Context: 

The Secretary, the Department of Science and Technology, recently released the “National Manufacturing Innovation Survey (NMIS) 2021-22: Summary for Policymakers”.

About National Manufacturing Innovation Survey:

• It is a joint study by the Department of Science and Technology (DST) and the United Nations Industrial Development Organization
• Aim: To evaluate the innovation performance of manufacturing firms in India.

Findings of the survey:

• Karnataka, overall, is the most “innovative” State, followed by Dadra and Nagar Haveli, Daman and Diu, Telangana, and Tamil Nadu.
• Telangana, Karnataka, and Tamil Nadu had the highest share of innovative firms at 46.18%, 39.1%, and 31.9%, respectively, with Odisha, Bihar, and Jharkhand reporting the lowest share of such firms.
• Barriers to innovation:
• • Lack of internal funds
  • High innovation costs
  • Lack of financing from external sources. 
• Gujarat and Dadra and Nagar Haveli, Daman, and Diu reported the highest frequencies of barriers to innovation. 

                                                                                                                                          News Source: PIB