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Government is likely to set up team to improve India’s innovation ranking

In the ninth Global Innovation Index report in 2016, India has improved its ranking by 15 places over last year, following five previous years of decline in position

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New Delhi, August 19, 2016: On Friday, the government announced that a team would be set up to advise on how to further improve India’s ranking in the global index of countries in the sphere of innovations.

“I am announcing that from the Department (of Commerce) a team would be formed that would look at repositioning India in the sphere of innovations,” Commerce Minister Nirmala Sitharaman said here, releasing the Global Innovation Index 2016 Report at an event hosted by jointly by the Niti Aayog, the Department of Industrial Policy and Promotion and industry chamber CII.

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“This team, which will include members from both government and outside, will not reinvent the wheel, but will go into the report, identify challenges and weaknesses to India’s innovation and what the government can do where it should step in and where it should step back and away,” Sitharaman said.

Global Innovation Index. Image source: spicyip.com
Global Innovation Index. Image source: spicyip.com

In the ninth Global Innovation Index report this year, in 2016, India has improved its ranking by 15 places over last year, following five previous years of decline in position.

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“I commit myself to the government’s assistance and facilitation to improve India’s innovation ranking next year,” the minister said, adding the composition of the committee would be announced in a few days. (IANS)

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10 Media Outlets From India Selected For YouTube Funding

Other projects look at the sustainability of news organisations, including work on new business models and programmes to support a healthy news ecosystem

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10 Indian media outlets among 87 selected for YouTube funding. Pixabay

Ten media outlets from India have been selected for receiving YouTube innovation funding as part of the Google News Initiative (GNI) to help newsrooms and publishers strengthen their online video capabilities and experiment with new formats for video journalism.

These 10 news organisations – Asianet News Media and Entertainment Pvt. Ltd., Bharatiya Digital Party (BhaDiPa), FACTLY, Gaon Connection, India Today Group, Live Data Visualisation Pvt. Ltd., NDTV, NYOOOZ, ShepHertz and Video Volunteers — are among the 87 selected from 23 countries.

“Today’s announcement reinforces our commitment to supporting a strong future for news video,” Timothy Katz, Director of News Partnerships, YouTube, said in a blog post on Tuesday.

“Hailing from 23 countries around the world, they represent a diverse array of broadcasters, traditional and digital publishers, local media, agencies and creators, but all share a commitment to quality journalism and a spirit of innovation,” Katz added.

YouTube is rolling out a new service "YouTube Music" on May 22 to seperate the music and film components on the Google-owned video-sharing platform.
YouTube. Pixabay

As part of the launch of Google News Initiative in March, YouTube committed $25 million funding to support the future of news.

Many of the projects selected for the innovation funding are focused on expanding newsroom video operations and trying out new ways of reporting news through video — from reaching younger audiences online to exploring live and fact-checking formats.

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Other projects look at the sustainability of news organisations, including work on new business models and programmes to support a healthy news ecosystem.

“Over the coming months, we’ll be sharing insights gained from the projects and giving newsrooms the opportunity to benefit from the learnings,” Katz added. (IANS)