India, with a growth rate of 6.6 per cent in this financial year, is among the fastest growing economies in Asia amid a global slowdown triggered by a massive energy shock due to the ongoing Russia-Ukraine conflict, according to the Organisation for Economic Cooperation and Development (OECD). The OECD, the Paris-based intergovernmental body that focuses on economic policy, reports in its latest ‘Economic Outlook’ that India is set to be the second-fastest growing economy in the G20 in FY 2022-23, behind Saudi Arabia.
COVID-19 accelerated the adoption of new technologies in India since the pandemic led to the emergence of several path breaking ideas. The third edition of the India Innovation Index released by the National Institution for Transforming India (NITI Ayog) enhances the scope of innovation analysis in India by leveraging the framework of the Global Innovation Index (GII) of WIPO (World Intellectual Property Organisation)....
