03 February 2017 Current Affairs: The Indian Policy Think Tank, NITI Aayog together with Department of Industrial Policy & Promotion (DIPP) and Confederation of Indian Industry (CII) has launched a first of its kind online portal, India Innovation Index in India to rank the states on the basis of innovation.
The Index has been developed by the Indian sides in consultation with the World Economic Forum, the World Intellectual Property Organization, Cornell University, OECD, UNIDO, ILO, UNESCO, ITU and others.
The portal was inaugurated by Mr Amitabh Kant, CEO NITI Aayog on February 2, 2017 in New Delhi.
The Index would rank Indian states as per their innovation capability and provide them necessary feedback to build their respective innovation ecosystems and further instill innovation spirit among institutions and people.
The index would consider Global Innovation Index indicators and other India–centric data from various states to determine the ranking which will be updated periodically.
These would enable the international agencies to collect India’s up to date data points for ranking global indices.