CURRENT AFFAIRS

Detailed explanation-1: -Recently, India has improved its overall International Intellectual Property (IIP) score from 38.4% to 38.6%, and the country is ranked 43rd out of 55 countries on the International Intellectual Property Index. International Intellectual Property Index is an annual report compiled by the US Chambers of Commerce.

Detailed explanation-2: -Recently, India has improved its overall IP score from 38.4 percent to 38.6 per cent, and the country is ranked 43 out of 55 countries on the International Intellectual Property Index. This year (2022) the index is topped by the US with 95.4%.

Detailed explanation-3: -Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal said that India had come a long way in the Global Innovation Index (GII) from the 81st spot in 2015 to the 40th spot in 2022 today.

Detailed explanation-4: -This reflects a score increase on indicator 32, said the report Global Innovation Policy Center of the US Chambers of Commerce. Overall, India is ranked 43 out of 55 countries in the International IP Index.

Detailed explanation-5: -The World Intellectual Property Organization yesterday released the Global Innovation Index 2022 in which Switzerland has emerged as the world’s most innovative economy for the 12th consecutive year.