Government Announces New Team Formation to Enhance Innovation Policies


BENGALURU: In an event hosted by Niti Aayog, the Department of Industrial Policy and Promotion and industry chamber CII, government announced setting up a team to enhance the innovations across the country. The issues raised in Global Innovation Index report, which was released at the event, are going to be addressed by Government of India. Nirmala Sitharaman, commerce minister of India remarked that  from the Department (of Commerce) a team would be formed that would look at repositioning India in the sphere of innovations.

As mentioned by Global Innovation Index 2016, India has been ranked 66th on a list of most pioneering economies, climbing 15 places from last year, according to a new UN report. The report emphasis for more candid policies to ensure a better innovation index from the country. Talking about the formation of new team Sitharaman said, “This team, which will include members from both government and outside, will not reinvent the wheel, but will go into the report, identify challenges and weaknesses to India’s innovation and what the government can do — where it should step in and where it should step back and away.”

The Global Innovation Index ranks innovation performance of 128 countries and economies accross the globe, based on 82 indicators. Although the rank has improved from previous year, the team has been advised by the government to lead from front and specify the policies of innovative business environment and education. “I commit myself to the government’s assistance and facilitation to improve India’s innovation ranking next year,” Sitharaman added.

Commerce minister also wanted, the innovation policy experts, to look at a structure of not driving children to perform only in a conventional examination. “It is unpredictability which is going to bring in performance and innovation,” she added.

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