India Innovation Index Research: Niti Aayog Invites EoI
By Rediff Money Desk, New Delhi Sep 09, 2024 17:35
Niti Aayog seeks research proposals for India Innovation Index to enhance state innovation performance and overall economic growth.
![India Innovation Index Research: Niti Aayog Invites EoI](https://im.rediff.com/money/2020/sep/02innovation.jpg)
Illustration: Dominic Xavier/Rediff.com
New Delhi, Sep 9 (PTI) Government think tank Niti Aayog has invited expressions of interest (EoI) for undertaking research on India Innovation Index.
The index is envisaged to encourage states/UTs to examine and improve their innovation environment and performance, which could further lead to improvement in India's overall innovation performance.
It is designed as a holistic tool which can be used by policymakers across the country to identify the challenges to be addressed and the strengths to leverage when designing the economic growth policies for their regions.
The India Innovation Index is calculated as the average of the scores of factors under 'Enablers' and 'Performance'.
Enablers are the factors that underpin innovative capacities, grouped in five pillars -- human capital, investment, knowledge workers, business environment, and safety and legal environment.
The Performance captures benefits that a nation derives from the inputs, divided in two pillars -- knowledge output and knowledge diffusion.
The terms of reference of EoI include identifying quantifiable and qualitative indicators to measure innovation across India.
The duration of the study would be 6 months following the award of the contract, the Aayog said.
The index is envisaged to encourage states/UTs to examine and improve their innovation environment and performance, which could further lead to improvement in India's overall innovation performance.
It is designed as a holistic tool which can be used by policymakers across the country to identify the challenges to be addressed and the strengths to leverage when designing the economic growth policies for their regions.
The India Innovation Index is calculated as the average of the scores of factors under 'Enablers' and 'Performance'.
Enablers are the factors that underpin innovative capacities, grouped in five pillars -- human capital, investment, knowledge workers, business environment, and safety and legal environment.
The Performance captures benefits that a nation derives from the inputs, divided in two pillars -- knowledge output and knowledge diffusion.
The terms of reference of EoI include identifying quantifiable and qualitative indicators to measure innovation across India.
The duration of the study would be 6 months following the award of the contract, the Aayog said.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 13.53 (+ 2.50)
- 37383887
- Rajnish Wellness
- 3.57 (+ 1.71)
- 30241488
- Rama Steel Tubes
- 14.07 ( -5.82)
- 22457314
- Suzlon Energy Ltd.
- 78.05 (+ 4.99)
- 22398174
- GTL Infrastructure
- 2.49 (+ 4.62)
- 21215786
MORE NEWS
![QCI Approves NTH...](https://im.rediff.com/80-80/money/2014/may/22drone3.jpg)
QCI Approves NTH Ghaziabad as Drone...
Quality Council of India (QCI) has approved National Test House (NTH), Ghaziabad as a...
![India's Largest...](https://im.rediff.com/80-80/news/2022/nov/data-o.jpg)
India's Largest Supercomputer: 8 Exaflops Power...
Microsoft and G42 partner to build India's largest supercomputer with 8 exaflops of...
![Gujarat Launches...](https://im.rediff.com/80-80/money/2015/mar/24niti.jpg)
Gujarat Launches 'GRIT': NITI Aayog-Like Think...
Gujarat establishes 'GRIT', a NITI Aayog-modeled think tank, to achieve the 'Viksit...