14. Which of the following launched India Innovation Index?
States will be ranked on innovations from 2017
NITI Aayog, Department of Industrial Policy & Promotion dIPP) and Confederation of Indian Industry (CII) together launched a mega initiative “India Innovation Index”.
It will rank states on Innovations through country’s first online innovation index portal that will capture data on innovation from all Indian states on innovation and regularly update it in real time.
The India Innovation Index Framework will be structured based on the best practices followed in Global Innovation Index (GII) indicators and additionally by adding India-centric parameters those truly reflect the Indian innovation ecosystem.
The Global Innovation Index (GII)
The Global Innovation Index (GII), co-published by World-Intellectual Property Organization (WIPO), Cornell University and INSEAD with CII as a Knowledge Partner since inception, has been ranking world economies including India since 2007 according to their innovation capabilities and outcomes using 82 indicators among a host of other important parameters.
It has established itself as both a leading reference on innovation and a ‘tool for action’ for policy makers.
India currently ranks 66th out of 128 countries on the Global innovation Index (GII) 2016.