Skip to main content

India slips in Global Innovation Index to 81st position from 76th in a year, worst among BRICS nations

By Our Representative
A new report, prepared by the Cornell University, US, has rated India at 81st position in Global Innovation Index (GII) 2015, suggesting, despite a regime change in the country, things have failed to improve. The report says, “Over the last four years India has witnessed a reduction in its overall GII ranking, which dropped from 62nd place in 2011 to 76th in 2014.”
The only consolation for India is, its neighbours performs even worse – with Pakistan raking 132, Sri Lanka 85, and Bangladesh 129. However, its main “competitors”, members of the so-called BRICS club, of which India is also a part, have all outperformed India. Thus, China ranks 29th, Brazil 70th, South Africa 60th, and Russia 48th.
Prepared in partnership with the World Intellectual Property Organization (WIPO), consultants AT Kearney and the Confederation of Indian Industries (CII), among others, the nearly 450-page report notes that till 2008, “the policy regime in India has evolved to become favourable in terms of innovation, but since the economic slowdown in 2008—specifically after 2010—the performance of the Indian economy has remained somewhat unstable.”
Pointing out that “changing dynamics of the country’s political, educational, and business environment” has been a major reason for India’s downslide in GII, the report underlines, India has particularly found to be performing poorly in “input parameters” during the last four years. These parameters are "political stability, ease of starting a business, tertiary inbound mobility, and environmental performance”, it underlines.
“These findings also resonate with the general public’s perception that the government has been relatively inactive during this period in terms of making policy decisions. Among the reasons for this inactivity is the slowdown experienced in the overall economy, the country’s high inflation, and clamour over severe corruption charges against the incumbent government”, the report underlines.
“Weaknesses that are underscored in the GII occur in the area of ease of starting a business— a persistent matter of contention in India, which presents regulatory hurdles to entrepreneurs through a highly complex compliance regime and heavy bureaucratic interference”, the report says, adding, “Such government interference discourages entrepreneurs from effectively starting and running businesses”.
“India ranks poorly in terms of its ease of doing business parameters”, the report states, adding, “This will remain a major obstacle that India must address if it is to hasten its economic growth (in terms of its GDP) from its current level of 5–7% to 10% and above.”
Coming down heavily doing well on environmental front, the report states, “As a developing nation, India still holds a debate between the procurement of expensive, eco-friendly technology and the use of traditional, lowcost technologies that have a high carbon footprint. India’s dismal ranking (155th out of 176) in the 2014 Environmental Performance Index is evidence of the fact that the country has lacked efficient policy measures to tackle this issue.”
Then, the report states, “In India, a persistent contradiction exists between protecting intellectual rights for commercialization and profitmaking and catering to the social needs and obligations to the poor. Owing to this contradiction, policy and patent laws have been crafted to strike a balance between these two considerations. This has resulted in a relatively weaker intellectual property rights (IPR) regime than those of other developed nations.”
Another area of concern, the report states, is higher education. “India lacks an adequate number of higher education institutions to cater to its growing number of aspiring students”, it points out, adding, “The level of university-industry collaboration in India is also minuscule compared with that of other developed nations, and there is dearth of high-quality teachers in the education system.”
Then, the report states, there is a need for creating new jobs. “As the world economy becomes more volatile and India faces the adverse effects of this economic instability, it is essential for the government to stimulate job creation in the economy far more than usual by devising new methods”, the report underlines, adding, “This goal can be achieved through building a strong entrepreneurial ecosystem and incentivizing innovation-driven start-ups.”

Comments

TRENDING

Whistle-blowing IPS officer Sanjiv Bhatt's wife suspects foul play after truck hits her car

By Nachiketa Desai*
Paranoia has seized Shweta Bhatt, wife of suspended Indian Police Service (IPS) officer Sanjiv Bhatt, after the car she was driving was rammed in broad day light. According to Shweta Bhatt, it was beacon light-flashing truck without registration number plate. The incident took place on January 7, just a day ahead of the Gujarat High Court was scheduled to take up the bail application of Sanjiv Bhatt, arrested last year for "involvement" in a 23-year-old case.

Call to support IIM-Bangalore professor, censured for seeking action against Uniliver

Counterview Desk
Sections of the Indian Institute of Managements (IIMs) across India have strongly reacted to the decision to censure Dr Deepak Malghan, a faulty at IIM-Bangalore. Prabhir Vishnu Poruthiyil, who is faculty at IIM-Tiruchirapalli, has sought wider solidarity with Dr Malghan, saying, "The administration has censured Deepak for merely suggesting a meaningful action against Hindustan Unilever for their abysmal environmental record" by “disinviting” it for campus placement.

99% MGNREGA funds "exhausted", Govt of India makes no additional sanctions: Study

Counterview Desk
A letter, addressed to Prime Minister Narendra Modi, and prepared by senior activists led by Aruna Roy on behalf of the Peoples’ Action for Employment Guarantee (PAEG), and signed, among others, by 80 members of Parliament, has regretted that, despite repeated public statements by his government promising employment and job creation that will boost the country’s growth, the country’s only employment guarantee programme, Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), “is being systematically undermined.”

Morari Bapu, who has installed new statues of Ram, Laxman, Hanuman without weapons

By Sandeep Pandey*
A saint is one who can give some inner peace by his/her voice. This will happen only when s(he) will talk about love and harmony. Morari Bapu is one saint who has been conveying the message of love, peace, harmony, fraternity, etc. Today when a number of saffron clad figures with aggressive posture, spewing venom, fanning hatred to polarise voters are at the forefront of politics of Hindutva it is a relief to see Morari Bapu in a different mould.

Nuclear reactors sought from French giant "not safe": Letter to Modi on Jaitapur project

Counterview Desk
Amidst reports that the French nuclear giant EDF has submitted a “techno-commercial offer” for the world’s largest nuclear power park proposed in Maharashtra’s Jaitapur nuclear power park in Jaitapur on the Maharashtra coast, Dr EAS Sarma, India’s former Union Secretary in the Minister of Power, and an eminent voice in the civil society, has written an open letter to Prime Minister Narendra Modi, who also heads Department of Atomic Energy (DAE),  protesting the move.

World Bank clarifies: Its 26th rank to India not for universal access to power but for ease of doing business

By Our Representative
In a major embarrassment to the Government of India, the World Bank has reportedly clarified that it has not ranked India 26th out of 130 countries for providing power to its population. The top international banker’s clarification comes following Union Power Minister Piyush Goyal’s claim that India has “improved to 26 position from 99” in access to electricity in just one year.

Kerala land being acquired using "draconian, anti-people" National Highway Act, 1956

Counterview Desk
In a letter Chief Minister of Kerala Pinarayi Vijayan, senior activists and politicians have insisted that the Kerala government should not agree to "inhuman displacement and buid-operate-transfer (BOT) Toll system", imposed by the Government of India and the National Highway Authority of India, for widening the current National Highway (NH) 66.

Kaiga NPP expansion: Karnataka to get just 400 MW, but lose thick forest, fresh water

Counterview Desk
In an open letter to the chairman and members of the Atomic energy Commission (AEC) on the issue of Kaiga nuclear power plant (NPP) expansion plan in Karnataka, Shankar Sharma, well-known power policy analyst, has argued that that in case of expansion, the site will face “exponential increase in radiation emission risks”, underlining, “Nuclear safety experts identify such a scenario as enhanced risk for NPPs with multiple reactors and shared technical facilities."
Sharma says the questions that also be asked whether Karnataka should lose more than 54 hectares of thick forests and about 152,304 cubic meters of fresh water per day from Kali river for a meager benefit of 400 MW from the Kaiga NPP, for which “there are many benign alternative options available for the state at much lower overall costs to the state.”
Text of the letter: This has reference to the public hearing under the Environmental Impact Assessment (EIA) Rule 2006 of Ministry of Environment, Fore…

Uttarakhand High Court: Biodiversity boards can impose fees on Ramdev's Divya Pharmacy

By Mridhu Tandon
In a significant decision, the Uttarakhand High Court on December 21, 2018 has dismissed the writ petition filed by Divya Pharmacy founded by Baba Ramdev and Acharya Balakrishnan, challenging the demand of the Uttarakhand Biodiversity Board (UBB) imposing fees under the provisions of the Fair and Equitable Benefit Sharing (FEBS).

Modi becoming Prime Minister now appears to be an "accident" to the people of India

By Sandeep Pandey*
Anupam Kher's film 'Accidental Prime Minister' has targeted Dr Manmohan Singh who served for two terms and may be again acceptable for the job if his party regains power. But his tormentor Narendra Modi seems to be out of breath even before his first term is over. Disillusionment with him is so widespread and deep that people of India may not bear with him for another term. As the general elections approach again the difference between the two needs to be examined.