CURRENT AFFAIRS

Detailed explanation-1: -India increased the most in three pillars: Institutions (61, from 77 in 2019), business sophistication (55, from 65 in 2019), and creative outputs (64, from 78 in 2019) India has moved four places on the Global Innovation Index (GII) 2020 to rank at 48 since 2019.

Detailed explanation-2: -Switzerland is the world’s most innovative country followed by Sweden, the United States of America (U.S.), the Netherlands and the United Kingdom (U.K.), according to the GII 2019. Regional leaders include India, South Africa, Chile, Israel and Singapore, with China, Viet Nam and Rwanda topping their income groups.

Detailed explanation-3: -“Recently, in the Global Innovation Index 2022, India which was at 81st position earlier has come up to the 40th position,” she further said, underlining the importance of start-ups.

Detailed explanation-4: -Karnataka has bagged the top rank in NITI Aayog’s India Innovation Index, 2022, which determines innovation capacities and ecosystems at the sub-national level. The State has held this position, under the Major States category, in all three editions of the Index so far.