Karnataka tops NITI Aayog’s India Innovation Index

The index attempts to create an extensive framework for the continual evaluation of the innovation environment of 29 states and seven union territories

Asit Ranjan Mishra
Updated17 Oct 2019, 04:38 PM IST
Photo: iStockPhoto
Photo: iStockPhoto

Karnataka among major states, Delhi among Union Territories and Sikkim among hilly states have topped the ranking in NITI Aayog's first ever India Innovation Index aimed at examining the innovation capabilities and performance of Indian states.

The index attempts to create an extensive framework for the continual evaluation of the innovation environment of 29 states and seven union territories. It intends to rank states and UTs based on their index score, recognise opportunities and challenges, and assist in tailoring governmental policies to foster innovation.

The index measures innovation inputs through five enabler parameters and innovation output through two performance parameters. While human capital, investment, knowledge workers, business environment, safety and legal environment have been identified as enabler parameters, knowledge output and knowledge diffusion have been selected as performance parameters.

NITI Aayog vice chairman Rajiv Kumar said the index will further drive a culture of innovation across Indian states and help create a conducive ecosystem for innovation to flourish across the country. "Such an index will not only help states to devise their own strategy for fostering an innovation climate, it will also enable them to benchmark their performance with other states," he added.

Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:17 Oct 2019, 04:38 PM IST
Business NewsCompaniesNewsKarnataka tops NITI Aayog’s India Innovation Index

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    NTPC

    422.45
    09:17 AM | 19 SEP 2024
    8.6 (2.08%)

    Tata Motors

    974.35
    09:17 AM | 19 SEP 2024
    11.95 (1.24%)

    Tata Steel

    152.00
    09:17 AM | 19 SEP 2024
    1.4 (0.93%)

    Bharat Electronics

    284.25
    09:17 AM | 19 SEP 2024
    1.4 (0.49%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Graphite India

    586.20
    03:50 PM | 18 SEP 2024
    51.2 (9.57%)

    Torrent Power

    1,933.10
    03:41 PM | 18 SEP 2024
    153.15 (8.6%)

    HEG

    2,288.90
    03:51 PM | 18 SEP 2024
    177.4 (8.4%)

    Alkyl Amines Chemicals

    2,372.50
    03:57 PM | 18 SEP 2024
    156.5 (7.06%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      73,100.000.00
      Chennai
      73,130.000.00
      Delhi
      73,510.000.00
      Kolkata
      73,540.000.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.85/L0.10
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in Companies

        HomeMarketsloanPremiumMint Shorts