NITI Aayog’s India Innovation Index 2021 -Karnataka, Manipur and Chandigarh on Top

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NITI Aayog’s India Innovation Index (third edition) released on 21 July by NITI Aayog Vice Chairman Suman Bery.

Important facts

• Karnataka has topped the India Innovation Index.

• Telangana and Haryana are second and third in the ranking, respectively.

• Karnataka has again topped the 'Major States' category.

• Manipur tops the category of 'Northeast and Hill States' followed by Uttarakhand and Meghalaya.

• Chandigarh tops the 'Union Territories' category, followed by Delhi.

Why is Karnataka on top in the ranking?

• Karnataka tops the list for attracting FDI and having a large number of venture capital deals.

• Karnataka is also the top 'performer' in terms of information and communication technology exports and Geographical Indication registration.

What is the India Innovation Index?

• The Index is released by NITI Aayog and the Institute for Competitiveness every year.

• It is a comprehensive tool for the evaluation and development of the country’s innovation ecosystem.

• The first and second editions were launched in 2019 and 2021 respectively.

• Under this, the states and union territories are ranked on their innovation performance to create healthy competition among them.

• This time 66 indicators have been included as compared to 36 indicators used in the previous edition.

Significance of the Index

• The latest report is based on the framework of the Global Innovation Index (GII), which strengthens the scope of innovation analysis in the country.

• Innovation is at the forefront of India's 'Make in India' and 'Atmanirbhar Bharat' initiatives.

• By emphasizing on innovation, India can increase its manufacturing and develop its export competitiveness.

• It showcases the innovative capabilities of the states, highlights their strengths and weaknesses.