Low govt effectiveness, infra scores check India’s progress on innovation index
Low govt effectiveness, infra scores check India’s progress on innovation index [Infrastructure]
Despite rising 15 places from 81 last year to 66 in the Global Innovation Index (GII) 2016, India continues to lag in several areas important for growth of business and industry such as government effectiveness, infrastructure and knowledge creation.
The report shows India maintaining its top position among countries in the central and south Asia region.
However, it also shows neighbouring China moving up the rankings and joining the world’s 25 most-innovative economies, becoming the first middle-income country to enter the top 25 nations.
Switzerland, Sweden, the UK and the US lead the rankings.
The annual report, published by the World Intellectual Property Organization (WIPO), assesses countries on seven major indicators with 84 sub-indicators that range across the political, social, educational and financial spectrum.
Among these, the sub-index for government effectiveness, which captures the perceptions of quality of civil services and degree of their independence from political pressures and the quality of policy formulation and implementation, India is ranked at 82, the same as last year.
In the infrastructure indicator, India has stayed put in the 87th rank, not having progressed in the use of information technology.
The government aims to reduce the time taken to examine patents to 18 months by March 2018 and is on track to meeting this goal.
However, the country’s efforts to improve the ease of doing business have reflected in India moving up 11 places to 114 from 125 last year.