Categories: Economy

India improves rank in Global Innovation Index

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<strong>India has climbed two positions to be ranked 46th by the World Intellectual Property Organization in the Global Innovation Index 2021 rankings, according to a NITI Aayog statement issued on Monday.  </strong></p>
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India has been rising steadily, in the Global Innovation Index (GII), from a rank of 81 in 2015 to 46 in 2021.</p>
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The consistent improvement in the GII ranking is owing to the immense knowledge capital, the vibrant start-up ecosystem, and the amazing work done by the public and the private research organizations, the official statement said.  </p>
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The Department of Atomic Energy; the Department of Science and Technology; the Department of Biotechnology and the Department of Space have played a pivotal role in enriching the National Innovation Ecosystem, it added.</p>
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NITI Aayog has been working to ensure the optimization of the national efforts for bringing policy-led innovation in different areas such as electric vehicles, biotechnology, nano technology, space, alternative energy sources, the statement said.  </p>
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 A constant thrust in monitoring and evaluating India’s position in the global rankings has been provided by the NITI Aayog, including in the GII.</p>
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This year, the NITI Aayog, in partnership with the CII and the World Intellectual Property Organisation (WIPO), is hosting, virtually, the India Launch of the GII and the Global Innovation Conclave during September 21-22, 2021.</p>
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<strong>Also Read: <a href="https://www.indianarrative.com/science-news/inspired-by-bee-hive-iit-hyderabad-designs-noise-absorber-panel-113872.html">Inspired by bee hive, IIT Hyderabad designs noise absorber panel</a></strong></p>

IN Bureau

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