Second edition of India Innovation Index 2020 "EMPOWER IAS"

In news:

• NITI Aayog is set to release the second edition of the India Innovation Index 2020 tomorrow.

 

India Innovation Index (III)

• The release of the second edition of the index—the first was launched in October 2019—demonstrates the Government’s continued commitment towards transforming the country into an innovation-driven economy.
• The index attempts to create an extensive framework for the continual evaluation of the innovation environment of 29 states and seven UTs in India.
• It intends to perform the following three functions-

1. Ranking of states and UTs based on their index scores
2. Recognizing opportunities and challenges, and
3. Assisting in tailoring governmental policies to foster innovation

• The India Innovation Index 2019 is calculated as the average of the scores of its two dimensions – Enablers and Performance.
• The states have been bifurcated into three categories: major states, north-east and hill states, and union territories/city-states/small states.

 

Significance

• The study examines the innovation ecosystem of Indian states and union territories.
• The aim is to create a holistic tool which can be used by policymakers across the country to identify the challenges to be addressed and strengths to build on when designing policies.