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NITI Aayog releases ‘India Innovation Index 2022’

  • Posted By
    10Pointer
  • Categories
    Polity & Governance
  • Published
    22nd Jul, 2022

The third-edition of India Innovation Index 2022 was released by NITI Aayog.

Context

The third-edition of India Innovation Index 2022 was released by NITI Aayog.

Key-highlights of the Index

  • Karnataka topped in the ‘Major States’ category.
    • Karnataka’s high score can be attributed to its peak performance in attracting FDI and a large number of venture capital deals. 
  • Manipur emerged as a winner in the ‘North East and Hill States’ category. 
  • Chandigarh was the top performer in the ‘Union Territories and City States’ category.
    • Chandigarh topped the knowledge worker pillar.
    • Delhi topped the business environment and investment pillars.

What is the India Innovation Index?

  • The India Innovation Index is prepared by NITI Aayog and the Institute for Competitiveness.
  • It is a comprehensive tool for 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 have increased from 36 to 66 and are now distributed across 16 sub-pillars and 7 key pillars. These 7 pillars are:
    • Human capital
    • Investment
    • Knowledge workers
    • Business environment
    • Safety and legal environment
    • Knowledge output
    • Knowledge diffusion

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