Figure 3: No Copyright Infringement Intended

Context:

• The Atal Ranking of Institutions on Innovation Achievements (ARIIA) have been announced for the current year.
• Seven Indian Institutes of Technology and the Indian Institute of Science, Bengaluru, are among the top 10 central institutions. The top rank has been bagged by the IIT, Madras.

About ARIIA Ranks:

• ARIIA ranks are announced in 9 separate categories, including Centrally funded technical institutions such as IITs, NITs, State standalone technical colleges, State Universities, Private standalone technical colleges, Private universities and non-technical government colleges.
• It is a joint initiative of Ministry of Education and AICTE, that systematically rank higher educational institutions across India on indicators like start-up, Innovation, and Entrepreneurship Development amongst students and faculty.
• Under the initiative, institutions are evaluated on parameters such as number of registered students & faculty start-ups, patent filing & granted, fund generation by incubated start-ups, etc.
• Its first edition was launched in 2018.

Major Parameters:

• Programs and Activities on IPR, Innovation, Start-up and Entrepreneurship.
• Pre Incubation & Incubation Infrastructure & Facilities to Support I&E.
• Annual Budget Spent on Promoting and Supporting I&E Activities.
• Courses on Innovation, IPR and Entrepreneurship Development.
• Intellectual Property (IP), Technology Transfer and Commercialization.
• Successful Innovation and Start-ups & Funding Innovation & start-ups.

Objective of the Ranking:

• One of the main objectives of ARIIA is to improve India’s rank in the Global Innovation Index (GII) and bring it in the top 30 in a period of 5 years (by 2025).
• It aims to direct Higher Education Institutes (HEI)s towards focusing on establishing a strong startup ecosystem on campus.
• It aims to focus more on quality aspects of Startup ecosystems. The quantity of such ecosystems too is evaluated.
• It measures the impact of HEIs’ innovations and startup on society and the market.