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Under PM Modi, India Living Up To Global Benchmarks: Singh

He said, as per the latest data, India has over 5 lakh R&D personnel, a number that has shown a 40-50 per cent increase in the last 8 years

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The consistent improvement in the Global Innovation Index (GII) ranking is owing to the immense knowledge capital, the vibrant startup ecosystem and some outstanding work done by the public and private research organisations, said the union minister of state for science and technology on Friday. 

He said that India has created a massive jump in its global ranking of GII from 81 in the year 2015 to 46 in 2021 among 130 economies of the world. 

While delivering a keynote address at “DST StartUp Utsav” at Dr Ambedkar International Centre, he said that India ranks 2nd among 34 lower-middle-income economies and 1st among 10 Central and Southern Asian economies in terms of GII.

Singh said, under Prime Minister Narendra Modi, India has increased the Gross Expenditure on R&D (GERD) more than three times in the last few years. 

He said, as per the latest data, India has over 5 lakh R&D personnel, a number that has shown a 40-50 per cent increase in the last 8 years.

In the last 8 years, Singh said that with the shifting global powers and technology becoming the epicentre of international engagements and rulemaking, India under Modi is living up to global benchmarks.

Referring to Prime Minister Modi’s launch of startup India from the ramparts of Red Fort in 2015, Singh said, "India in its 75th year of Independence is now home to as many as 75,000 startups."

The Minister said that Modi’s special focus on science, technology and innovation has fired the imagination of the youth in the country to innovate and solve problems with new ideas. 

He also pointed out that India’s startups today are not limited to only metros or big cities and added that 49 per cent of the startups are from tier-2 and tier-3 cities. 

He said that we have startups emerging in the fields like IT, agriculture, aviation, education, energy, health and space sectors.