World Intellectual Property Organization (WIPO), on annual basis.
  • It is based on 7 pillars viz., human capital, investment, business environment, safety & legal environment, knowledge workers, knowledge output, and knowledge diffusion.
  • It provides a more comprehensive outlook to measure innovation performance across country based on 66 new & unique indicators, as opposed to 36 indicators in India Innovation Index 2020.
  • 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.

According to the Index released -

  • Manipur (Score 18.01) secured the lead in the Northeast and Hill States category.
  • Chandigarh (Score 27.88) was the top performer in the Union Territories and City States category.
  • Karnataka (Score 18.01) has topped Niti Aayog's India Innovation Index 2022 among major states.
  • The report attributed Karnataka's high score to its peak performance in attracting FDI, or foreign direct investment, and a large number of venture capital deals.
  • Telangana, Haryana and Maharashtra stood second, third and fourth in the list of top states.

What is India Innovation Index?

  • The India Innovation Index is prepared by NITI Aayog and the Institute for Competitiveness.
  • It is a comprehensive tool for the evaluation and development of the country’s innovation ecosystem.
  • The index ranks states and union territories on their innovation performance to encourage healthy competition between them.
  • The number of indicators in the index has increased from 36 to 66.
  • They are now distributed across 16 sub-pillars and 7 key pillars.

 The 7 pillars are –

  1. Human capital,
  2. Investment,
  3. Business environment,
  4. Safety & legal environment,
  5. Knowledge workers,
  6. Knowledge output, and
  7. Knowledge diffusion.

Which state has topped Niti Aayog's India Innovation Index 2022 among major states?
A) Tamil Nadu
B) Kerala
C) Karnataka
D) Telangana