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Global Innovation Index and India’s ranking

Introduction:

  • The Government of India has launched the Global Innovation Index (GII) in New Delhi. This is the first time that the GII is being launched in an emerging economy.
  • The Department for Promotion of Industry and Internal Trade (DPIIT) of Ministry of Commerce and Industry, Government of India, World Intellectual Property Organization (WIPO) and Confederation of Indian Industry (CII) are co hosting the event.
  • India has jumped five places to rank 52 in the Global Innovation Index 2019, up from the 57 it had in last year’s rankings.

Key Findings of Global Innovation Index 2019:

  • Public R&D expenditures, particularly in some high-income countries, are growing slowly or not at all.
  • Global landscape of science, innovation, and technology has undergone important shifts over the last decades.
  • Asian economies especially middle-income one, are rapidly contributing to global research and development (R&D) and international patenting rates via WIPO’s International Patent System.

Need for innovation in India:

  • Key drivers of economic performance and social well-being.
  • It is important to inculcate scientific temper among masses in order to fight superstitions, distorted truth and religious fanaticism that has been crippling India
  • Innovation and technological improvement has become essential to combat and adapt to climate change and promote sustainable development,
  • It is imperative for combating national security threats ranging from cyber ware to autonomous military systems such as drones.
  • Investing in research and providing adequate incentives leads to creation of jobs, especially for the pool of engineers and researchers in the society. Under the ‘Make in India’ program, the government has targeted to create 100 million jobs from the manufacturing sector by 2022.

Government Efforts:

  • Various schemes have been introduced to improve the quality of research institutes, for the promotion of technology business incubators (Atal Incubation Centres) and research parks that promote innovative ideas until they become commercial ventures.
  • PM fellowship scheme aimed at encouraging young, talented, enthusiastic and result-oriented scholars to take up industry-relevant research.
  • Ucchatar Avishkar Yojana: It aims to promote industry-specific need-based research so as to keep up the competitiveness of the Indian industry in the global market.
  • Atal Tinkering Labs ensure that dedicated workspaces are created for students to innovate and develop ideas that will go on to transform India.
  • Platforms like “Innovate India” promote and recognise innovations happening across the nation by enabling citizens to share their innovation.
  • Unnat Bharat Abhiyan 2.0 to help bring transformational change in rural development processes by leveraging knowledge institutions to help build the architecture of an Inclusive India.
  • IMPRINT India is aimed at adopting engineering and technology as the vehicle to addressing the societal needs and achieving national prosperity
  • Forging technology and innovation partnerships with other nations like India-Israel Innovation Bridge will act as link between start-ups of India and Israel.
  • PRISM (Promoting Innovations in Individuals, Start-ups and MSMEs): It is a scheme launched by DSIR (Department of Science & Industrial Research) to support individual innovators with financial grants.
  • Various enabling policies like Science, Technology & Innovation Policy 2013, National Intellectual Property Rights Policy, Technology Vision Document 2035 and Space Vision India 2025 have been framed.

Current Affairs 2020

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