 Hello and welcome to Chanakya IS Academy. I am Priya Kumari and today daily topic analysis topic is India Innovation Index. So let's see one by one. India Innovation Index. This was recently in news because Niti Ayog released the second edition of India Innovation Index 2020. So this index actually demonstrates the government's continued commitment towards transforming the country into an innovation driven economy. So what is India Innovation Index basically? Now Niti Ayog with Institute for Competitiveness releases the India Innovation Index. So the study is an outcome of extensive research and analysis which looks holistically at the innovation landscape of India by examining the innovation capabilities and performance of Indian states and union territories. So the aim is to create a holistic tool which can be used by policy makers across the country to identify the challenges to be addressed and strengths to build on when designing the economic growth policies for their regions. What are objectives of this India Innovation Index? So the index attempts to create an extensive framework for the continual evaluation of the innovation environment of 29 states and union territories in India and intends to perform the following three functions. Which are they? They are ranking of states and union territories based on their index course, then recognizing opportunities and challenges and assisting in tailoring governmental policies to foster innovation. So how this index is calculated? So it is calculated as the average of this course of its two dimensions which are enablers and performance. So the enablers are the factors that underpin innovative capacities which are grouped in five pillars and they are human capital, investment, knowledge workers, business environment and safety and legal environment. The performance index captures benefits that a nation derives from the inputs which are again divided into two pillars and they are knowledge output and knowledge diffusion. So what are the key findings of recent India Innovation Index 2020? Amongst the major states, the average innovation score between the 29 states of India is 25.35 in which Karnataka tops at 42.5 which is attributable to its strong number of venture capital ideas, then registered GIs and ICT exports. Then again Karnataka's high FDI inflow has also enhanced the innovation capabilities of the state. Now Maharashtra follows second at 38 while Bihar finishes last at 14.5. So the case for the southern states as the top performers has also become stronger as four of them occupy the top five spots within the major states. So you can see here like Karnataka tops followed by Maharashtra then third is Tamil Nadu and fourth is Telangana and again fifth is Kerala. So top five spots are taken by the southern states and of course Maharashtra. So if we see amongst the north eastern states and hill states then Himachal Pradesh as the best performer came up with a score of 25 followed by Manipur which is 22.77 and Sikkim 22.28 respectively. So with 31.9% of its total employment generation being knowledge intensive, Himachal Pradesh benefits from a high number of knowledge workers. So another characteristic that boosts the state's level of innovation is its industry friendly policy and incentives which are reflected in its high rank in the ease of doing business index. So that's why Himachal topped their list. So if we see amongst the union territories so the average state average score was 26.01. So amongst them Delhi emerged as the best performer and Chandigarh followed Delhi with a score of 38.57 whereas Lakshadeep is the last position and Jammu Kashmir also scores 18.62. So having recorded the highest number of trademark and patent application along with the establishment of new startups and companies in the last financial year the national capital or Delhi has managed to deliver superior results in the domain of knowledge output. That's why Delhi topped the chart. So now we will see the question based on this. So the question is which of the following institution organization releases India Innovation Index? Option A, only Niti Aayok. Option B, the Institute for Competitiveness only. Option C, both A and B. Option D, neither A nor B. So please comment your answer in the comment box. The solution will be provided in the next topic. Till then take care, goodbye and have a nice day. Don't forget to like share and subscribe to our channel and press the bell icon to never miss an update.