Current Affairs
Select Date
Tags:
Hindi

India secured 81st Rank in Global Innovation Index

India’s Ranking in Global Innovation Index 2015 is 81 it was 76th in 2014.Despite of loosing some steps in postion GII report says that India is the top economy in GII rankings in Central and Southern Asia and also as one of the middle income group countries which is narrowing the gap in the innovation quality due to improved quality in higher education institutions.  
 Government measures for promotion and growth of scientific research 
1
. Successive increase in plan allocations for Scientific Departments, 
2. Setting up of new institutions for science education and research, creation of centres of excellence for research and facilities in emerging and frontline S&T areas in academic and national institutes, 
3. Establishment of new and attractive fellowships for both research students and scientists, 
4.Recent substantial revision of fellowships for research students, 
5. Strengthening infrastructure for Research and Development (R&D) in universities, 6. Encouraging public-private R&D partnerships, recognition of R&D units and national awards for outstanding R&D for industries and 
6. Setting up of Technology Business Incubators and Innovation and Entrepreneurship Development Centers.
GII recognized many steps of Indian Government, these are:
1
. Establishment of Ministry for Skill Development and Entrepreneurship.
2. Intervention of the government and the private sector, this results in the growth in level of innovation in Indian industry.
3. India’s most recent Union budget presented in February 2015, the government placed considerable emphasis on rapid development in the SME sector by addressing the funding issue.
4. The Ministry of Micro, Small & Medium Enterprises has launched Intellectual Property Facilitation Centres in different parts of the country with the aim of creating an intellectual property culture within SMEs by looking at protection.

All Rights Reserved Top Rankers