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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