Karnataka has retained its place as the highest rating main State in NITI Aayog’s India Innovation Index 2020, which ranked States based mostly on how they assist innovation and new applied sciences.
Maharashtra grabbed the No 2 place within the index, launched on Wednesday, adopted by Tamil Nadu, Telangana and Kerala.
“Innovation will play a key function in upholding the spirit of ‘Aatmanirbhar Bharat’, by giving the required thrust by means of aggressive federalism,” stated NITI Aayog CEO Amitabh Kant, releasing the report.
Himachal Pradesh topped a separate index for 10 North-East and Hill States adopted by Uttarakhand and Manipur, whereas Delhi was ranked No 1 amongst Union Territories and Metropolis States, with Chandigarh and Daman & Diu on the second and third locations, respectively.
The primary version of the index was launched in October 2019 to showcase the federal government’s initiative to create an innovation-driven financial system. The index helps recognise areas of developmental intervention, with innovation as the driving force for progress.
“Amongst main States, the common innovation rating is 25.35. Karnataka tops at 42.5, which is attributable to its robust variety of enterprise capital offers, registered GIs (Geographical Indications) and ICT (Data and Communication Know-how) exports.
“Karnataka’s excessive FDI influx has additionally enhanced the innovation capabilities of the State,” the report stated.
Bihar was final among the many 17 main States with a rating of 14.5.
‘Heading in the right direction’
The findings of the index present that “we’re heading in the right direction, with States taking a number of measures to enhance their innovation ecosystem,” stated NITI Aayog Vice-Chairman Rajiv Kumar.
The 2020 version builds on the earlier 12 months’s methodology by introducing metrics to supply a extra holistic outlook of the financial system.
“The framework is up to date to incorporate globally thought of parameters for measuring innovation, equivalent to the share of GDP spent on analysis and growth, whereas maintaining them particular to the Indian financial system,” stated the report.
With the pandemic triggering an financial shutdown, the function of innovation in revitalising the financial system has by no means been extra necessary, it added.